Gaithersburg Real Estate News & Market Updates for the week of 10/17/2012
There are currently 247 Properties currently available in Gaithersburg Maryland for Montgomery County in Maryland
Psst. . mortgages rates are at record lows
With mortgage rates at or near record lows and prices rolled back, we are puzzled finding buyers that are still waiting for the market to drop some more.. .well. you are in for a lonnnnng wait!
An inventory shortage has whipped up a feeding frenzy in our local market. .specially in the lower range properties. With bidding wars and price increases coming from apartment renters that are finding that mortgage payments are LOWER than their monthly rental bill. .is a no brainier!
As a broker, I ask myself if this pressure is justified?
Would most buyers be better served by waiting?
Absolutely not!
Check the chart below..
Year over Year (YoY) statistics are on the positive side in all aspects of the market today,
Everything points that the market is in the upswing!
Even the average Sold Price shows almost a 10% jump over last year. .That is good news if you are a seller. . .
The inventory declined to record lows in the last 12 months,if you are waiting to buy. . pay attention to this critical number
The number of LISTINGS!
Search All Gaithersburg Homes For Sale here
The most expensive active home for sale in Gaithersburg is:
$1,900,000
20533 ZION ROAD, Gaithersburg
House is TEARDOWN. Value is in LAND: Almost 17 acres zoned RE2 with PUBLIC H20 available. Also listed in lot-land as MC6159542. So...
- Beds 3
- Baths 1.0
- MLS MC7922579
The least expensive active home for sale in Gaithersburg is:
$50,000?
128 DUVALL LANE Unit #183-30, Gaithersburg — Fireside
Short Sale professionally negotiated. 2 Bedroom 2 bath condo. Priced to sell.
- Beds 2
- Baths 2.0
- MLS MC7895039
- SqFt. 1,053
Foreclosure active homes for sale in Gaithersburg:
$439,900
12913 SCARLET OAK DRIVE, Gaithersburg
Value and location, Great lot, lots of space, over sized 3 car garage. full finished english basement, 4 bedrooms on the main leve...
- Beds 5
- Baths 3.0
- MLS MC7925187
- SqFt. 1,738
$350,999
204 SWARTHMORE AVENUE, Gaithersburg
This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Property approved for Homepath Mortgage financing and...
- Beds 3
- Baths 3.0
- MLS MC7929494
Latest Listings in Gaithersburg Maryland as of 10/17/2012
$1,900,000
20533 ZION ROAD, Gaithersburg
House is TEARDOWN. Value is in LAND: Almost 17 acres zoned RE2 with PUBLIC H20 available. Also listed in lot-land as MC6159542. So...
- Beds 3
- Baths 1.0
- MLS MC7922579
$1,499,999
9431 BRINK ROAD, Gaithersburg
one of the largest estate home in Laytonsville area, over 10000SF of living spaces in 3 fully finished level, 5 bedrooms eash bedr...
- Beds 5
- Baths 6.0
- MLS MC7947149
- SqFt. 10,019
$1,440,000?
15213 BUCKEYE COURT, Gaithersburg
Beautiful new home in the sought- after Quail Run subdivision. 4 bedrooms, 4 full baths and 2 half-baths, hardwood floors, gourmet...
- Beds 4
- Baths 6.0
- MLS MC7691409
- SqFt. 4,200
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Real Estate Company. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All listing information copyright MRIS 2012. Last updated: October 15, 2012
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Gaithersburg Real Estate News & Market Updates for the week of 10/17/2012
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