Rockville MD Market Report Zip Code 20850

At the end of January 2008 there were 51 condo/coop active listings and 141 residential properties active in zip code 20850, including properties in the Americana Centre, Decoverly, King Farm, and Willows of Potomac neighborhoods.

There were 6 condo/coops that sold in January and 16 residential homes.  The total dollar volume sold has gone down by almost 16% compared to January of last year, with the average sold price up by 11%.  The average number of days on market is 92 - slightly more than last January's average of 84. 

Across Rockville, less than 10% of active listings or properties under contract were ‘short sales' - where the owner is selling for less than they owe on the property.  Out of 616 properties for sale or under contract in all Rockville zip codes as of mid-February, 45 are short sales.  In Zip 20850, there were 11 short sales either under contract or for sale.

Click here to see more detail on home sales in Rockville MD neighborhoods on my website.  If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.