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Kentlands and North Potomac ZIP Code: 20878 Gaithersburg, MD

Metropolitan Regional Information Systems, Inc. ZIP Code Statistics - <$100K to >$5M Format

ZIP Code: 20878 Gaithersburg, MD

From: 03/01/2008 to 03/31/2008 Statistics generated on: 04/08/2008

	Residential Unit Sales Number of Bedrooms					Active Listings			Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop	Ground Rent	Residential	Condo Coop	Ground Rent	of Units Sold (No. of Units)
Under $100,000	0	0	0	0	0	0	0	0	1 -30 Days	9
$100,000 - 149,999	0	0	0	0	0	0	2	0	31-60 Days	4
$150,000 - 199,999	0	0	0	1	0	1	13	0	61 - 90 Days	6
$200,000 - 249,999	0	0	0	1	0	5	13	0	91-120 Days	8
$250,000 - 299,999	0	0	0	3	0	19	16	0	Over 120 Days	18
$300,000 - 349,999	0	2	0	1	0	29	11	0	Total	45
$350,000 - 399,999	3	3	4	1	0	27	11	0
$400,000 - 449,999	1	1	0	1	0	5	4	0	Type of Financing of Units Sold (No. of Units)
$450,000 - 499,999	0	1	1	1	0	23	2	0	Type of Financing of Units Sold (No. of Units)
$500,000 - 599,999	0	3	5	0	0	47	0	0	Conventional	38
$600,000 - 699,999	0	0	2	0	0	29	0	0	FHA	3
$700,000 - 799,999	0	2	1	0	0	32	0	0	VA	0
$800,000 - 899,999	0	0	4	0	0	18	0	0	Assumption	0
$900,000 - 999,999	0	0	0	0	0	3	0	0	Cash	3
$1,000,000 - 2,499,999	0	0	3	0	0	17	0	0	Owner Finance	1
$2,500,000 - 4,999,999	0	0	0	0	0	0	0	0	All Other	0
$5,000,000 & Over	0	0	0	0	0	0	0	0	Unreported	0
Totals	4	12	20	9	0	255	72	0	Total	45
Grand Totals	45					327

	2008	2007	% Change
Total Sold Dollar Volume:	$ 23,460,300	$ 33,993,200	- 30.99 %
Average Sold Price:	$ 521,340	$ 548,277	- 4.91 %
Median Sold Price:	$ 455,000	$ 504,000	- 9.72 %
Total Units Sold:	45	62	- 27.42 %
Average Days on Market:	122	93	31.18 %
Average List Price for Solds:	$ 565,710	$ 572,582	- 1.20 %
Avg Sale Price as a percentage of Avg List Price:	92.16 %	95.76 %

Total NEW listings:	110
Total Properties Marked Contract:	23
Total Properties Marked Contingent Contract:	30
Total NEW pendings (Contracts + Contingents):	53

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

Posted by Roy Kelley on 04/24/2008 04:03 PM

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kentlands and north potomac zip code 20878 gaithersburg, md, roy kelley, remax realty group

This post has been included in Maryland Information Montgomery County, MD Information North Potomac, MD Information

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Real Estate Agent: Roy Kelley (RE/MAX Realty Group)

Roy Kelley
Gaithersburg, MD
More about me…
RE/MAX Realty Group

Office Phone: (301) 921-4569
Email Me

Comments from an associate broker with over 40 years of experience in the residential real estate field. REO and foreclosures expert in Maryland.

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