The table below compares Montgomery County Maryland real estate sales data for the month of July 2007 compared to July 2008 in the most important measurable categories. This information comes from the Metropolitan Regional Information Systems, Inc. compiled data.
2008 2007 % Change
Total Sold Dollar Volume: | $ 460,552,815 | $ 611,024,814 | - 24.63 % |
Average Sold Price: | $ 531,203 | $ 601,995 | - 11.76 % |
Median Sold Price: | $ 408,000 | $ 490,000 | - 16.73 % |
Total Units Sold: | 867 | 1,015 | - 14.58 % |
Detach/Attach Average Sold: | $ 685,265 | $ 338,621 | $ 754,233 | $ 427,025 | - 9.14 % | - 20.70 % |
Average Days on Market: | 92 | 68 | 35.29 % |
Average List Price for Solds: | $ 579,936 | $ 631,522 | - 8.17 % |
Avg Sale Price as a percentage of Avg List Price: |
91.60 % | 95.32 % |
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