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Gaithersburg - North Potomac - Darnestown - Kentlands MD Market Statistics 20878 ~ 12/01/2008 to 12/31/2008

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Real Estate Agent with RE/MAX Advantage 335893

Gaithersburg - North Potomac - Darnestown -  MD Market Statistics 20878 - ZIP Code Statistics 20878 - <$100K to >$5M Format

ZIP Code: 20878 Gaithersburg, MD
From: 12/01/2008 to 12/31/2008                Statistics generated on: 01/07/2009

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

1

0

1 -30 Days

11

$100,000 - 149,999

0

0

0

3

0

0

11

0

31-60 Days

8

$150,000 - 199,999

0

2

0

0

0

4

17

0

61 - 90 Days

8

$200,000 - 249,999

0

1

0

3

0

7

11

0

91-120 Days

5

$250,000 - 299,999

0

5

1

3

0

17

8

0

Over 120 Days

15

$300,000 - 349,999

1

3

0

3

0

16

5

0

Total

47

$350,000 - 399,999

2

1

1

0

0

6

6

0

$400,000 - 449,999

0

0

1

0

0

9

7

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

0

1

0

0

15

3

0

$500,000 - 599,999

0

1

8

0

0

31

0

0

Conventional

26

$600,000 - 699,999

0

1

1

0

0

22

1

0

FHA

13

$700,000 - 799,999

0

0

2

0

0

18

0

0

VA

0

$800,000 - 899,999

0

0

3

0

0

6

0

0

Assumption

3

$900,000 - 999,999

0

0

0

0

0

6

0

0

Cash

4

$1,000,000 - 2,499,999

0

0

0

0

0

10

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

0

0

0

All Other

1

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

3

14

18

12

0

167

70

0

Total

47

Grand Totals

47 237
   2008    2007    % Change
Total Sold Dollar Volume: $ 18,933,335 $ 25,136,597 - 24.68 %
Average Sold Price: $ 402,837 $ 546,448 - 26.28 %
Median Sold Price: $ 340,000 $ 519,500 - 34.55 %
Total Units Sold: 47 46 2.17 %
Average Days on Market: 104 113 - 7.96 %
Average List Price for Solds: $ 454,749 $ 594,145 - 23.46 %
Avg Sale Price as a
percentage of Avg List Price:
88.58 % 91.97 %
Total NEW listings: 36
Total Properties Marked Contract: 27
Total Properties Marked Contingent Contract: 12
Total NEW pendings (Contracts + Contingents): 39
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