REPORT OF HOMES LISTED AND SOLD IN MONTGOMERY COUNTY MARYLAND - APRIL 2006-2007

HOME SALES WERE MODEST FOR REAL ESTATE IN MONTGOMERY COUNTY FOR APRIL 2007. 
A total of 924 properties sold in April 2007 compared to 1,105 sold in April 2006, a 16% decline.

SOLD PRICES FOR ALL HOMES MONTGOMERY COUNTY 2006-2007
The average sold price for properties in Montgomery County in April 2007 was $520,684.
The average sold price for properties in Montgomery County in April 2006 was $507,297.
Sold prices in in Montgomery County in 2007 showed a 2.64% increase over 2006.

SOLD PRICES AS A PERCENTAGE OF LIST PRICE 2006-2007
The average sold price as a percentage of list price for homes in Montgomery County in 2007 was 95.69%
The average sold price as a percentage of list price for homes in Montgomery County in 2006 was 97.66%

MONTGOMERY COUNTY LUXURY HOMES in POTOMAC OPPORTUNITIES FOR HOME BUYERS.
A total of 40 properties sold in April 2007 in Potomac Maryland.  Average Days on the Market was 109.
A total of 45 properties sold in April 2006 in Potomac Maryland.  Average Days on the Market was 68.  

PRICES HAVE COME DOWN FOR LUXURY HOMES IN POTOMAC, MARYLAND
The average sold price for properties in Potomac, Maryland in April 2007 was $996,967.
The average sold price for properties in Potomac, Maryland in April 2006 was $1,025,018.
Sold prices in Potomac Maryland in 2007 showed a 2.74% decrease over 2006.
Sold prices as a percentage of list price in Potomac, Maryland for 2007 was 92.94%

Luxury Homes in Potomac like the one pictures will be in the $5,000,000 price range. 

PRICES HAVE COME DOWN IN THE ROCKVILLE 20852 MARYLAND MARKET 
The average sold price for properties in Rockville, Maryland in April 2007 was $415,196.
The average sold price for properties in Rockville, Maryland in April 2006 was $478,236.
Sold prices in Rockville Maryland in 2007 showed a 13.18% decrease over 2006.
Sold prices as a percentage of list price in Rockville, Maryland for 2007 was 96.88%

Homes like the one pictured will be in the $950,000 price range in Rockville.

DETACHED SINGLE FAMILY HOMES AVAILABLE FOR SALE IN MONTGOMERY COUNTY MARYLAND
There are 2795 homes offered for sale.
The highest priced home for sale is listed for $14,500,000.
The lowest priced home for sale is listed for $299,900.
The average list price for homes for sale is $832,583.

TOWN HOMES AVAILABLE FOR SALE IN MONTGOMERY COUNTY MARYLAND
There are 1116 town homes offered for sale.                                                     
The highest priced town home for sale is listed for $1,819,900.
The lowest priced town home for sale is listed for $185,000
The average list price for town homes for sale is $418,011.

CONDO HOMES AVAILABLE FOR SALE IN MONTGOMERY COUNTY MARYLAND
There are 1001 condo homes offered for sale.
The highest priced condo home for sale is listed for $2,264,900.
The lowest priced condo home for sale is listed for $130,000.
The average list price for condo homes for sale is $349,403.

New Town Homes like the one pictured are about $575,000 in the Silver Spring real estate market.

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