GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS

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Real Estate Agent with Realty Group Referrals 16766

GAITHERSBURG, MD 20878, KENTLANDS, LAKELANDS, NORTH POTOMAC ZIP CODE STATISTICS  

Since we live in  in zip code 20878, the real estate statistics in this area have a high level of personal interest. There were 240 homes listed for sale on MRIS during the past month.  83 new listings were added to the inventory and 67 properties went to pending contracts. 50 went to settlement during the month as compared with 60 settlements during the same month last year.  The sold dollar volume was down 11.89% from last year. The average sold price was $445,060 and the median sold price was $440,000, up 25.71% from last year. The average days on the market was 70 as compared to 110 last year. The average sale price was 93.9% of the average list price.  It is a wonderful market for first time home buyers and move up home buyers.    

There are 167 active listings of homes for sale in Zip Code 20878. Click the following URL to see the listings in order of subdivisions.  Sort by column headers:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-91712115-655  

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

ZIP Code: 20878 Gaithersburg, MD
From: 09/01/2009 to 09/30/2009                Statistics generated on: 10/07/2009

  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 1 0 0 7 0 1 -30 Days 19
$100,000 - 149,999 0 0 0 3 0 1 8 0 31-60 Days 11
$150,000 - 199,999 0 0 0 0 0 2 6 0 61 - 90 Days 10
$200,000 - 249,999 0 1 1 2 0 8 8 0 91-120 Days 4
$250,000 - 299,999 0 1 1 4 0 17 10 0 Over 120 Days 6
$300,000 - 349,999 0 0 0 3 0 21 13 0 Total 50
$350,000 - 399,999 0 0 3 0 0 13 12 0  
$400,000 - 449,999 1 2 2 2 0 8 4 0 Type of Financing
of Units Sold
(No. of Units)
$450,000 - 499,999 0 2 1 0 0 18 1 0
$500,000 - 599,999 0 5 8 0 0 23 0 0 Conventional 30
$600,000 - 699,999 0 1 1 0 0 19 0 0 FHA 12
$700,000 - 799,999 0 0 1 0 0 11 0 0 VA 1
$800,000 - 899,999 0 0 2 0 0 7 0 0 Assumption 1
$900,000 - 999,999 0 0 1 0 0 9 0 0 Cash 6
$1,000,000 - 2,499,999 0 0 1 0 0 14 0 0 Owner Finance 0
$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 1 12 22 15 0 171 69 0 Total 50
Grand Totals 50 240    
    2009   2008   % Change
Total Sold Dollar Volume: $ 22,253,015 $ 25,254,632 - 11.89 %
Average Sold Price: $ 445,060 $ 420,911 5.74 %
Median Sold Price: $ 440,000 $ 350,000 25.71 %
Total Units Sold: 50 60 - 16.67 %
Average Days on Market: 70 110 - 36.36 %
Average List Price for Solds: $ 473,948 $ 454,793 4.21 %
Avg Sale Price as a
percentage of Avg List Price:
93.90 % 92.55 %  
Total NEW listings: 83
Total Properties Marked Contract: 29
Total Properties Marked Contingent Contract: 38
Total NEW pendings (Contracts + Contingents): 67

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.

Please contact us with your questions on the residential real estate market.

Posted by

Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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