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Montgomery County November Housing Statistics

By
Real Estate Sales Representative with Re/Max Town Center

GCAAR recently released the November housing statistics for single family homes which can be found here.  See below to view a synopsis.

  • 661 homes were put on the market in the month of November
  • The majority of the homes were in the $200,000-$299,999 range with a total of 132 homes
  • 654 homes have gone to contract in the month of November
  • 552 homes settled (officially sold) in November
  • Of the homes which have settled the price range which had the highest total settlements was the 200,000-$299,999 range

Included in the monthly statistics are the up-to-date annual statistics. See below for what has occurred through November of 2010.

  • The highest number of homes that were actively listed for sale was in the month of September
  • The most homes that had ratified contracts occurred in the month of April, with March coming in at a close second.
  • The price range with the most active homes is the $200,000-$299,999 range
  • The average home price for 2010 is $492,719. This is a drop from 2007 when the average home price was $617,367
  • The median home price range in 2010 is $399,000

 GCAAR releases these home statistics every month and they can be found here. Following home statitics can help you determine when a good time to list your  home for sale will be. Timing is half the battle when attempting to sell you home!

Posted by

Mary and Al Cardany

Realtor

240.832.0401

Client@CardanyRealtyGroup.com