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Homes For Sale In Germantown, Maryland 8/4/11

By
Industry Observer with Retired

Homes For Sale In Germantown, Maryland  8/4/11

Today, there are 249 homes for sale in Germantown, Maryland.  84 (34%) of the active listings are short sale pre-foreclosures and 17 (7%) are lender owned foreclosures (REO).  148 (59%) are listings that are not designated as short sales or foreclosures.  In summary, 41% of the available homes are either short sales or foreclosures.

Active listings not designated as short sales or foreclosures:

41 homes are priced at $250,000 or less

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204200-37

108 homes are priced at $250,000 or more.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204229-411

Short sale pre-foreclosures:

58 short sale listings at or below $250,000

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204581-840

26 short sale listings at $250,000 and above

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204560-130

Lender owned foreclosures:

There are 10 REO properties at $250,000 or less

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204609-153

7 REO listings at $250,000 and above

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204676-828

Please contact us for assistance with your home search or search for an investment property for your rental portfolio.

 Blooming for Maryland home buyers.

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Comments(7)

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Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

I just wanted to say hello! You sure put a lot of work and effort into this post and I hope you get results or raise awareness in Maryland.

Have a great day and never loose that smile or optimism!

Aug 04, 2011 09:05 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Good Germantown MD market report Roy.  This is the type of information consumers can use to make decisions to buy, and when they do decide, they should call you.

Aug 04, 2011 10:47 AM
Roy Kelley
Retired - Gaithersburg, MD

Good evening Patricia and Anita.  I really appreciate your visit and your comments.  It is a time of much opportunity for Germantown home buyers.  Many of the well priced homes are attracting multiple contracts so buyers need to be prepared for the competition.

 Lilypons Water Gardens.  Photograph by Roy Kelley.

Aug 04, 2011 11:46 AM
Rose King
David Tracy Real Estate - Friendswood, TX
Friendswood / Pearland / Houston Bay Area

Hi Roy! It looks like there are some great buys in Gaithersburg! Hope you get lots of buyers!

Aug 04, 2011 01:49 PM
Roy Kelley
Retired - Gaithersburg, MD

Good evening Rose.  Good to hear from you.  This is a very good summer for home buyers in Maryland.

Aug 04, 2011 01:52 PM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Roy, looks like you still have a large proportion of distressed homes for sale.  Let's hope this will change soon!

Aug 04, 2011 02:11 PM
Roy Kelley
Retired - Gaithersburg, MD

Good morning, Silvia.  It is always nice to hear from you. The lender owned foreclosures represent only 3% of the listing inventory in Montgomery County.  Some individual communities, such as Germantown are showing a higher percentage of foreclosures.

Aug 04, 2011 10:35 PM
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