Montgomery County, Maryland Foreclosures & Short Sales Rev. 07/12/12

By
Real Estate Sales Representative with RE/MAX Realty Group

Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 07/12/12

 

The Montgomery County Distressed Market

 

The Montgomery County Market continues to see a decline in available inventory. Year over year, the number of active properties in June was down 25.38% while the overall total “Sold Dollar Volume” was up 4.16% as was the average sold price, up 3.47%.

 

Year to date, the number of homes sold remains up over the first half of 2011 as does the average sales price, up 2.44% with 4,891 properties sold in Montgomery County over the first half of 2012.  These positive indicators are likely the result of lower inventory combined with favorable financing rates.

 

Of the 2560 homes currently available for sale in Montgomery County, 31(1.2%) are foreclosures while 267 (10.4%) are potential short sales.  You may view all available homes at www.craigrosenfeld.com or email me and I will create a custom search based upon your specific criteria.

 

                                                                 Foreclosures:

 

There are currently only 31 lender owned properties (REO) for sale in MoCo.

 

Click the following URL to see the listings:

 

http://mrislistings.mris.com/DE.asp?k=2133467XCR8K&p=DE-172822957-136

 

 

 

Short Sale Pre-foreclosures:

 

There are 112 short sale listings below $250,000.

 

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XCR8K&p=DE-172823001-245

 

There are 118 short sale listings for sale between $250,000 and $500,000. 

 

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XCR8K&p=DE-172823008-656

 

There are 40 short sale listings for sale at or above $500,000

 

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XCR8K&p=DE-172823062-679

 

 

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Your referrals of friends, family members and colleagues will always be appreciated.  My business is referral based and I like it that way! I represent buyers and sellers as their exclusive agent in residential transactions, whether a regular resale or distressed property.  

 

Your Real Estate Professional,

 

Craig Rosenfeld

Licensed in Maryland and Virginia.

 

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