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Montgomery Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Montgomery home sales for the month of February rose in volume by 21.7% when compared to last year, while the median sale price decreased by 20.5% from $217,000 to $172,450. The number of Single Family homes sales rose by 11.1%, while the median sale price decreased by 21.2% from $239,200 to $188,450. Condo/townhome sales rose by 60%, while the median sale price decreased by 7.6% from $171,900 to $158,750.

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Median Sale Prices for Montgomery

177k
200k
178k
217k
184k
212k
190k
207k
207k
210k
186k
224k
206k
182k
186k
172k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Montgomery

41
28
22
23
53
40
63
60
56
39
46
35
31
33
17
28
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Montgomery

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 23 28 +21.7% 48 46 -4.2%
(Single Family) 18 20 +11.1% 37 34 -8.1%
(Condos/Townhomes) 5 8 +60% 11 12 +9.1%
Median Sale Price $217,000 $172,450 -20.5% $186,200 $180,000 -3.3%
(Single Family) $239,200 $188,450 -21.2% $220,000 $199,950 -9.1%
(Condos/Townhomes) $171,900 $158,750 -7.6% $169,900 $162,500 -4.4%
Days on Market 27 24 -11.1% 28 29 +1.8%
(Single Family) 30 20 -32.2% 32 28 -12.5%
(Condos/Townhomes) 17 57 +235.3% 23 31 +32.6%

HomesByMarco sold over 300 homes last year

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Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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