ZIP CODE STATISTICS 20878, GAITHERSBURG/NORTH POTOMAC/KENTLANDS/LAKELANDS, MARYLAND - REAL ESTATE TRENDS

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Real Estate Agent with Realty Group Referrals 16766

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

ZIP Code: 20878 Gaithersburg, MD

Roy Kelley, Associate Broker, RE/MAX Realty Group, Gaithersburg, MD

Email:  roykelley@mris.com;  Home Search Website:  www.roykelley.com

Client Service:  301-670-8996


From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008

  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 0 0 0 0 0 1 -30 Days 13
$100,000 - 149,999 0 0 0 1 0 0 6 0 31-60 Days 12
$150,000 - 199,999 0 0 0 0 0 1 19 0 61 - 90 Days 10
$200,000 - 249,999 0 0 0 2 0 10 12 0 91-120 Days 6
$250,000 - 299,999 0 0 3 1 0 26 11 0 Over 120 Days 9
$300,000 - 349,999 0 2 0 3 0 21 7 0 Total 50
$350,000 - 399,999 1 5 1 1 0 31 9 0  
$400,000 - 449,999 0 0 2 3 0 13 6 0 Type of Financing
of Units Sold
(No. of Units)
$450,000 - 499,999 1 2 3 0 0 28 1 0
$500,000 - 599,999 1 3 5 0 0 50 0 0 Conventional 37
$600,000 - 699,999 0 3 3 0 0 33 1 0 FHA 9
$700,000 - 799,999 0 0 0 0 0 24 0 0 VA 2
$800,000 - 899,999 0 0 2 0 0 11 0 0 Assumption 1
$900,000 - 999,999 0 0 2 0 0 11 0 0 Cash 0
$1,000,000 - 2,499,999 0 0 0 0 0 16 0 0 Owner Finance 0
$2,500,000 - 4,999,999 0 0 0 0 0 0 0 0 All Other 1
$5,000,000 & Over 0 0 0 0 0 0 0 0 Unreported 0
Totals 3 15 21 11 0 275 72 0 Total 50
Grand Totals 50 347    
    2008   2007   % Change
Total Sold Dollar Volume: $ 23,278,387 $ 37,922,446 - 38.62 %
Average Sold Price: $ 465,568 $ 566,007 - 17.75 %
Median Sold Price: $ 441,250 $ 538,000 - 17.98 %
Total Units Sold: 50 67 - 25.37 %
Average Days on Market: 78 60 30.00 %
Average List Price for Solds: $ 504,895 $ 583,344 - 13.45 %
Avg Sale Price as a
percentage of Avg List Price:
92.21 % 97.03 %  
Total NEW listings: 86
Total Properties Marked Contract: 21
Total Properties Marked Contingent Contract: 25
Total NEW pendings (Contracts + Contingents): 46

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

  Please contact Roy Kelley & Associates for all of your residential real estate needs. We represent buyers as their exclusive buyer agents. There is a very large number of lender owned homes in the current housing inventory.  During the next few months, buyers will have an unusually large selection of properties and the lenders will be highly motivated to accept reasonable offers for their REO homes.

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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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