Market Statistics Germantown Maryland, 20876

By
Real Estate Agent with RE/MAX Realty Services

Currently there are 29 sales in the zip code of 20876 pending settlement.  Volume over last year at this time is down by about 38%.  Sellers are netting approximately 89% of their asking price.

Total new listings in 20876 for July is 56, this includes townhomes, homes and condos.

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

ZIP Code: 20876 Germantown, MD
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

1

0

1 -30 Days

4

$100,000 - 149,999

0

0

0

0

0

0

1

0

31-60 Days

2

$150,000 - 199,999

0

2

0

0

0

10

6

0

61 - 90 Days

5

$200,000 - 249,999

1

2

0

0

0

32

14

0

91-120 Days

1

$250,000 - 299,999

0

1

0

0

0

26

9

0

Over 120 Days

7

$300,000 - 349,999

0

1

3

0

0

21

4

0

Total

19

$350,000 - 399,999

0

0

0

0

0

20

5

0

 

$400,000 - 449,999

0

2

0

0

0

8

1

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

0

1

0

0

11

0

0

$500,000 - 599,999

0

0

6

0

0

22

0

0

Conventional

11

$600,000 - 699,999

0

0

0

0

0

10

0

0

FHA

5

$700,000 - 799,999

0

0

0

0

0

3

0

0

VA

1

$800,000 - 899,999

0

0

0

0

0

1

0

0

Assumption

1

$900,000 - 999,999

0

0

0

0

0

2

0

0

Cash

1

$1,000,000 - 2,499,999

0

0

0

0

0

2

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

1

8

10

0

0

168

41

0

Total

19

Grand Totals

19 209
    2008    2007    % Change
Total Sold Dollar Volume: $ 7,156,975 $ 11,649,799 - 38.57 %
Average Sold Price: $ 376,683 $ 448,069 - 15.93 %
Median Sold Price: $ 345,000 $ 387,500 - 10.97 %
Total Units Sold: 19 26 - 26.92 %
Average Days on Market: 130 57 128.07 %
Average List Price for Solds: $ 423,697 $ 469,230 - 9.70 %
Avg Sale Price as a
percentage of Avg List Price:
88.90 % 95.49 %
Total NEW listings: 56
Total Properties Marked Contract: 16
Total Properties Marked Contingent Contract: 13
Total NEW pendings (Contracts + Contingents): 29

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


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Audrey June-Forshey

GRI, Gaithersburg, MD
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