Montgomery County, MD
Monthly Market Statistics - Detailed Report
March-2011
Sold Summary
Mar-2011 Mar-2010 % Change
Sold Dollar Volume $340,707,589 $334,598,769 1.83%
Avg Sold Price $450,671 $398,807 13.00%
Median Sold Price $332,450 $324,250 2.53%
Units Sold 756 839 -9.89%
Avg Days on Market 92 69 33.33%
Avg List Price for Solds $465,166 $409,579 13.57%
Avg SP to OLP Ratio 92.8% 95.5% -2.81%
Ratio of Avg SP to Avg OLP 92.9% 94.5% -1.71%
Attached Avg Sold Price $256,850 $276,160 -6.99%
Detached Avg Sold Price $638,436 $528,987 20.69%
Attached Units Sold 372 432 -13.89%
Detached Units Sold 384 407 -5.65%
Inventory
Mar-2011 Mar-2010 % Change
Active Listings 3,088 3,145 -1.81%
New Listings 1,638 1,945 -15.78%
New Under Contracts 534 807 -33.83%
New Contingents 739 465 58.92%
New Pendings 1,273 1,272 0.08%
Total Pendings 2,023 2,411 -16.09%
Notes:
  • SP = Sold Price
  • OLP = Original List Price
  • LP = List Price (at time of sale)
  • Garage/Parking Spaces are not included in Detached/Attached section totals.
Financing (Sold)
Assumption 0
Cash 151
Conventional 378
FHA 178
Other 12
Owner 0
VA 37
Days on Market (Sold)
0 32
1 to 10 127
11 to 20 65
21 to 30 38
31 to 60 108
61 to 90 87
91 to 120 88
121 to 180 103
181 to 360 94
361 to 720 12
721+ 2
Active Detail
Sold Detail
Residential Condo/Coop Active Listings
2 or Less BR 3 BR 4 or More BR All Residential Condo/Coop
Price Ranges Detached Attached/TH Detached Attached/TH Detached Attached/TH Attached Detached Attached/TH Attached
< $50,000 0 0 0 0 0 0 2 2 3 6
$50K to $99,999 1 0 0 0 0 0 34 1 3 105
$100K to $149,999 0 3 1 14 0 4 38 4 29 130
$150K to $199,999 2 4 2 21 0 4 33 18 83 141
$200K to $299,999 5 3 21 51 25 12 46 170 169 196
$300K to $399,999 1 2 31 18 58 4 26 312 120 111
$400K to $499,999 0 0 13 8 38 3 10 287 32 25
$500K to $599,999 0 0 7 8 42 4 4 188 16 21
$600K to $799,999 0 0 14 6 48 3 4 323 30 20
$800K to $999,999 0 0 3 0 22 1 1 147 5 9
$1M to $2,499,999 0 0 1 0 41 0 1 298 6 9
$2.5M to $4,999,999 0 0 0 0 7 0 0 54 0 2
$5,000,000+ 0 0 0 0 1 0 0 11 0 0
Total 9 12 93 126 282 35 199 1,815 496 775
Avg Sold Price $213,333 $206,395 $422,423 $286,935 $723,241 $342,896 $225,711
Prev Year - Avg Sold Price $294,844 $237,372 $376,027 $289,462 $595,936 $412,248 $231,174
Avg Sold % Change -27.65% -13.05% 12.34% -0.87% 21.36% -16.82% -2.36%
Prev Year - # of Solds 16 24 102 160 289 55 193
Source: RealEstate Business Intelligence, LLC. An MRIS company. Statistics generated on 04/06/2011.
Copyright 2011 - All Rights Reserved. Information deemed reliable, but is not guaranteed.