Montgomery County, MD
Monthly Market Statistics - Detailed Report
January-2011
Sold Summary
Jan-2011 Jan-2010 % Change
Sold Dollar Volume $236,640,095 $250,651,547 -5.59%
Avg Sold Price $440,671 $406,242 8.47%
Median Sold Price $340,000 $326,000 4.29%
Units Sold 544 618 -11.97%
Avg Days on Market 84 75 12.00%
Avg List Price for Solds $455,714 $419,887 8.53%
Avg Sold Price to List Price Ratio 92.0% 94.3% -2.41%
Ratio of Avg Sold Price to Avg List Price 91.5% 92.5% -1.08%
Attached Avg Sold Price $264,000 $268,538 -1.69%
Detached Avg Sold Price $595,446 $546,197 9.02%
Attached Units Sold 253 311 -18.65%
Detached Units Sold 290 307 -5.54%
Inventory
Jan-2011 Jan-2010 % Change
Active Listings 2,884 2,653 8.71%
New Listings 929 1,178 -21.14%
New Under Contracts 321 464 -30.82%
New Contingents 428 285 50.18%
New Pendings 764 756 1.06%
Total Pendings 1,507 1,866 -19.24%
Financing (Sold)
Assumption 0
Cash 114
Conventional 270
FHA 115
Other 16
Owner 1
VA 21
Days on Market (Sold)
0 21
1 to 10 47
11 to 20 64
21 to 30 46
31 to 60 110
61 to 90 79
91 to 120 56
121 to 180 56
181 to 360 58
361 to 720 6
721+ 1
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 All Detached Attached/TH All
< $50,000 0 0 0 0 0 0 4 0 0 5
$50K to $99,999 0 0 0 2 0 0 21 3 7 126
$100K to $149,999 0 3 1 13 0 0 31 5 34 170
$150K to $199,999 2 1 9 12 3 5 14 29 101 166
$200K to $299,999 2 2 19 30 24 3 28 187 198 202
$300K to $399,999 0 1 13 14 32 7 18 298 118 84
$400K to $499,999 1 0 13 7 35 0 7 220 33 30
$500K to $599,999 1 0 5 8 27 2 3 147 21 24
$600K to $799,999 1 0 6 10 41 3 2 215 18 10
$800K to $999,999 1 0 2 0 19 1 1 113 3 9
$1M to $2,499,999 0 0 1 0 27 0 0 223 7 11
$2.5M to $4,999,999 0 0 0 0 5 0 0 51 0 4
$5,000,000+ 0 0 0 0 0 0 0 10 0 0
Total 8 7 69 96 213 21 129 1,501 537 841
Avg Sold Price $412,688 $220,429 $376,853 $312,454 $674,232 $377,440 $211,496
Prev Year - Avg Sold Price $349,708 $209,153 $360,316 $294,577 $619,438 $258,504 $252,709
Avg Sold % Change 18.01% 5.39% 4.59% 6.07% 8.85% 46.01% -16.31%
Prev Year - # of Solds 12 15 74 130 221 23 143
Source: RealEstate Business Intelligence, LLC. An MRIS company. Statistics generated on 02/17/2011.
Copyright 2010 - All Rights Reserved. Information deemed reliable, but is not guaranteed.