The June 2008 numbers for home sales in Gaithersburg and North Potomac MD are down compared to June 2007 in zip code 20878. Total dollar volume of home sales decreased by 36% compared to 2007. There were 12 condos and 43 townhomes/single family homes sold in June, with 57 properties that went under contract. 84 condos came on the market and 281 residential homes came up for sale in this month. The average days on market was 85, compared to 87 days for Montgomery County MD overall.
The average sold price was $524,480, which is a 7% decline compared to June 2007. Overall in Montgomery County, the average sold price declined 4% compared to the same month.
This zip code includes North Potomac and parts of Darnestown plus the neighborhoods of Diamond Farms, Kentlands, Lakelands, Quince Orchard Park and Washingtonian Woods. To see more about home prices and values in these neighborhoods, visit my Gaithersburg MD Real Estate and North Potomac MD Real Estate pages of my website.
Feel free to call me to discuss the market in more detail on my cell: 301-910-9910.
Bob Myers, GRI
Re/Max Realty Services, 15020 Shady Grove Road, Suite 400, Rockville, MD 20850, 240-403-0400
With over 20 years of experience, in good markets and bad, I have the education, skills, integrity and work ethic to help you with all your real estate needs in Montgomery County MD and Northern VA.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Post a comment
Temporarily disabled — coming soon!