POOLESVILLE, MARYLAND 20837 REAL ESTATE TREND INDICATOR
If you are thinking about buying or selling a home in zip code 20837, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 8 new listings in the area and none went to pending new contracts. There were no actual settlements as compared to 2 homes sold last year. There were 45 active listings. What does this mean? It is still a soft market which favors buyers. Buyers have the largest selection and the lowest prices that have been available for several years. First time home buyers have the benefit of the currently available $7,500 tax credit. The lenders still have a surplus inventory of foreclosures in Montgomery County and buyers are taking advantage of the bargains.
Roy Kelley, Associate Broker, RE/MAX Realty Group
Home Search Website: www.roykelley.com
Email: roykelley@mris.com; Client Assistance: 301-670-8996
ZIP Code: 20837 Poolesville, MD
From: 01/01/2009 to 01/31/2009 Statistics generated on: 02/06/2009
| 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 | 0 |
| $100,000 - 149,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 31-60 Days | 0 |
| $150,000 - 199,999 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 61 - 90 Days | 0 |
| $200,000 - 249,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 91-120 Days | 0 |
| $250,000 - 299,999 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | Over 120 Days | 0 |
| $300,000 - 349,999 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | Total | 0 |
| $350,000 - 399,999 | 0 | 0 | 0 | 0 | 0 | 8 | 0 | 0 | ||
| $400,000 - 449,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | Type of Financing of Units Sold (No. of Units) |
|
| $450,000 - 499,999 | 0 | 0 | 0 | 0 | 0 | 4 | 0 | 0 | ||
| $500,000 - 599,999 | 0 | 0 | 0 | 0 | 0 | 6 | 0 | 0 | Conventional | 0 |
| $600,000 - 699,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | FHA | 0 |
| $700,000 - 799,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | VA | 0 |
| $800,000 - 899,999 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | Assumption | 0 |
| $900,000 - 999,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Cash | 0 |
| $1,000,000 - 2,499,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | Owner Finance | 0 |
| $2,500,000 - 4,999,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | All Other | 0 |
| $5,000,000 & Over | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unreported | 0 |
| Totals | 0 | 0 | 0 | 0 | 0 | 45 | 0 | 0 | Total | 0 |
| Grand Totals | 0 | 45 |
|
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
Please contact us with your questions on the residential real estate market.
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
© 2009 ActiveRain Corp. All Rights Reserved