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POOLESVILLE, MARYLAND 20837 REAL ESTATE TREND INDICATOR

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
2009 2008 % Change
Total Sold Dollar Volume: $ 0 $ 772,700 - 100.00 %
Average Sold Price: $ 0 $ 386,350 - 100.00 %
Median Sold Price: $ 0 $ 386,350 - 100.00 %
Total Units Sold: 0 2 - 100.00 %
Average Days on Market: 0 73 - 100.00 %
Average List Price for Solds: $ 0 $ 419,500 - 100.00 %
Avg Sale Price as a
percentage of Avg List Price:
N/A 92.10 %
Total NEW listings: 8
Total Properties Marked Contract: 0
Total Properties Marked Contingent Contract: 0
Total NEW pendings (Contracts + Contingents): 0

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.

Posted Sunday Feb 15