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Residential Home Resale statistics for Montgomery County- September 2009

Real Estate Trend Indicator

Montgomery County, MD


From: 09/01/2009 to 09/30/2009

Montgomery County Seal

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

1

0

19

0

8

113

0

1 -30 Days

371

$100,000 - 149,999

3

16

2

32

0

91

180

0

31-60 Days

139

$150,000 - 199,999

7

36

8

35

0

236

232

0

61 - 90 Days

99

$200,000 - 249,999

6

41

27

29

0

272

193

1

91-120 Days

69

$250,000 - 299,999

2

50

25

25

0

337

154

0

Over 120 Days

181

$300,000 - 349,999

1

41

38

23

0

307

106

0

Total

859

$350,000 - 399,999

3

30

37

15

0

269

72

0

$400,000 - 449,999

2

13

35

5

0

197

31

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

14

23

3

0

202

27

0

$500,000 - 599,999

0

20

43

6

0

279

35

0

Conventional

404

$600,000 - 699,999

0

13

25

0

0

208

4

0

FHA

284

$700,000 - 799,999

0

7

18

1

0

165

13

0

VA

34

$800,000 - 899,999

0

2

24

0

0

119

7

0

Assumption

29

$900,000 - 999,999

0

0

11

1

0

88

8

0

Cash

103

$1,000,000 - 2,499,999

0

0

40

1

0

385

20

0

Owner Finance

1

$2,500,000 - 4,999,999

0

0

0

0

0

75

4

0

All Other

4

$5,000,000 & Over

0

0

0

0

0

14

0

0

Unreported

0

Totals

24

284

356

195

0

3252

1199

1

Total

859

Grand Totals

859 4452
2009 2008 % Change
Total Sold Dollar Volume: $ 354,591,269 $ 351,771,293 0.80 %
Average Sold Price: $ 412,795 $ 458,036 - 9.88 %
Median Sold Price: $ 330,000 $ 350,000 - 5.71 %
Total Units Sold: 859 768 11.85 %
Average Days on Market: 83 101 - 17.82 %
Average List Price for Solds: $ 451,158 $ 501,629 - 10.06 %
Avg Sale Price as a
percentage of Avg List Price:
91.50 % 91.31 %
Total Number of NEW listings
taken for the month: 1442

Total Number of Properties
marked Contract for the month: 617
Total Number of Properties
marked Contingent for the month: 549

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 1166

If your interested in relocating and finding a home in Montgomery County, Maryland, please Contact The Mcintire Team of Long & Foster Real Estate.

Ellie McIntire

The McIntire Team

410-480-3398

410-750-8781(FX)

443-418-7668(cell)

E-mail: Ellie@LNF.com

http://www.EllieMcIntire.com

We redefine the essence of service

Posted Friday Oct 09