Rockville MD Market Report Zip Code 20852

At the end of January 2008 there were 123 condo/coop active listings and 47 residential properties in zip code 20852, including properties in the Grosvenor Park and Randolph Hills neighborhoods, as well as large condo buildings like The Gallery. Zip code 20852 also includes parts of North Bethesda.

There were 10 condo/coops that sold in January and 10 residential homes. The total dollar volume sold has gone down by 42% compared to January of 2007, with the average sold price up by 9.6%. The average number of days on market is 74 - slightly less than January 2007's average of 89.

Across Rockville, less than 10% of active listings or properties under contract were ‘short sales' - where the owner is selling for less than they owe on the property (with bank approval). Out of 616 properties for sale or under contract in all Rockville zip codes as of mid-February, 45 are short sales. In Zip 20852, there were 4 short sales either under contract or for sale in mid-February.

Click here to see more detail on home sales in Rockville MD neighborhoods on my website. If you don't see the neighborhood you are interested in, just give me a call at 301-910-9910.