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Mary and Al Cardany

Montgomery County November Housing Statistics

GCAAR recently released the November housing statistics for single family homes which can be found here. See below to view a synopsis.

  • 661 homes were put on the market in the month of November
  • The majority of the homes were in the $200,000-$299,999 range with a total of 132 homes
  • 654 homes have gone to contract in the month of November
  • 552 homes settled (officially sold) in November
  • Of the homes which have settled the price range which had the highest total settlements was the 200,000-$299,999 range

Included in the monthly statistics are the up-to-date annual statistics. See below for what has occurred through November of 2010.

  • The highest number of homes that were actively listed for sale was in the month of September
  • The most homes that had ratified contracts occurred in the month of April, with March coming in at a close second.
  • The price range with the most active homes is the $200,000-$299,999 range
  • The average home price for 2010 is $492,719. This is a drop from 2007 when the average home price was $617,367
  • The median home price range in 2010 is $399,000

GCAAR releases these home statistics every month and they can be found here. Following home statitics can help you determine when a good time to list your home for sale will be. Timing is half the battle when attempting to sell you home!

Montgomery County Snow Plow Tracker

Montgomery County now offers a web site that documents where snow plows are active during snow storms. The web site can be found here.

Features of the web site:

· Link to check for current snow plow operations. The map breaks down the different places that have been plowed, where the snow plows are at the moment, in progress roads, etc. There is also the option to plug in your address to see where your home is located on the map and if your area has been plowed.

· Frequently asked questions

· Description of emergency routes

· An explanation about when the plowing begins

· A list of areas that are not plowed by the county and who to contact to see when they will be plowed

· Explains that if less than 3 inches of snow falls that MoCo only salts the roads

· An explanation of what the goals are for plowing the county and how soon they will be plowed

· Who to contact in case of an emergency

· Who to contact if a snow plow damages a residents mailbox

· The number of people involved in the plowing process: 200 employees with 175 pieces of equipment.

Thanks to MoCo for implementing this web site! It will be helpful if we get another snowstorm like last year’s!

Milestone Market Update

Many homes are on the market in Milestone – I’m sure you’ve seen the signs! Check out all the active listings and let us know if you have any questions about what’s going on in your neighborhood.
Address
12119 AMBER RIDGE CIR
Price
$271,800.00
12708 FOUND STONE RD #3-202 $230,000.00
21240 WATERCRESS CIR $350,000.00
12704 FOUND STONE RD #2-201 $239,700.00
12513 MILESTONE MANOR LN $555,000.00
12029 PANTHERS RIDGE DR $339,000.00
21214 WATERCRESS CIR $258,000.00
21302 APPENINE CT $587,000.00
21125 CAMOMILE CT #114 $330,000.00
12037 AMBER RIDGE CIR $305,900.00
12007 AMBER RIDGE CIR $324,900.00
12121 RED ADMIRAL WAY $559,000.00
21103 FUTURA CT $269,900.00

Milestone Active Home Listing Stats:

  • A total of 13 homes are listed for sale in Milestone.
  • Of the 13, 5 are single family homes, 2 are garden homes and 6 are townhomes.
  • The average home age is about 14 years.
  • The average amount of time each home has been on the market is 105 days.
  • The majority of the homes have 3 or more bedrooms with only 2 homes having 2 bedrooms.
  • All of the homes have 2 or more baths.
  • All but 4 homes have fireplaces.
  • The average listing price is $355,400.

When putting your home on the market a Comparative Market Analysis (CMA) is widely used to establish the list price of your home as it compares to other homes in your neighborhood. The above stats would be used by your realtor to compare your home to these listed and price your home. If you’d like us to prepare a CMA for you or someone you know, feel free to contact us at any time!

The Germantown Patch is Up and Running!

Have you heard of the Germantown Patch yet? The Germantown Patch is a web site offering information specifically on Germantown, MD. It focuses on local events, news, announcements, job listings, etc.

The Germantown Patch is a part of Patch.com which is a larger organization that states its mission to be: To improve the quality of life in underserved communities across the globe through access to trusted local news and information. According to their web site, ‘Patch is run by professional editors, writers, photographers and videographers who live in or near the communities we serve, and is supported by a great team in our New York City headquarters. Patch also gets advice from our Editorial Advisory Board and from many members of the community.’

So what types of articles are on the Germantown Patch web site? They have several headings including: News, which includes general topics such as Arts, Business, and Government; Events which includes Theater, Music and Sports; Directory including Health, Real Estate and Shopping; Marketplace which has a Classified section; Q&A which allows a forum for asking community relevant questions; and Volunteer which is a forum for posting volunteer opportunities.

Because the Germantown Patch is a locally run web site it depends on input from community residents. There are advertising opportunities, volunteer opportunities, links to send news tips, ability to advertise events, and a forum to make local announcements.

Check out the Germantown Patch! While we’ve had the Gazette for some time, it’s nice to have a news source locally run and specifically geared towards our community!

October Milestone HOA Meeting Minutes

Milestone in Germantown, MD HOA Notes. Full miniutes can be found here.

Pool management and maintenance was discussed concerning the neighborhood pools. A community member who is in property management commented on RSV who is currently managing the Milestone pools. The community member said that he thinks RSV is one of the best pool maintenance companies in the area. A different community member brought up the Milestone pool safety and recommended that the lifeguards be regularly tested for security measures. The committee voted to extend the pool maintenance contract with RSV Pools and it was approved. Purchasing Funbrellas was also voted on and passed 6-0 by the committee. Two Funbrellas will be installed in 2010 and will be 20 feet.

Pool parking lot seal coating was discussed. A proposal was brought to the committee which would seal the cracks and provide maintenance to other parts of the parking lot. The committee voted and the proposal was passed unanimously.

Two neighbor complaints were addressed. One neighbor emailed the committee with specific safety concerns. The committee decided that the concerns were beyond the control of the HOA and they agreed to email the neighbor to suggest alternative actions. The second neighbor requested that a certified letter fee be waived and it was agreed upon by the committee.

Landscaping was discussed and it was voted to complete some minimal maintenance needs within the community.