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Clarksburg 20871 Market Report

May 14, 2013 by

How’s the Clarksburg MD 20871 Real Estate Market?
The Clarksburg real estate market in zip code 20871 saw the following changes through the end of April – compared to last year at this time:
- average sold price as of the end of April 2013 was $419,299 compared to last year’s $361,106
- average days on market to sell a home decreased to 48 days at the end of April 2013 from 115 days in 2012
- average sold price sellers were getting increased significantly to 97.5% in 2013 from 94.1% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of April 2013, 33 single family homes, 24 town houses and 9 condos sold, with 8 short sales and no foreclosures in the 20871 zip code.
Many Clarksburg neighborhoods have been active, such as Clarksburg Village, Clarksburg Outside and Greenway Village (Arora Hills).
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold was a contemporary style home in Arora Hills (Greenway Village) for $730K in April.

You can see more details about home sales in our report on Clarksburg Property Values.

Are Sellers Getting Their Asking Price in Clarksburg?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 6 cash buyers (often investors) through April.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market was greatly lower at 48 days, compared to 115 days last year. You can see more market statistics in our Clarksburg Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Clarksburg home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20871 Real Estate, Clarksburg Real Estate, Market Updates, Montgomery County Real Estate

Germantown 20874 Market Report

May 14, 2013 by

How’s the Germantown MD 20874 Real Estate Market?
The Germantown real estate market in zip code 20874 saw the following changes as of April 2013, compared to last year at this time:
– average sold price as of the end of April 2013 was $278,381 compared to last year’s $260,596
– average days on market to sell a home decreased to 42 days in 2013 from 72 days in 2012
– average sold price sellers were getting increased to 97.3% in 2013 from 93.2% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of April, 41 single family homes, 100 townhouses and 69 condos sold, with 42 short sales and 2 foreclosure in the 20874 zip code.
Many Germantown neighborhoods have been active, such as Churchill Town Sector, Gunners Lake Village and Germantown Estates.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold was a colonial estate on over 5 acres, in Rive Gauche, for $2,050,000 in February.

You can see more details about home sales in our report on Germantown Property Values.

Are Sellers Getting Their Asking Price in Germantown?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 51 cash buyers (often investors) at the end of April.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market is 42 compared to 72 days last year. You can see more market statistics in our Germantown Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Germantown home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20874 Real Estate, Germantown Real Estate, Market Updates, Montgomery County Real Estate

Gaithersburg 20878 Market Report

May 14, 2013 by

How’s the Gaithersburg MD 20878 Real Estate Market?
The Gaithersburg real estate market in zip code 20878 saw the following changes at the end of April 2013 compared to last year at this time:
– average sold price was $478,777 compared to last year’s $443,114
– average days on market to sell a home was down to 61 days in 2013 from 76 days in 2012
– average sold price sellers were getting increased in 2013 to 97.7% from 95.2% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of April 2013, 95 single family, 66 town houses and 63 condos sold, with 18 short sales and 1 foreclosure in the 20878 zip code.
The Gaithersburg neighborhoods with the most activity have been in Diamond Farm, Kentlands and Lakelands.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that has been sold this year in 20878 was a newly built brick colonial on a 2-acre lot in Belvedere for $2.08M in March.

You can see more details about home sales in our report on Gaithersburg Property Values.

Are Sellers Getting Their Asking Price in Gaithersburg?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 36 cash buyers (often investors) in April.

How Long Is it Taking to Sell a Home?
Through April 2013, the average days on market was 61, compared to 76 days last year. You can see more market statistics in our Gaithersburg Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Gaithersburg home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.

Connect with the Author Bob Myers on Google+

Filed Under: 20878 Real Estate, Gaithersburg Real Estate, Market Updates, Montgomery County Real Estate, North Potomac Real Estate

Rockville 20850 Market Report

May 14, 2013 by

How’s the Rockville MD 20850 Real Estate Market?
As of the end of April 2013, the Rockville real estate market in zip code 20850 saw the following changes compared to last year at this time:
– average sold price at the end of April 2013 was $497,359 compared to last year’s $437,890
– average days on market to sell a home decreased to 44 days in 2013 from 66 days in 2012
– average sold price sellers were getting increased at the end of April – 97.8% in 2013 compared to 95.4% in April 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of April 2013, 58 single family, 45 town houses and 40 condos sold, with 9 short sales and no foreclosures in the 20850 zip code.
Many Rockville neighborhoods were active, such as Fallsgrove, King Farm, West End Park and Willows of Potomac.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold was a colonial in Willows of Potomac, in the Wootton Cluster, for $1.3 million in April.

You can see more details about home sales in our report on Rockville Property Values.

Are Sellers Getting Their Asking Price in Rockville?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 28 cash buyers (often investors) thru April.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market is 44, compared to 66 days last year. You can see more market statistics in our Rockville Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Rockville home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20850 Real Estate, Market Updates, Montgomery County Real Estate, Rockville Real Estate

Potomac 20854 Market Report

May 14, 2013 by

How’s the Potomac MD 20854 Real Estate Market?
The Potomac real estate market in zip code 20854 saw the following changes through April 2013, compared to last year at this time:
– average sold price as of the end of April 2013 was $1,108,212 compared to $887,073 in 2012
– average days on market to sell a home increased to 128 days at April’s end in 2013 from 100 days in 2012
– average sold price sellers were getting increased slightly to 94.1% in 2013 from 93.9% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of April 2013, 98 single family homes, 17 townhomes and 5 condos sold, with 5 short sales and no foreclosures in the 20854 zip code.
Many Potomac neighborhoods have been active, such as Avenel, Inverness Knolls and Potomac Outside.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold was a custom European style villa by Niroo Mansions in Falconhurst for $5 million in March.

You can see more details about home sales in our report on Potomac Property Values.

Are Sellers Getting Their Asking Price in Potomac?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. At April’s end, there had been 14 cash buyers (often investors) in Potomac.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market was 128 compared to 100 days at the end of April 2012. You can see more market statistics in our Potomac Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Potomac home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20854 Real Estate, Market Updates, Montgomery County Real Estate, Potomac Real Estate

U.S. News Best High Schools Report

May 2, 2013 by

Once again, Maryland High Schools rank among the top in the country! After reviewing 21,035 U.S. public high schools, U.S. News Best High Schools annual report came out at the end of April, ranking several Montgomery County Public High Schools as some of the best in the country.

First, lets start with the Maryland numbers. There are 24 districts in Maryland, with 241 high schools in the state. Out of the TOP 10 high schools in Maryland, 7 are in Montgomery County:

1. Winston Churchill in Potomac
2. Walt Whitman in Bethesda
3. Poolesville in Poolesville
4. T.S. Wootton in Rockville
5. Richard Montgomery in Rockville
6. Bethesda-Chevy Chase in Bethesda
10. Montgomery Blair in Silver Spring

Montgomery County is home to 30 high schools, serving over 45, 000 students. These county high schools all ranked above Maryland averages in College Readiness, and proficiency in Algebra and English. Schools are evaluated on overall student performance on state assessments, as well as Advanced Placement and International Baccalaureate exams that are also used to determine which schools prepare students for college-level work.
The Montgomery County school district also contains eight schools that received gold, silver or bronze medals in the U.S. News’s Best High School rankings.

Below is the Nationally Ranked List and take note, all of these schools have received the Gold Medal Award:

Churchill – #52 in the Nation,
Whitman – #59 in the Nation,
Poolesville – #99 in the Nation, #35 Magnet Rank
Wootton – #105 in the Nation
Richard Montgomery #106 in the Nation, #36 Magnet Rank
Bethesda-Chevy Chase #128 in the Nation,
Montgomery Blair – #247 in the Nation, #63 Magnet Rank
Montgomery_County_Public_Schools_logo
Academic excellence continues in Montgomery County!

Filed Under: 20814 Real Estate, 20815 Real Estate, 20816 Real Estate, 20817 Real Estate, 20850 Real Estate, 20852 Real Estate, 20853 Real Estate, 20854 Real Estate, 20855 Real Estate, 20871 Real Estate, 20874 Real Estate, 20876 Real Estate, 20878 Real Estate, 20879 Real Estate, Bethesda Real Estate, Chevy Chase Real Estate, Clarksburg Real Estate, Damascus Real Estate, Gaithersburg Real Estate, Gaithersburg Real Estate, Germantown Real Estate, Kensington Real Estate, Market Updates, Montgomery County Real Estate, Montgomery Village, North Potomac Real Estate, Olney Real Estate, Potomac Real Estate, Rockville Real Estate, Silver Spring Real Estate

Clarksburg 20871 Market Report

April 11, 2013 by

How’s the Clarksburg MD 20871 Real Estate Market?
The Clarksburg real estate market in zip code 20871 saw the following changes as of the end of the first quarter of 2013 – January and March – compared to last year at this time:
- average sold price as of the end of March 2013 was $423,480 compared to last year’s $360,702
- average days on market to sell a home decreased to 56 days at the end of March 2013 from 127 days in 2012
- average sold price sellers were getting increased significantly to 96.9% in 2013 from 92.6% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of March 2013, 25 single family homes, 17 town houses and 4 condos sold, with 8 short sales and no foreclosures in the 20871 zip code.
Many Clarksburg neighborhoods have been active, such as Clarksburg Village, Clarksburg Outside and Greenway Village.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold was a colonial style home in Clarksburg Village for $727K.

You can see more details about home sales in our report on Clarksburg Property Values.

Are Sellers Getting Their Asking Price in Clarksburg?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 2 cash buyers (often investors) through March.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market was greatly lower at 56 days, compared to 127 days last year. You can see more market statistics in our Clarksburg Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Clarksburg home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20871 Real Estate, Clarksburg Real Estate, Market Updates, Montgomery County Real Estate

Rockville 20850 Market Report

April 11, 2013 by

How’s the Rockville MD 20850 Real Estate Market?
As of the end of March 2013, the Rockville real estate market in zip code 20850 saw the following changes at the end of the first quarter of 2013 (January – March), compared to last year at this time:
– average sold price at the end of March 2013 was $472,543 compared to last year’s $434,450
– average days on market to sell a home decreased to 50 days in 2013 from 79 days in 2012
– average sold price sellers were getting increased at the end of March – 97% in 2013 compared to 95.2% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of March 2013, 29 single family, 27 town houses and 26 condos sold, with 7 short sales and no foreclosures in the 20850 zip code.
The Rockville neighborhoods with the most activity were in Fallsgrove, King Farm and Willows of Potomac.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold as of the end of March was a colonial in Piney Glen Village, in the Wootton Cluster, for $1.190 million.

You can see more details about home sales in our report on Rockville Property Values.

Are Sellers Getting Their Asking Price in Rockville?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 19 cash buyers (often investors) thru March.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market is 50, compared to 78 days last year. You can see more market statistics in our Rockville Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Rockville home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20850 Real Estate, Market Updates, Montgomery County Real Estate, Rockville Real Estate

Gaithersburg 20878 Market Report

April 11, 2013 by

How’s the Gaithersburg MD 20878 Real Estate Market?
The Gaithersburg real estate market in zip code 20878 saw the following changes at the end of the first quarter of 2013 – January and March – compared to last year at this time. As of the end of March:
– average sold price was $468,302 compared to last year’s $446,597
– average days on market to sell a home was down to 67 days in 2013 from 82 days in 2012
– average sold price sellers were getting increased in 2013 to 96.7% from 94.7% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of March 2013, 58 single family, 43 town houses and 46 condos sold, with 13 short sales and 1 foreclosure in the 20878 zip code.
The Gaithersburg neighborhoods with the most activity were in Diamond Farm, Kentlands and Lakelands.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

Through March 2013, the most expensive home that sold in 20878 was a newly built brick colonial on a 2-acre lot in Belvedere for $2.08M.

You can see more details about home sales in our report on Gaithersburg Property Values.

Are Sellers Getting Their Asking Price in Gaithersburg?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 24 cash buyers (often investors) in March.

How Long Is it Taking to Sell a Home?
Through March 2013, the average days on market was 67, compared to 82 days last year. You can see more market statistics in our Gaithersburg Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Gaithersburg home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.

Connect with the Author Bob Myers on Google+

Filed Under: 20878 Real Estate, Gaithersburg Real Estate, Gaithersburg Real Estate, Market Updates, Montgomery County Real Estate

Germantown 20874 Market Report

April 11, 2013 by

How’s the Germantown MD 20874 Real Estate Market?
The Germantown real estate market in zip code 20874 saw the following changes in the first quarter of 2013, January – March, compared to last year at this time:
– average sold price as of the end of March 2013 was $267,378 compared to last year’s $245,169
– average days on market to sell a home decreased to 48 days in 2013 from 78 days in 2012
– average sold price sellers were getting increased to 97.7% in 2013 from 92.6% in 2012

- market activity is summarized in the following chart:

What Has Sold?
As of the end of March 2013, 21 single family homes, 62 townhouses and 48 condos sold, with 30 short sales and one foreclosure in the 20874 zip code.
Many Germantown neighborhoods have been active, such as Churchill Town Sector, Gunners Lake Village and Germantown Estates.
Do you want to stay up to date on what homes are selling for in your neighborhood? Then sign up for our Market Snapshot Report.

The most expensive home that sold has sold was a colonial estate on over 5 acres, in Rive Gauche, for $2,050,000.

You can see more details about home sales in our report on Germantown Property Values.

Are Sellers Getting Their Asking Price in Germantown?
The chart below (mouse over for details) shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 40 cash buyers (often investors) at the end of March.

How Long Is it Taking to Sell a Home?
So far this year, the average days on market is 48 compared to 78 days last year. You can see more market statistics in our Germantown Real Estate Market Trends Report.

What is For Sale?
Click on the map below to start your Germantown home search, save your favorites, set up automatic emails, and receive alerts for properties that fit your criteria.

Call Bob Myers of Re/Max Realty Services at 301-910-9910 if you have any questions about the value of your home or the real estate market.
Connect with the Author Bob Myers on Google+

Filed Under: 20874 Real Estate, Germantown Real Estate, Market Updates, Montgomery County Real Estate, Uncategorized
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