Rockville Home Sales Report February 2017

Montgomery County Real Estate

Improve Your Real Estate IQ, Get our E-Course for Buyers Send It To Me!

How's the Real Estate Market in Rockville MD?

Rockville home sales saw the following changes in

February 2017 compared to last year at this time:

Rockville Home Sales

- average sold price was $480,201 compared to last year's $445,824

- average days on market to sell a home went to 61 days from 60 days

- average sold price sellers are getting changed from 96.6%  to 96.9%

Rockville market activity is summarized in the following chart (mouse over for details):

Rockville Homes Sold

Through February 2017 there were 86 single family homes, 24 townhouses and 51 condos sold. The most active neighborhoods include King Farm, Aspen Hill Park and Wheaton Woods. The most expensive home sold to date was a colonial on .5 acres in Old Georgetown Estates for $1,395,000.

  The chart below shows average home price in Rockville by type.

Are Sellers Getting Their Asking Price in Rockville?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 31 cash buyers (often investors) 19.25% of the 161 buyers so far in 2017.  You can see more details in our Rockville Property Value Report.

How Long is it Taking to Sell a Home?

So far in 2017, the average days on market was 61 compared to 60 days last year. You can see more market statistics in our Rockville Real Estate Market Trends Report.

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.  Search for Rockville homes for sale, save your favorites and get updates:

Curious about current market conditions in your neighborhood? Get our free custom report - - Click Here!