Gaithersburg Home Sales Report March 2020

Gaithersburg Real Estate

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How's the Real Estate Market in Gaithersburg MD?

Gaithersburg home sales saw the following changes in

March 2020 compared to last year at this time:

Gaithersburg Housing Market

- average sold price was $496.704 compared to last year's $457,401

- average days on market to sell a home went to 50 days from 25 days

- average sold price sellers are getting changed to 98.1% from 99.1%

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

Gaithersburg Homes Sold

Through March 2020 there were 50 single family homes, 45 townhouses and 27 condos sold.  There was 10 cash buyers (mostly investors) or 1.89% of buyers.

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

Are Sellers Getting Their Asking Price in Gaithersburg?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions.  You can see more details in our Gaithersburg Property Value Report.

How Long is it Taking to Sell a Home?

In March 2020, the average days on market was 50 compared to 25 days the same time last year. You can see more market statistics in our Gaithersburg Real Estate Trends Market 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 Gaithersburg homes for sale, save your favorites and get updates:

Short Sale
$205,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,164
SQFT
403 Christopher Avenue 19 #19
Gaithersburg, MD 20879
Hyde Park Subdivision
New Listing - 2 weeks online
$205,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,175
SQFT
Flower Hill Codm #302
18318 Streamside Drive 302
Gaithersburg, MD 20879
$209,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,126
SQFT
Summer Ridge Cod #103
7906 Pearlbush Drive 103
Gaithersburg, MD 20879
New Listing - 4 weeks online
$210,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,212
SQFT
10010 Stedwick Road 203 #203
Gaithersburg, MD 20886
Center Court Subdivision
$210,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,441
SQFT
Mills Choice Cod #1
19003 Mills Choice Road 1
Gaithersburg, MD 20886
$210,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,021
SQFT
Flower Hill Codm #301
8201 Whispering Oaks Way 301
Gaithersburg, MD 20879
Price Change - 3 weeks ago
$210,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
1,026
SQFT
Washington Tower #1205
9701 Fields Road 1205
Gaithersburg, MD 20878
New Listing - 2 weeks online
$212,500
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
964
SQFT
Park Summit Codm #6
501 Palmtree Drive 6
Gaithersburg, MD 20878
$220,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,402
SQFT
411 Christopher Avenue 72 (T1) #72 (T1)
Gaithersburg, MD 20879
Hyde Park Subdivision
New Listing - 3 weeks online
$222,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,212
SQFT
10000 Stedwick Road 204 #204
Gaithersburg, MD 20886
Center Court Subdivision
New Listing - 3 weeks online
$225,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,212
SQFT
10002 Stedwick Road 303 #303
Gaithersburg, MD 20886
Center Court Subdivision
$229,900
Townhouse For Sale
Pending
2
BEDS
1
TOTAL BATH
1,044
SQFT
10815 Badger Drive
Gaithersburg, MD 20879
Seneca Whetstone Subdivision
$230,000
Commercial For Sale
Active
MONTGOMERY
COUNTY
Fairview Bldg Co #301
438 N Frederick Avenue 301
Gaithersburg, MD 20877
New Listing - 3 weeks online
$230,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,083
SQFT
Willow Wood Codm #303
7911 Badenloch Way 303
Gaithersburg, MD 20879
$230,000
Condo For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,278
SQFT
Hyde Park Phase Iia #15
421 Christopher Avenue 15
Gaithersburg, MD 20879
$239,900
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
1,036
SQFT
Washington Tower #2007
9701 Fields Road 2007
Gaithersburg, MD 20878
New Listing - 6 days online
$239,900
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,260
SQFT
9687 Brassie Way
Gaithersburg, MD 20886
Thomas Choice West Subdivision
$249,900
Commercial For Sale
Active Under Contract
MONTGOMERY
COUNTY
Diamond Farm (Co #B
839 Quince Orchard Boulevard B
Gaithersburg, MD 20878
$250,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
2,038
SQFT
Newport Est Sec #120
14 Federal Court 120
Gaithersburg, MD 20877
$250,000
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,010
SQFT
10229 Ridgeline Drive
Gaithersburg, MD 20886
Clubside Subdivision

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