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:

$200,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,441
SQFT
Mills Choice Cod #1
19003 Mills Choice Road 1
Gaithersburg, MD 20886
$205,000
Townhouse For Sale
Active
2
BEDS
2
TOTAL BATHS
950
SQFT
8614 Welbeck Way
Gaithersburg, MD 20886
Mcconkey Subdivision
New Listing - 2 weeks online
$205,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,027
SQFT
Flower Hill Codm #204
18318 Streamside Drive 204
Gaithersburg, MD 20879
New Listing - 3 weeks online
$205,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
980
SQFT
Summer Ridge Cod #103
18500 Sweet Autumn Drive 103
Gaithersburg, MD 20879
New Listing - 2 weeks online
$209,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
952
SQFT
Willow Wood Codm #304
7900 Coriander Drive 304
Gaithersburg, MD 20879
$209,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,212
SQFT
10002 Stedwick Road 204 #204
Gaithersburg, MD 20886
Center Court Subdivision
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,134
SQFT
Normandie Lake 1 #2
9912 Walker House Road 2
Gaithersburg, MD 20886
New Listing - 2 weeks online
$219,900
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,545
SQFT
419 Christopher Avenue 140 #140
Gaithersburg, MD 20879
Hyde Park Subdivision
New Listing - 2 weeks online
$225,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,156
SQFT
407 Christopher Avenue T-2 #T-2
Gaithersburg, MD 20879
Hyde Park Subdivision
$230,000
Commercial For Sale
Pending
MONTGOMERY
COUNTY
Fairview Bldg Co #301
438 N Frederick Avenue 301
Gaithersburg, MD 20877
New Listing - 4 weeks online
$235,000
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,050
SQFT
10275 Ridgeline Drive
Gaithersburg, MD 20886
Montgomery Village Subdivision
$239,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,161
SQFT
Park Place Codm #301
9710 Leatherfern Terrace 301
Gaithersburg, MD 20886
Price Change - 2 weeks ago
$239,900
Townhouse For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
1,068
SQFT
1 Docena Court
Gaithersburg, MD 20886
Nathans Hill - Montg Vil Subdivision
New Listing - 2 weeks online
$249,900
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,370
SQFT
19665 Club Lake Road
Gaithersburg, MD 20886
Club Hill Subdivision
$249,900
Townhouse For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,369
SQFT
50 Windbrooke Circle
Gaithersburg, MD 20879
Windbrooke Codm Subdivision
$249,900
Townhouse For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
1,286
SQFT
Newport Est Sec #105
76 State Court 105
Gaithersburg, MD 20877
New Listing - a week online
$249,900
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,372
SQFT
9445 Horizon Run Road 8-B #8-B
Gaithersburg, MD 20886
Horizon Run Subdivision
New Listing - 4 weeks online
$257,500
Townhouse For Sale
Active
5
BEDS
2
TOTAL BATHS
1,029
SQFT
Newport Est Sec #251
4 Anna Court 251
Gaithersburg, MD 20877
New Listing - 2 weeks online
$258,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,297
SQFT
112 Windbrooke Circle
Gaithersburg, MD 20879
Windbrooke Codm Subdivision
New Listing - 4 weeks online
$259,000
Townhouse For Sale
Active
3
BEDS
2
TOTAL BATHS
1,029
SQFT
Newport Est Sec #175
36 Nina Court 175
Gaithersburg, MD 20877

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