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:

New Listing - 2 weeks online
$200,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
952
SQFT
Willow Wood Codm #301
7902 Coriander Drive 301
Gaithersburg, MD 20879
New Listing - 4 weeks online
$205,000
Commercial For Sale
Active
MONTGOMERY
COUNTY
610 Professional Drive 225 #225
Gaithersburg, MD 20879
 
New Listing - 3 days online
$205,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
980
SQFT
18424 Guildberry Drive 201 #201
Gaithersburg, MD 20879
Summer Ridge Codm Subdivision
New Listing - 6 days online
$210,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,164
SQFT
435 Christopher Avenue 104 - Apt. #13 #104 - APT. #13
Gaithersburg, MD 20879
Village Overlook Subdivision
Short Sale
$219,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,028
SQFT
Flower Hill Codm #201
18300 Streamside Drive 201
Gaithersburg, MD 20879
$229,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,164
SQFT
401 Christopher Avenue 11 #11
Gaithersburg, MD 20879
Hyde Park Subdivision
Foreclosure
$235,000
Townhouse For Sale
Active Under Contract
2
BEDS
3
TOTAL BATHS
1,019
SQFT
Newport Est Sec #138
2 Benji Court 138
Gaithersburg, MD 20877
$249,900
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,625
SQFT
696 West Side Drive 3-E #3-E
Gaithersburg, MD 20878
Brighton West Subdivision
$284,999
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
900
SQFT
Washingtonian Wo #403
915 Hillside Lake Terrace 403
Gaithersburg, MD 20878
Short Sale
$289,000
Townhouse For Sale
Pending
3
BEDS
4
TOTAL BATHS
1,360
SQFT
1931 Windjammer Way
Gaithersburg, MD 20879
Woodland Hills Subdivision
New Listing - 6 days online
$295,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,310
SQFT
8717 Welbeck
Gaithersburg, MD 20886
Mcconkey Subdivision
$299,000
Townhouse For Sale
Active Under Contract
4
BEDS
3
TOTAL BATHS
1,286
SQFT
52 Benji Court 147 #147
Gaithersburg, MD 20877
Newport Estates Subdivision
$299,500
Commercial For Sale
Active
0.06
ACRES
MONTGOMERY
COUNTY
9007 Shady Grove Court 30b #30B
Gaithersburg, MD 20877
Shady Grove Prof Subdivision
New Listing - a week online
$299,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,217
SQFT
Copperfield Crossing Ii #302
400 Kentlands Boulevard 302
Gaithersburg, MD 20878
$305,000
Single Family Home For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,768
SQFT
111 James Street
Gaithersburg, MD 20877
Observatory Heights Subdivision
$305,000
Townhouse For Sale
Active
4
BEDS
3
TOTAL BATHS
1,782
SQFT
Stratford Mews C #9
535 W Diamond Avenue 9
Gaithersburg, MD 20877
New Listing - a week online
$309,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,423
SQFT
538 W Deer Park Road 538 #538
Gaithersburg, MD 20877
Cedar Village Subdivision
$315,000
Commercial For Sale
Active
MONTGOMERY
COUNTY
16077 Comprint Circle
Gaithersburg, MD 20877
None Available Subdivision
Price Change - 4 weeks ago
$325,000
Townhouse For Sale
Active
3
BEDS
3
TOTAL BATHS
1,386
SQFT
Brighton East Co #17-E
498 W Deer Park Road 17-E
Gaithersburg, MD 20877
$335,000
Townhouse For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,410
SQFT
18630 Cross Country Lane
Gaithersburg, MD 20879
Meadowvale Subdivision

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