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:

Price Change - 4 weeks ago
$200,000
Townhouse For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,080
SQFT
9663 Brassie Way
Gaithersburg, MD 20886
THOMAS CHOICE WEST Subdivision
New Listing - 2 weeks online
$200,000
Condo For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,060
SQFT
407 Christopher Avenue 51 #51
Gaithersburg, MD 20879
HYDE PARK Subdivision
New Listing - 2 weeks online
$215,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,176
SQFT
Flower Hill Codm #302
18304 Streamside Drive 302
Gaithersburg, MD 20879
$218,500
Townhouse For Sale
Active Under Contract
2
BED
1
TOTAL BATHS
1,080
SQFT
33 Brassie Court
Gaithersburg, MD 20886
THOMAS CHOICE WEST Subdivision
$225,000
Townhouse For Sale
Active
2
BED
1
TOTAL BATHS
960
SQFT
9709 Docena Drive 1 #1
Gaithersburg, MD 20886
NATHANS HILL - MONTG VLL Subdivision
New Listing - a week online
$230,000
Townhouse For Sale
Active Under Contract
2
BED
3
TOTAL BATHS
1,018
SQFT
9537 Treyford Terrace
Gaithersburg, MD 20886
WALKERS RIDGE-MONTG VILL Subdivision
New Listing - 2 weeks online
$234,900
Townhouse For Sale
Active
2
BED
2
TOTAL BATHS
1,044
SQFT
10821 Badger Drive
Gaithersburg, MD 20879
SENECA WHETSTONE Subdivision
New Listing - a week online
$234,900
Townhouse For Sale
Active
4
BED
3
TOTAL BATHS
1,083
SQFT
9206 Chadburn Place
Gaithersburg, MD 20886
MCRORY - MONTG VILL Subdivision
$235,000
Townhouse For Sale
Active
4
BED
3
TOTAL BATHS
1,286
SQFT
Address Withheld
Gaithersburg, MD 20877
NEWPORT EST SEC 2 CODM Subdivision
$237,200
Commercial For Sale
Active
MONTGOMERY-MD
COUNTY
438 Frederick Avenue N 210 #210
Gaithersburg, MD 20877
 
New Listing - 2 weeks online
$239,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,365
SQFT
40 Michael Court 26 #26
Gaithersburg, MD 20877
NEWPORT ESTATES Subdivision
New Listing - 4 weeks online
$239,900
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,410
SQFT
18604 Walkers Choice Road 4 #4
Gaithersburg, MD 20886
NORMANDIE ON THE LAKE I Subdivision
$239,900
Condo For Sale
Active
2
BED
1
TOTAL BATHS
1,026
SQFT
Washington Tower #405
9701 Fields Road 405
Gaithersburg, MD 20878
New Listing - 3 weeks online
$249,900
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,286
SQFT
Newport Est Sec #137
16 Benji Court 137
Gaithersburg, MD 20877
New Listing - 2 weeks online
$249,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATHS
963
SQFT
The Colonnade Co #364
8 Granite Place 364
Gaithersburg, MD 20878
$260,000
Condo For Sale
Active
3
BED
2
TOTAL BATHS
1,422
SQFT
411 Christopher Avenue 83 #83
Gaithersburg, MD 20879
HYDE PARK Subdivision
New Listing - a week online
$265,000
Townhouse For Sale
Active Under Contract
3
BED
2
TOTAL BATHS
960
SQFT
20519 Sterncroft Court
Gaithersburg, MD 20879
ESSEX PLACE Subdivision
Price Change - 4 weeks ago
$265,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,365
SQFT
40 Federal Court
Gaithersburg, MD 20877
NEWPORT ESTATES Subdivision
Open House Sun, Dec 6, 1 PM UTC
Please verify times due to COVID-19
$269,900
Townhouse For Sale
Active Under Contract
3
BED
3
TOTAL BATHS
1,020
SQFT
9521 Dunbrook Court
Gaithersburg, MD 20886
ESSEX PLACE Subdivision
Short Sale
$270,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
1,360
SQFT
423 Sternwheeler Court
Gaithersburg, MD 20877
AUDUBON SQUARE Subdivision

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