Germantown Home Sales Report February 2020

Germantown Real Estate

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How's the Real Estate Market in Germantown MD?

Germantown home sales saw the following changes in

February 2020 compared to last year at this time:

- average sold price was $318,735 compared to last year's $342,720

- average days on market to sell a home went to 40 days from 47 days

- average sold price sellers are getting changed to 97.9% from 96.7%

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

Germantown Homes Sold

Through February 2020 there were 12 single family homes, 36 townhouses and 28 condos sold.  The most expensive single family sold for $970,000 in Darnestown Outside.  The most expensive townhome sold for $495,818 in Century. The most expensive condo sold for $377,000 in Willow Cove. There were 8 cash buyers (mostly investors) or 10.5% of buyers.

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

Are Sellers Getting Their Asking Price in Germantown?

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 Germantown Property Value Report.

How Long is it Taking to Sell a Home?

In February 2020, the average days on market was 40 compared to 47 days the same time last year. You can see more market statistics in our Germantown 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 Germantown homes for sale, save your favorites and get updates:

$200,000
Single Family Home For Sale
Pending
2
BEDS
2
TOTAL BATHS
979
SQFT
Seneca Knolls Co #3-311
13109 Briarcliff Terrace 3-311
Germantown, MD 20874
New Listing - 4 weeks online
$205,000
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,132
SQFT
13684 Palmetto Circle
Germantown, MD 20874
Kingsview Ridge Subdivision
New Listing - a week online
$205,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,107
SQFT
Farmingdale Codm #2-302
18200 Swiss Circle 2-302
Germantown, MD 20874
$208,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,087
SQFT
Waters Edge North Lake #G
12208 Eagles Nest Court G
Germantown, MD 20874
New Listing - 2 weeks online
$208,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,066
SQFT
Esprit Codm #1
27 Pickering Court 1
Germantown, MD 20874
$210,000
Commercial For Sale
Active Under Contract
MONTGOMERY
COUNTY
19519 Doctors Drive
Germantown, MD 20874
 
Open House Sat, Mar 6, 2 PM UTC
Please verify times due to COVID-19
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,036
SQFT
Waters Edge Nort #A
12208 Eagles Nest Court A
Germantown, MD 20874
Price Change - 4 weeks ago
$212,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,076
SQFT
Farmingdale Codm #1-30
18239 Swiss Circle 1-30
Germantown, MD 20874
New Listing - 3 days online
$218,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,094
SQFT
Farmingdale Codm #103
18204 S Swiss Circle 103
Germantown, MD 20874
New Listing - 2 weeks online
$219,000
Single Family Home For Sale
Active
2
BEDS
2
TOTAL BATHS
1,036
SQFT
Waters Edge Nort #D
12212 Eagles Nest Court D
Germantown, MD 20874
Short Sale
$225,000
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,248
SQFT
18734 Ginger Court
Germantown, MD 20874
Germantown Park Subdivision
New Listing - 3 weeks online
$225,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,149
SQFT
Waters House Cod #13-221
13018 Shadyside Lane 13-221
Germantown, MD 20874
New Listing - 4 weeks online
$229,990
Townhouse For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,626
SQFT
Waverly Codm #6-A
13533 Deerwater Drive 6-A
Germantown, MD 20874
New Listing - a week online
$230,000
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,313
SQFT
Grnflds Of Brndrmill Cod #449
20034 Appledowre Circle 449
Germantown, MD 20876
Short Sale
$235,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,262
SQFT
Grnflds Of Brndr #57
11400 Appledowre Way 57
Germantown, MD 20876
New Listing - 4 weeks online
$239,500
Townhouse For Sale
Active Under Contract
3
BEDS
2
TOTAL BATHS
1,152
SQFT
Clopper Hills Co #2
13323 Rushing Water Way 2
Germantown, MD 20874
$239,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,189
SQFT
19951 Appledowre Circle
Germantown, MD 20876
Greenfields Subdivision
Short Sale
$240,000
Townhouse For Sale
Active Under Contract
3
BEDS
3
TOTAL BATHS
1,320
SQFT
13342 Bayberry Drive 6 #6
Germantown, MD 20874
Heritage Gate Subdivision
New Listing - a week online
$245,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,149
SQFT
Waters House Cod #74-5
20561 Shadyside Way 74-5
Germantown, MD 20874
$249,000
Commercial For Sale
Active
MONTGOMERY
COUNTY
Churchill Exec P #8-1
13216 Executive Park Terrace 8-1
Germantown, MD 20874

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