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:

New Listing - 2 weeks online
$200,000
Condo For Sale
Pending
2
BEDS
1
TOTAL BATH
1,320
SQFT
Heritage Gate #47
13214 Bayberry Drive 47
Germantown, MD 20874
Short Sale
$205,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,154
SQFT
19617 Galway Bay Circle 301 #301
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
$209,900
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATH
805
SQFT
13506 Derry Glen Court 304 #304
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
New Listing - 2 weeks online
$210,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,075
SQFT
Esprit #101
31 Pickering Court 101
Germantown, MD 20874
Price Change - 4 weeks ago
$210,000
Condo For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
1,123
SQFT
Heritage Green C #302
13143 Dairymaid Drive 302
Germantown, MD 20874
Price Change - 3 weeks ago
$224,990
Condo For Sale
Active Under Contract
2
BEDS
1
TOTAL BATH
968
SQFT
Amber Ridge Co #B-201
12004 Amber Ridge Circle B-201
Germantown, MD 20876
New Listing - 2 weeks online
$225,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,149
SQFT
Farmingdale Codm #24-304
18131 Chalet Drive 24-304
Germantown, MD 20874
$225,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,307
SQFT
19953 Appledowre Cir 108 #108
Germantown, MD 20876
Brandermill Subdivision
$225,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,110
SQFT
Esprit Codm #1
20329 Beaconfield Terrace 1
Germantown, MD 20874
Price Change - 2 weeks ago
$234,990
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,107
SQFT
Farmingdale Codm #6-302
13205 Chalet Place 6-302
Germantown, MD 20874
$238,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,110
SQFT
Esprit #02
7 Pickering Court 02
Germantown, MD 20874
$239,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,040
SQFT
13201 Astoria Hill Ct D #D
Germantown, MD 20874
Astoria Hill Subdivision
New Listing - a week online
$239,900
Townhouse For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,242
SQFT
19910 Gateshead Circle
Germantown, MD 20876
Scenery Pointe Codm Subdivision
New Listing - 3 weeks online
$249,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,027
SQFT
Fountain Hills Codm #1-A
18825 Sparkling Water Drive 1-A
Germantown, MD 20874
New Listing - 2 weeks online
$250,000
Townhouse For Sale
Pending
2
BEDS
1
TOTAL BATH
912
SQFT
18505 Nutmeg Place
Germantown, MD 20874
Germantown Park Subdivision
$255,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
984
SQFT
19609 Galway Bay Circle 402 #402
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
$259,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,500
SQFT
Churchill View C #12
12900 Churchill Ridge Circle 12
Germantown, MD 20874
New Listing - 2 weeks online
$270,000
Townhouse For Sale
Pending
3
BEDS
3
TOTAL BATHS
1,255
SQFT
20030 Appledowre Circle 447 #447
Germantown, MD 20876
Greenfields Subdivision
$275,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,196
SQFT
20408 Shore Harbour Drive 5-F #5-F
Germantown, MD 20874
South Shore Harbour Codm Subdivision
New Listing - 3 hours online
$279,900
Commercial For Sale
Active
MONTGOMERY
COUNTY
19509 Doctors Drive 19509 #19509
Germantown, MD 20874
 

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