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 - 4 days online
$209,999
Condo For Sale
Active
1
BED
1
TOTAL BATH
767
SQFT
13502 Derry Glen Court 301 #301
Germantown, MD 20874
The Ashmore Subdivision
New Listing - 2 weeks online
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,087
SQFT
12220 Eagles Nest Court G #G
Germantown, MD 20874
Gunners Lake Subdivision
New Listing - 3 weeks online
$210,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
868
SQFT
Farmingdale Codm #1-35
18239 Swiss Circle 1-35
Germantown, MD 20874
New Listing - 2 weeks online
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,073
SQFT
Seneca Knolls Co #11-1104
13105 Briarcliff Terrace 11-1104
Germantown, MD 20874
New Listing - 2 weeks online
$210,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,094
SQFT
Farmingdale Codm #7-103
18140 Chalet Drive 7-103
Germantown, MD 20874
New Listing - 2 weeks online
$215,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,054
SQFT
18708 Caledonia Court E #E
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision
Short Sale
$215,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,418
SQFT
Esprit Codm #201
20307 Beaconfield Terrace 201
Germantown, MD 20874
$215,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,036
SQFT
Waters Edge Nort #D
12212 Eagles Nest Court D
Germantown, MD 20874
New Listing - 4 weeks online
$216,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,149
SQFT
Farmingdale Codm #20-201
13120 Wonderland Way 20-201
Germantown, MD 20874
$217,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,107
SQFT
Farmingdale Codm #5-203
13207 Chalet Place 5-203
Germantown, MD 20874
Short Sale
$220,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,183
SQFT
Fountain Hills C #14202
13401 Fountain Club Drive 14202
Germantown, MD 20874
$220,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,049
SQFT
Farmingdale Codm #28-104
18011 Chalet Drive 28-104
Germantown, MD 20874
New Listing - 6 days online
$220,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,054
SQFT
18712 Caledonia Court M #M
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision
New Listing - a week online
$220,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,066
SQFT
Esprit Codm #2
39 Pickering Court 2
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
$225,000
Condo For Sale
Pending
2
BEDS
1
TOTAL BATH
983
SQFT
19619 Galway Bay Circle 304 #304
Germantown, MD 20874
The Ashmore Subdivision
New Listing - 2 weeks online
$225,000
Townhouse For Sale
Pending
3
BEDS
2
TOTAL BATHS
1,161
SQFT
Vistas At Milest #226
13020 Vaden Terrace 226
Germantown, MD 20876
New Listing - 4 weeks online
$225,000
Townhouse For Sale
Active
2
BEDS
2
TOTAL BATHS
1,094
SQFT
Esprit Codm #1
20319 Beaconfield Terrace 1
Germantown, MD 20874
New Listing - 2 weeks online
$229,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,269
SQFT
Villas Willow Co #65
13231 Meander Cove Drive 65
Germantown, MD 20874
New Listing - 4 days online
$230,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,040
SQFT
Astoria Hill Cod #C
13203 Astoria Hill Court C
Germantown, MD 20874

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