Germantown Home Sales Report March 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

March 2020 compared to last year at this time:

Germantown Housing Market

- average sold price was $355.039 compared to last year's $324,586

- average days on market to sell a home went to 34 days from 38 days

- average sold price sellers are getting changed to 99.3% from 97.9%

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

Germantown Homes Sold

Through March 2020 there were 21 single family homes, 49 townhouses and 25 condos sold. There were 9 cash buyers (mostly investors) or 9.47% 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 March 2020, the average days on market was 34 compared to 38 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 weeks online
$200,000
Condo For Sale
Pending
1
BED
1
TOTAL BATH
767
SQFT
19623 Galway Bay Circle 402 #402
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
New Listing - 2 weeks online
$200,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
968
SQFT
The Knolls At N #906-F
12301 Silvergate Way 906-F
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
Pending
2
BEDS
2
TOTAL BATHS
868
SQFT
Farmingdale Codm #1-35
18239 Swiss Circle 1-35
Germantown, MD 20874
New Listing - 5 days online
$210,000
Townhouse For Sale
Active
3
BEDS
2
TOTAL BATHS
1,120
SQFT
13335 Demetrias Way
Germantown, MD 20874
Churchill Town Subdivision
New Listing - 4 weeks online
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,048
SQFT
Seneca Knolls Co #803
13100 Briarcliff Terrace 803
Germantown, MD 20874
Short Sale
$215,000
Condo For Sale
Pending
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
1,054
SQFT
18708 Caledonia Court E #E
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision
New Listing - 7 days online
$215,000
Condo For Sale
Active Under Contract
1
BED
1
TOTAL BATH
839
SQFT
19627 Galway Bay Circle 303 #303
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
New Listing - 4 weeks online
$218,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,036
SQFT
12208 Eagles Nest Court C #C
Germantown, MD 20874
Waters Edge N Lk Subdivision
New Listing - 4 weeks online
$219,500
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,132
SQFT
Farmingdale Codm #14-159
13109 Wonderland Way 14-159
Germantown, MD 20874
Price Change - 4 weeks ago
$219,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,269
SQFT
Villas Willow Co #65
13231 Meander Cove Drive 65
Germantown, MD 20874
New Listing - 4 weeks online
$219,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,066
SQFT
Esprit Codm #2
20329 Beaconfield Terrace 2
Germantown, MD 20874
New Listing - 3 weeks online
$220,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,076
SQFT
Farmingdale Codm #10
18230 Swiss Circle 10
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
New Listing - 5 days online
$220,000
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
972
SQFT
Lakeview Codm #3-B-201
20229 Shipley Terrace 3-B-201
Germantown, MD 20874
$225,000
Condo For Sale
Pending
1
BED
1
TOTAL BATH
861
SQFT
19603 Galway Bay Circle 202 #202
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
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
Active Under Contract
1
BED
1
TOTAL BATH
861
SQFT
19601 Galway Bay Circle 203 #203
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
$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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