Germantown Home Sales Report March 2020

Germantown Real Estate

Improve Your Real Estate IQ, Get our Newsletter for Buyers & Sellers Send It To Me!

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 - 5 days online
$200,000
Townhouse For Sale
Active
2
BEDS
1
TOTAL BATH
1,148
SQFT
13200 Bayberry Drive 40 #40
Germantown, MD 20874
Heritage Gate Subdivision
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
$206,900
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,075
SQFT
Esprit Codm #1
1 Pickering Court 1
Germantown, MD 20874
New Listing - 3 weeks online
$210,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,062
SQFT
Farmingdale Codm #8-301
18130 Chalet 8-301
Germantown, MD 20874
New Listing - 4 weeks online
$210,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
972
SQFT
20205 Shipley Terrace 1-C-102 #1-C-102
Germantown, MD 20874
Lakeview Subdivision
New Listing - 4 weeks online
$210,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,218
SQFT
Heritage Green #304
13145 Dairymaid Drive 304
Germantown, MD 20874
$215,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,036
SQFT
18700 Caledonia Court A #A
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision
New Listing - 2 weeks online
$215,000
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,107
SQFT
Farmingdale Codm #15-203
18040 Chalet Drive 15-203
Germantown, MD 20874
$219,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,049
SQFT
Farmingdale Codm #22-104
13128 Wonderland Way 22-104
Germantown, MD 20874
New Listing - 3 weeks online
$219,900
Condo For Sale
Active Under Contract
2
BEDS
2
TOTAL BATHS
1,054
SQFT
12201 Eagles Nest H #H
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision
New Listing - 2 weeks online
$219,900
Condo For Sale
Active
3
BEDS
2
TOTAL BATHS
1,272
SQFT
Heritage Green C #302
13139 Dairymaid Drive 302
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
Price Change - 3 weeks ago
$220,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
863
SQFT
Lakeview Codm #2-B-201
20217 Shipley Terrace 2-B-201
Germantown, MD 20874
New Listing - 2 days online
$220,000
Condo For Sale
Pending
3
BEDS
2
TOTAL BATHS
972
SQFT
Lakeview Codm #4-B-102
20241 Shipley Terrace 4-B-102
Germantown, MD 20874
New Listing - a week online
$221,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,075
SQFT
Esprit Codm #2
15 Pickering Court 2
Germantown, MD 20874
$225,000
Condo For Sale
Active
2
BEDS
1
TOTAL BATH
857
SQFT
13504 Derry Glen Court 202 #202
Germantown, MD 20874
Ashmore @ Germantown Cod Subdivision
New Listing - 3 weeks online
$225,000
Condo For Sale
Pending
2
BEDS
2
TOTAL BATHS
1,092
SQFT
Esprit Codm #2
31 Pickering Court 2
Germantown, MD 20874
New Listing - 5 days online
$225,000
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,307
SQFT
19953 Appledowre
Germantown, MD 20876
Brandermill Subdivision
New Listing - 3 weeks online
$228,500
Condo For Sale
Pending
2
BEDS
3
TOTAL BATHS
1,064
SQFT
Farmingdale Codm #4
18203 Chalet Drive 4
Germantown, MD 20874
New Listing - 2 weeks online
$229,900
Condo For Sale
Active
2
BEDS
2
TOTAL BATHS
1,036
SQFT
12200 Eagles Nest B #B
Germantown, MD 20874
Waters Edge North Lake Condominium Subdivision

Curious about current market conditions in your neighborhood? Get our free custom report - - Click Here!