Poolesville Home Sales Report for May 2016

Montgomery County Real Estate

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How's the Real Estate Market in Poolesville MD?

Poolesville home sales saw the following changes in May 2016, compared to last year at this time:

Poolesville Home Sales

- average sold price was $378,931 compared to last year's $504,329

- average days on market to sell a home went to 47 days from 76 days

- average sold price sellers are getting changed from 95.2%  to 97.9%

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

Poolesville Homes Sold

Through May 2016 there were 19 single family homes, 7 townhouses and 0 condos sold. The most active neighborhoods are Summerhill and Wesmond. The most expensive house sold to date is a colonial in Poolesvile Town for $710,000.

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

Are Sellers Getting Their Asking Price in Poolesville?

The chart below shows the proportion of the original listing price a home seller is getting when they sell, taking into account price reductions. There were 5 cash buyers (often investors) 19% of the 26 buyers so far in 2016.  You can see more details in our Poolesville Property Value Report.

How Long is it Taking to Sell a Home?

So far in 2016, the average days on market was 52 compared to 83 days last year.

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 Poolesville homes for sale, save your favorites and get updates:

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