Poolesville Home Sales Report July 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 July 2016, compared to last year at this time:

Poolesville Home Sales

- average sold price was $402,702 compared to last year's $488,491

- average days on market to sell a home went to 50 days from 61 days

- average sold price sellers are getting changed from 96.0%  to 97.9%

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

Poolesville Homes Sold

Through July 2016 there were 39 single family homes, 10 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 6 cash buyers (often investors) 12.2% of the 49 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 50 compared to 61 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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