How's the Real Estate Market in Rockville MD?
Rockville home sales saw the following changes in
February 2020 compared to last year at this time:
- average sold price was $493,588 compared to last year's $461,516
- average days on market to sell a home went to 41 days from 46 days
- average sold price sellers are getting changed to 98.6% from 96.5% .
Rockville market activity is summarized in the following chart (mouse over for details):
Rockville Homes Sold
Through February 2020 there were 60 single family homes, 30 townhouses and 22 condos sold. The most expensive single family was sold for $1,140,000 million in West End Park. The most expensive townhome sold for $720,000 in Georgetown Village. The most expensive condo sold for $528,000 in White Flint Station. There 14 cash buyers (mostly investors) or 12.5% of buyers.
The chart below shows average home price in Rockville by type.
Are Sellers Getting Their Asking Price in Rockville?
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 Rockville Property Value Report.
How Long is it Taking to Sell a Home?
In February 2020, the average days on market were 41 compared to 46 days the same time last year. You can see more market statistics in our Rockville Real Estate Market Trends 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 Rockville homes for sale, save your favorites and get updates:
