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Montgomery County Market Statistics, May 2009

Metropolitan Regional Information Systems, Inc.  Real Estate Trend Indicator – <$30K to >$500K Format

Montgomery County, MD
From: 05/01/2009 to 05/31/2009                Statistics generated on: 06/08/2009

  Residential
Unit Sales
Number of Bedrooms
Active Listings   Time on Market
Price Class 2
Or Less  
3 4
  or More  
Condo
Coop and
Ground Rent
Residential
  
Condo
Coop and
Ground Rent
of Units Sold
(No. of Units)
Under $30,000 0 0 0 0 0 5 1 -30 Days 351
$30,000-$39,000 0 0 0 0 0 0 31-60 Days 128
$40,000-$49,999 0 0 0 1 0 7 61 – 90 Days 70
$50,000-$59,999 0 0 0 2 0 6 91-120 Days 50
$60,000-$69,999 0 0 0 2 0 12 Over 120 Days 275
$70,000-$79,999 0 0 0 4 0 25 Total 874
$80,000-$89,999 0 0 0 2 3 26    
$90,000-$99,999 0 1 0 3 8 43 Type of Financing
of Units Sold
(No. of Units)
$100,000-$119,999 1 0 0 7 23 54
$120,000-$139,999 3 3 2 10 53 99 Conventional 421
$140,000-$159,999 3 10 0 12 67 102 FHA 275
$160,000-$179,999 1 15 6 10 110 128 VA 45
$180,000-$199,999 0 14 5 10 130 109 Assumption 27
$200,000-$249,999 8 36 22 24 344 208 Cash 94
$250,000-$299,999 0 41 24 28 427 148 Owner Finance 1
$300,000-$399,999 5 73 82 34 654 182 All Other 11
$400,000-$499,999 6 45 65 5 473 61 Unreported 0
Over $500,000 1 52 181 15 1745 104 Total 874
Totals 28 290 387 169 4037 1319    
Grand Totals 874 5356
    2009   2008   % Change
Total Sold Dollar Volume: $ 371,592,695 $ 381,131,679 - 2.50 %
Average Sold Price: $ 425,163 $ 506,151 - 16.00 %
Median Sold Price: $ 358,117 $ 410,000 - 12.65 %
Total Units Sold: 874 753 16.07 %
Average Days on Market: 105 103 1.94 %
Average List Price for Solds: $ 467,403 $ 547,957 - 14.70 %
Avg Sale Price as a percentage of Avg List Price: 90.96 % 92.37 %
Total Number of NEW listings
taken for the month: 1604
Total Number of Properties   
marked Contract for the month: 706
Total Number of Properties   
marked Contingent for the month: 644
Total Number of NEW pendings        
(CONTRACTS + CONTINGENTS): 1350

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

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