Montgomery County Real Estate Statistics, September 2009

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

Montgomery County, MD
From: 09/01/2009 to 09/30/2009 Statistics generated on: 10/07/2009

	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	1	0	1	1 -30 Days	371
$30,000-$39,000	0	0	0	0	0	0	31-60 Days	139
$40,000-$49,999	0	0	0	2	0	9	61 – 90 Days	99
$50,000-$59,999	0	0	0	1	0	7	91-120 Days	69
$60,000-$69,999	0	1	0	6	0	11	Over 120 Days	181
$70,000-$79,999	0	0	0	1	1	21	Total	859
$80,000-$89,999	0	0	0	4	1	35
$90,000-$99,999	0	0	0	4	6	29	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	1	8	0	14	18	60	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	2	8	2	9	43	74	Conventional	404
$140,000-$159,999	0	6	0	16	60	89	FHA	284
$160,000-$179,999	2	14	3	11	94	93	VA	34
$180,000-$199,999	5	16	5	17	112	96	Assumption	29
$200,000-$249,999	6	41	27	29	272	194	Cash	103
$250,000-$299,999	2	50	25	25	337	154	Owner Finance	1
$300,000-$399,999	4	71	75	38	576	178	All Other	4
$400,000-$499,999	2	27	58	8	399	58	Unreported	0
Over $500,000	0	42	161	9	1333	91	Total	859
Totals	24	284	356	195	3252	1200
Grand Totals	859				4452

	2009	2008	% Change
Total Sold Dollar Volume:	$ 354,591,269	$ 351,771,293	0.80 %
Average Sold Price:	$ 412,795	$ 458,036	- 9.88 %
Median Sold Price:	$ 330,000	$ 350,000	- 5.71 %
Total Units Sold:	859	768	11.85 %
Average Days on Market:	83	101	- 17.82 %
Average List Price for Solds:	$ 451,158	$ 501,629	- 10.06 %
Avg Sale Price as a percentage of Avg List Price:	91.50 %	91.31 %

Total Number of NEW listings
taken for the month:	1442
Total Number of Properties
marked Contract for the month:	617
Total Number of Properties
marked Contingent for the month:	549
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	1166

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