Montgomery County Real Estate Sales, January 2010

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

Montgomery County, MD
From: 01/01/2010 to 01/31/2010 Statistics generated on: 02/09/2010

	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	1	1 -30 Days	265
$30,000-$39,000	0	0	0	0	0	1	31-60 Days	118
$40,000-$49,999	0	0	0	1	1	7	61 – 90 Days	55
$50,000-$59,999	0	0	0	5	0	4	91-120 Days	33
$60,000-$69,999	0	0	0	1	1	11	Over 120 Days	105
$70,000-$79,999	0	0	0	4	2	28	Total	576
$80,000-$89,999	0	0	0	4	0	34
$90,000-$99,999	0	2	0	5	3	46	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	0	4	3	9	18	65	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	3	6	2	7	40	73	Conventional	258
$140,000-$159,999	4	10	1	19	63	78	FHA	174
$160,000-$179,999	1	8	5	7	78	92	VA	12
$180,000-$199,999	3	17	0	9	108	88	Assumption	16
$200,000-$249,999	4	33	13	12	273	152	Cash	108
$250,000-$299,999	4	24	20	14	297	131	Owner Finance	0
$300,000-$399,999	2	47	44	18	557	143	All Other	8
$400,000-$499,999	0	17	30	11	320	50	Unreported	0
Over $500,000	4	26	101	12	968	80	Total	576
Totals	25	194	219	138	2729	1084
Grand Totals	576				3813

	2010	2009	% Change
Total Sold Dollar Volume:	$ 232,198,094	$ 163,251,892	42.23 %
Average Sold Price:	$ 403,122	$ 421,840	- 4.44 %
Median Sold Price:	$ 326,250	$ 319,000	2.27 %
Total Units Sold:	576	387	48.84 %
Average Days on Market:	75	120	- 37.50 %
Average List Price for Solds:	$ 435,640	$ 475,064	- 8.30 %
Avg Sale Price as a percentage of Avg List Price:	92.54 %	88.80 %

Total Number of NEW listings
taken for the month:	1232
Total Number of Properties
marked Contract for the month:	434
Total Number of Properties
marked Contingent for the month:	558
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	992

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2010 – Information deemed reliable, but is not guaranteed.