Montgomery County Real Estate Statistics, October 2009

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

Montgomery County, MD
From: 10/01/2009 to 10/31/2009 Statistics generated on: 11/09/2009

	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	2	1 -30 Days	453
$30,000-$39,000	0	0	0	0	0	0	31-60 Days	126
$40,000-$49,999	0	0	0	5	0	8	61 – 90 Days	98
$50,000-$59,999	0	0	0	4	0	8	91-120 Days	71
$60,000-$69,999	0	0	0	6	1	9	Over 120 Days	194
$70,000-$79,999	1	0	0	3	1	19	Total	942
$80,000-$89,999	0	0	0	6	2	35
$90,000-$99,999	0	0	0	6	6	26	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	0	3	0	9	22	69	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	2	7	1	16	43	78	Conventional	428
$140,000-$159,999	4	11	1	26	69	92	FHA	335
$160,000-$179,999	3	18	4	12	78	97	VA	29
$180,000-$199,999	2	22	2	10	111	92	Assumption	31
$200,000-$249,999	6	48	19	36	273	185	Cash	111
$250,000-$299,999	6	44	32	20	332	158	Owner Finance	0
$300,000-$399,999	5	69	74	38	579	172	All Other	8
$400,000-$499,999	3	29	67	15	397	54	Unreported	0
Over $500,000	3	39	193	12	1294	97	Total	942
Totals	35	290	393	224	3208	1201
Grand Totals	942				4409

	2009	2008	% Change
Total Sold Dollar Volume:	$ 402,644,818	$ 323,558,047	24.44 %
Average Sold Price:	$ 427,436	$ 477,224	- 10.43 %
Median Sold Price:	$ 330,000	$ 370,000	- 10.81 %
Total Units Sold:	942	678	38.94 %
Average Days on Market:	80	116	- 31.03 %
Average List Price for Solds:	$ 461,978	$ 523,261	- 11.71 %
Avg Sale Price as a percentage of Avg List Price:	92.52 %	91.20 %

Total Number of NEW listings
taken for the month:	1373
Total Number of Properties
marked Contract for the month:	576
Total Number of Properties
marked Contingent for the month:	675
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	1251

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