Raw data for Montgomery County home sales in January. For the meaning behind the numbers, stay tuned – and be sure to SUBSCRIBE to this blog!

The stats are in for October.  Like pretty much every month lately, it’s good news and bad news.  Let’s start with the good stuff!
Sales volume is UP about 40% in Montgomery and Howard Counties.  So people *are* buying homes.  That’s the good news.
The question is: what are people buying?  It’s certainly NOT expensive homes.  There were a [...]

Here’s the raw data for Montgomery County for October. Analysis to follow!

Crunching the numbers in Howard County and Montgomery County, Maryland!

This is the raw data.

Googling for real estate fun and profit! Find nearly any foreclosure via Google, and then give us a call for a private showing. What could be easier?

Montgomery County saw sales volume up 22.9% with the median sales price down 13%. Could we be at the market’s bottom?

Volume up, sale price down. Average sold price down 13.54% from last year. Inventory is down a bit, but the effect could be mostly explained by seasonality.

Here’s the raw data from Montgomery County for June 2009. Sales are up 20.9% in volume, but prices remain soft, with an average sold price of 15.85% less than this time last year. New listings totaled 1,442 for the county as a whole, while 1,325 homes went under contract. There was a total of 5,172 active listings, with 1,099 sold in June, for an absorption rate of 21.2% of inventory absorbed in the month. For more insight, feel free to contact us!

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 [...]