Market report, updated

Market Report

Search in the subdivision of Shady Grove Village

Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 99.8% of list price in 19 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $505K Sold · $505K
$570K$520K$470K$420K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Mar. Last month: 2.

Where the market stands

All homes in this report, by status.

12homes
Active5 · 42%
Sold (6 mo)7 · 58%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$451K
Sold$501K

Average days on market

Active47 days
Sold19 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 5
Average list price $450,760
Avg. days on market 47 days
Avg. price per ft² $328
Avg. living area 1,409 ft²
Avg. beds / baths 3.2 / 3.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 5 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 5 homes in this status.

17 County Court Unit 15-9$395
120 Gold Kettle Dr$389
40 Hibiscus Ct Unit 14-10$359
4 Prairie Rose Ln Unit 12-2$259
30 Hibiscus Court Unit 14$239

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4 Prairie Rose Ln Unit 12-2Gaithersburg, MD 20878 331,617$419,900$25957 days
40 Hibiscus Ct Unit 14-10Gaithersburg, MD 20878 341,253$450,000$35925 days
17 County Court Unit 15-9Gaithersburg, MD 20878 341,226$485,000$39540 days
120 Gold Kettle DrGaithersburg, MD 20878 441,280$499,000$38979 days
30 Hibiscus Court Unit 14Gaithersburg, MD 20878 341,672$399,900$23936 days
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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