Market report, updated

Market Report

Search in the subdivision of Parklands At Watkins Mill

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

Market at a glance

Over the last 6 months, homes sold for 97.6% of list price in 33 days on average.

Average price, last 12 months

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

List · $615K Sold · $591K
$1.6M$1.2M$800K$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

9homes
Active4 · 44%
Sold (6 mo)5 · 56%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$522K
Sold$610K

Average days on market

Active86 days
Sold33 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 4
Average list price $521,975
Avg. days on market 86 days
Avg. price per ft² $254
Avg. living area 2,124 ft²
Avg. beds / baths 3.0 / 3.0

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: 4 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 4 homes in this status.

364 Urban Ave Unit 364$287
317 Community Center Ave$281
232 Urban Ave Unit 232$267
207 Community Center Ave Unit 207$182

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
232 Urban Ave Unit 232Gaithersburg, MD 20878 331,868$499,000$26749 days
364 Urban Ave Unit 364Gaithersburg, MD 20878 331,868$536,900$28783 days
317 Community Center AveGaithersburg, MD 20878 331,868$525,000$28137 days
207 Community Center Ave Unit 207Gaithersburg, MD 20878 332,895$527,000$182176 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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