Market report, updated

Market Report

Search in the county of Montgomery

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

Market at a glance

Over the last 6 months, homes sold for 100.1% of list price in 28 days on average.

Average price, last 12 months

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

List · $672K Sold · $667K
$750K$710K$670K$630K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2,116 sales in Jun. Last month: 1,371.

Where the market stands

All homes in this report, by status.

16,264homes
Active4,243 · 26%
Under contract1,837 · 11%
Sold (6 mo)10,184 · 63%

Buyer's or seller's market?

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

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$795K
Under contract$728K
Sold$695K

Average days on market

Active72 days
Under contract72 days
Sold28 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 4,243
Average list price $794,607
Avg. days on market 72 days
Avg. price per ft² $800
Avg. living area 2,444 ft²
Avg. beds / baths 3.4 / 3.0

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 236 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

142 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

519 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

4901 Hampden Ln Unit 305$965
Address not available$841
4868 Chevy Chase Dr Unit 139$797
315 Keithwood Rd$708
8551 Connecticut Ave Unit 411$677
5918 Sonoma Rd$671
5411 Wilson Ln$560

All active listings (4,243)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
9801 Maple Leaf DrGaithersburg, MD 20886 342,052$419,000$204—
3101 King Tree StSilver Spring, MD 20902 321,633$589,500$360—
238 Park AveJenkintown, PA 19046 ——2,200$434,900$1970 days
232 Egypt RdMont Clare, PA 19453 321,524$419,900$2750 days
526 N Charlotte StPottstown, PA 19464 ——1,552$334,900$2150 days
234 Windridge Acres CtSilver Spring, MD 20905 431,968$629,000$3190 days
2002 Jason DrHuntingdon Valley, PA 19006 ——1,890$539,000$285—
526 N Charlotte StPottstown, PA 19464 321,552$334,900$2151 day
18621 Thundercloud RdBoyds, MD 20841 565,343$1,500,000$2801 day
38 Maryland Ave Unit 411Rockville, MD 20850 321,822$784,800$4301 day
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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