Market report, updated

Market Report

Search in the subdivision of Woodfield Estates

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

Market at a glance

Over the last 6 months, homes sold for 101.1% of list price in 13 days on average.

Average price, last 12 months

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

List · $930K Sold · $928K
$1.2M$1M$800K$600K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 3 sales in Apr. Last month: 0.

Where the market stands

All homes in this report, by status.

9homes
Active3 · 33%
Under contract1 · 11%
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.

4.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1000K
Under contract$948K
Sold$848K

Average days on market

Active85 days
Under contract77 days
Sold13 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 3
Average list price $999,630
Avg. days on market 85 days
Avg. price per ft² $215
Avg. living area 5,081 ft²
Avg. beds / baths 4.0 / 4.7

Price vs. living area

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

$1.5M$1M$500K$0

Price vs. living area: 3 homes plotted, up to $1.5M and 9,000 ft².

0 ft²3,0006,0009,000 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 3 homes in this status.

6050 Estates Dr$284
23703 Woodfield Rd$183
23816 Echo Creek Ct$180

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
23703 Woodfield RdGaithersburg, MD 20882 668,153$1,500,000$18310 days
6050 Estates DrAlexandria, VA 22310 242,111$599,900$284116 days
23816 Echo Creek CtGaithersburg, MD 20882 444,980$898,990$180130 days
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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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