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 · $673K Sold · $668K
$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: 1,372.

Where the market stands

All homes in this report, by status.

16,190homes
Active4,238 · 26%
Under contract1,787 · 11%
Sold (6 mo)10,165 · 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$797K
Under contract$723K
Sold$694K

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 4,238
Average list price $797,332
Avg. days on market 72 days
Avg. price per ft² $800
Avg. living area 2,450 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.

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

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

$3M$2M$1M$0

Price vs. living area: 237 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.

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

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes among the newest.

199 W Johnson Hwy$1,250
4901 Hampden Ln Unit 305$965
102 E Melrose St$904
5610 Wisconsin Ave Unit 804$864
Address not available$841
4868 Chevy Chase Dr Unit 139$797
315 Keithwood Rd$708

All active listings (4,238)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
27 Pickering Ct Unit 27-101Germantown, MD 20874 221,066$275,000$2571 day
406 Calverton CtHarleysville, PA 19438 331,886$430,000$2271 day
10201 Grosvenor Pl Unit 204Rockville, MD 20852 211,117$199,000$1781 day
83 Kurtz RdSchwenksville, PA 19473 333,609$749,900$2071 day
18166 Rolling Meadow Way Unit 176Olney, MD 20832 321,470$349,900$238—
7811 Orchard Gate CtBethesda, MD 20817 544,340$1,425,000$3281 day
610 Spring AveElkins Park, PA 19027 ——2,592$500,000$1921 day
2101 Greenery Ln Unit 102Silver Spring, MD 20906 321,227$265,000$215—
3475 Hillcroft RdHuntingdon Valley, PA 19006 432,846$725,000$254—
3908 Bryant Park CirBurtonsville, MD 20866 342,080$565,900$2721 day
Mcmahanhomes.com

Questions about this market?

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Mcmahanhomes.com Real Broker, LLC

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