Gaithersburg Real Estate News & Market Updates for the week of 10/17/2012

 

There are currently 247 Properties currently available in Gaithersburg Maryland for Montgomery County in Maryland

 

Psst. . mortgages rates are at record lows


With mortgage rates at or near record lows and prices rolled back, we are puzzled finding buyers that are still waiting for the market to drop some more.. .well. you are in for a lonnnnng wait!

An inventory shortage has whipped up a feeding frenzy in our local market. .specially in the lower range properties. With bidding wars and price increases coming from apartment renters that are finding that mortgage payments are LOWER than their monthly rental bill. .is a no brainier!

As a broker, I ask myself if  this pressure is justified? 
Would most buyers be better served by waiting?

Absolutely not!

Check the chart below.. 

rEAL eSTATE

Year over Year (YoY) statistics are on the positive side in all aspects of the market today, 

The only thing were there is a negative gain. . is  the DAYS ON THE MARKET!
Things are selling quicker now. .I can assure you.

Everything points that the market is in the upswing!

HOMES
The most dramatic data for September 2012 is the comparison of month to month from last year.
Look at the Sold Dollar Volume over 16% higher than last year.

Even the average Sold Price shows almost a 10% jump over last year. .That is good news if you are a seller. . .

HOUSES

The inventory declined to record lows in the last 12 months,if you are waiting to buy. . pay attention to this critical number 

The number of LISTINGS!

The market in 2008 when everything started to unravel.. we had 12,908 ACTIVE LISTINGS THEN
Now?
From 2008 to 2012, we have only 4500 ACTIVE LISTINGS!
Homes are selling because ..the interest rates are low and inventory is at record lows!



Search All Gaithersburg Homes For Sale here

The most expensive active home for sale in Gaithersburg is:

 

20533 ZION ROAD, Gaithersburg MD 20882

$1,900,000

20533 ZION ROAD, Gaithersburg

House is TEARDOWN. Value is in LAND: Almost 17 acres zoned RE2 with PUBLIC H20 available. Also listed in lot-land as MC6159542. So...

  • Beds 3
  • Baths 1.0
  • MLS MC7922579

 

The least  expensive active home for sale in Gaithersburg is:

 

128 DUVALL LANE Unit #183-30, Gaithersburg MD 20877

$50,000?

128 DUVALL LANE Unit #183-30, Gaithersburg — Fireside

Short Sale professionally negotiated. 2 Bedroom 2 bath condo. Priced to sell.

  • Beds 2
  • Baths 2.0
  • MLS MC7895039
  • SqFt. 1,053

 

 

Foreclosure active homes for sale in Gaithersburg:

 

12913 SCARLET OAK DRIVE, Gaithersburg MD 20878

$439,900

12913 SCARLET OAK DRIVE, Gaithersburg

Value and location, Great lot, lots of space, over sized 3 car garage. full finished english basement, 4 bedrooms on the main leve...

  • Beds 5
  • Baths 3.0
  • MLS MC7925187
  • SqFt. 1,738

 

204 SWARTHMORE AVENUE, Gaithersburg MD 20877

$350,999

204 SWARTHMORE AVENUE, Gaithersburg

This is a Fannie Mae HomePath property. Purchase for as little as 3% down. Property approved for Homepath Mortgage financing and...

  • Beds 3
  • Baths 3.0
  • MLS MC7929494

 

850 QUINCE ORCHARD BOULEVARD Unit #0P1, Gaithersburg MD 20878

$102,000

850 QUINCE ORCHARD BOULEVARD Unit #0P1, Gaithersburg — Diamond Farm

Nice 3BR, 2BA condo. New Kit Cabinets & counter top. New paint. SGD to patio. Ceramic title in both BA's & Kit. Condo is FHA appro...

  • Beds 3
  • Baths 2.0
  • MLS MC7935439
  • SqFt. 1,363

 

452 GIRARD STREET Unit #361, Gaithersburg MD 20877

$79,959

452 GIRARD STREET Unit #361, Gaithersburg — Villa Ridge

Unit 304-June storm damage is being repaired by the condo insurance people and may not be completed prior to closing. Transfers s...

  • Beds 3
  • Baths 2.0
  • MLS MC7942718
  • SqFt. 1,259

 

Latest Listings in Gaithersburg Maryland as of 10/17/2012

 

20533 ZION ROAD, Gaithersburg MD 20882

$1,900,000

20533 ZION ROAD, Gaithersburg

House is TEARDOWN. Value is in LAND: Almost 17 acres zoned RE2 with PUBLIC H20 available. Also listed in lot-land as MC6159542. So...

  • Beds 3
  • Baths 1.0
  • MLS MC7922579

 

9431 BRINK ROAD, Gaithersburg MD 20882

$1,499,999

9431 BRINK ROAD, Gaithersburg

one of the largest estate home in Laytonsville area, over 10000SF of living spaces in 3 fully finished level, 5 bedrooms eash bedr...

  • Beds 5
  • Baths 6.0
  • MLS MC7947149
  • SqFt. 10,019

 

15213 BUCKEYE COURT, Gaithersburg MD 20878

$1,440,000?

15213 BUCKEYE COURT, Gaithersburg

Beautiful new home in the sought- after Quail Run subdivision. 4 bedrooms, 4 full baths and 2 half-baths, hardwood floors, gourmet...

  • Beds 4
  • Baths 6.0
  • MLS MC7691409
  • SqFt. 4,200

 

16112 NURSERY LANE, Gaithersburg MD 20878

$1,039,000?

16112 NURSERY LANE, Gaithersburg

MODEL HOME CONDITION,,,Gorgeous circular stairway,Gourmet kitchen,upgraded granite counter tops & cabinetry,Bright FR with 2story...

  • Beds 6
  • Baths 5.0
  • MLS MC7849385

 

9317 HARRISONS FARM WAY, Gaithersburg MD 20882

$997,500?

9317 HARRISONS FARM WAY, Gaithersburg

Magnificent 6 bedroom,4.5 bath home beautifully maintained on 2 acres. Two-story entry and family room with gas fp, sunroom, gourm...

  • Beds 6
  • Baths 5.0
  • MLS MC7775901

 

23430 WOODFIELD ROAD, Gaithersburg MD 20882

$995,000

23430 WOODFIELD ROAD, Gaithersburg

***PHOTOS SIMILAR***TO BE BUILT***. This home mimics classic early American design referred to as a "Cottage Style"/ front roof l...

  • Beds 4
  • Baths 6.0
  • MLS MC7947100
  • SqFt. 4,000

 

127 THURGOOD STREET, Gaithersburg MD 20878

$995,000

127 THURGOOD STREET, Gaithersburg

Stunning Kenltands home steps from pool, and all amenities kentlands has to offer. Ideally situated on a spacious lot backing to t...

  • Beds 4
  • Baths 3.0
  • MLS MC7881874

 

140 CROWN FARM DRIVE, Gaithersburg MD 20878

$909,685

140 CROWN FARM DRIVE, Gaithersburg

Beautiful new colonial located close to I-270, the ICC, shopping and conveniences with upgrades, huge gourmet kitchen and many ame...

  • Beds 5
  • Baths 5.0
  • MLS MC7941239
  • SqFt. 4,375

 

948 GENTLEWOOD STREET, Gaithersburg MD 20878

$899,999?

948 GENTLEWOOD STREET, Gaithersburg

Breathtaking at every turn! Gorgeous upgrades include hrdwds all 3 lvls, gourmet kitch w/granite, cherry & huge brkfst bar, 2 st...

  • Beds 4
  • Baths 5.0
  • MLS MC7894334

 

108 CROWN FARM DRIVE, Gaithersburg MD 20878

$879,990?

108 CROWN FARM DRIVE, Gaithersburg

Luxurious single family homes with all the upgrades and amenities you would expect from a customer builder. Brick exteriors, hardw...

  • Beds 4
  • Baths 5.0
  • MLS MC7568301
  • SqFt. 4,375

 

182 NORWICH LANE, Gaithersburg MD 20878

$879,990?

182 NORWICH LANE, Gaithersburg

Luxurious single family homes with all the upgrades and amenities you would expect from a customer builder. Brick exteriors, hardw...

  • Beds 4
  • Baths 5.0
  • MLS MC7568198
  • SqFt. 4,375

 

190 NORWICH LANE, Gaithersburg MD 20878

$879,990?

190 NORWICH LANE, Gaithersburg

Luxurious single family homes with all the upgrades and amenities you would expect from a customer builder. Brick exteriors, hardw...

  • Beds 4
  • Baths 5.0
  • MLS MC7568185
  • SqFt. 4,375

 

156 CROWN FARM DRIVE, Gaithersburg MD 20878

$879,990?

156 CROWN FARM DRIVE, Gaithersburg

Luxurious single family homes with all the upgrades and amenities you would expect from a customer builder. Brick exteriors, hardw...

  • Beds 4
  • Baths 5.0
  • MLS MC7568166
  • SqFt. 4,375

 

22547 SWEETLEAF LANE, Gaithersburg MD 20882

$875,000

22547 SWEETLEAF LANE, Gaithersburg

Approved price by the lender. Beautiful Colonial located at Goshen Estates, swimming pool and more. Subject to thirtd party approv...

  • Beds 4
  • Baths 5.0
  • MLS MC7786682

 

4810 SUNDOWN ROAD, Gaithersburg MD 20882

$875,000?

4810 SUNDOWN ROAD, Gaithersburg

This truly one-of-a-kind, custom-designed home offers country living w/a twist! This light-filled home features an incredible wrap...

  • Beds 4
  • Baths 4.0
  • MLS MC7823313
  • SqFt. 5,712

 

20900 GOLF VIEW DRIVE, Gaithersburg MD 20882

$850,000?

20900 GOLF VIEW DRIVE, Gaithersburg

Stunning estate sited on nearly 3 acres featuring a grand 2 story foyer, dual Oak stairs & rich hdwd flrs. LR w/bay window & colum...

  • Beds 5
  • Baths 5.0
  • MLS MC7912572

 

15201 COUNTRY GLEN COURT, Gaithersburg MD 20878

$850,000?

15201 COUNTRY GLEN COURT, Gaithersburg

Buyer financing fell through - come and get it!! Bank approved & ready for quicker than normal short sale closing. If it's on your...

  • Beds 6
  • Baths 6.0
  • MLS MC7558151
  • SqFt. 4,904

 

9413 POPLAR CREEK COURT, Gaithersburg MD 20882

$847,000

9413 POPLAR CREEK COURT, Gaithersburg

Elegant 5 bedroom home on 1.25 acres with four car garage, featuring two gorgeous sunrooms, six burner cooktop, granite counter to...

  • Beds 5
  • Baths 4.0
  • MLS MC7941968

 

8613 AUGUSTA FARM LANE, Gaithersburg MD 20882

$815,000?

8613 AUGUSTA FARM LANE, Gaithersburg

Unbelievable price!!! Stunning colonial with all the bells and whistles on 2 private and serene acres*gourmet kitchen w/corian isl...

  • Beds 4
  • Baths 5.0
  • MLS MC7864607
  • SqFt. 5,910

 

624 KENT OAKS WAY, Gaithersburg MD 20878

$799,900

624 KENT OAKS WAY, Gaithersburg

Stately & immaculate 3-sided brick home located in sought-after KENTLANDS community. Main level LR, DR, FR w/ FP, OFFICE, mudroom,...

  • Beds 4
  • Baths 3.0
  • MLS MC7938289

 

18522 RELIANT DRIVE, Gaithersburg MD 20879

$799,900?

18522 RELIANT DRIVE, Gaithersburg

Open house this sunday oct / 14 from 2-5 pm *** sellers spent over $300k in upgrades *** incredible custom home built by award win...

  • Beds 4
  • Baths 5.0
  • MLS MC7826864
  • SqFt. 5,696

 

21638 GOSHEN OAKS ROAD, Gaithersburg MD 20882

$799,000?

21638 GOSHEN OAKS ROAD, Gaithersburg

Open Sun 9/23 1:30-4pm! Meticulously maintained home w/upgrades galore both inside & out! Grand entry foyer leads to open floor p...

  • Beds 4
  • Baths 5.0
  • MLS MC7752159
  • SqFt. 5,198

 

23614 WHITE PEACH COURT, Gaithersburg MD 20882

$789,900

23614 WHITE PEACH COURT, Gaithersburg

Immaculate! On almost 2 gorgeous acres backing to private parkland. This Ryan Classic has amazing views, 4 generous bdrms, mstr su...

  • Beds 4
  • Baths 4.0
  • MLS MC7929632
  • SqFt. 4,570

 

319 INSPIRATION LANE, Gaithersburg MD 20878

$785,000?

319 INSPIRATION LANE, Gaithersburg

Beautiful Mitchell & Best Brick end unit TH w 2 car connected garage - wood flrs on 1st & 2nd lev - Great room on main lev include...

  • Beds 2
  • Baths 4.0
  • MLS MC7877920
  • SqFt. 3,546

 

21500 GOSHEN HUNT LANE, Gaithersburg MD 20882

$769,900

21500 GOSHEN HUNT LANE, Gaithersburg

Gorgeous home shows pride of ownership with a kitchen to envy & enjoy, Kitchen has custom cabinets, granite counters, TOP of the l...

  • Beds 4
  • Baths 3.0
  • MLS MC7929646
  • SqFt. 5,356

 

208 THAXTON STREET, Gaithersburg MD 20878

$739,900

208 THAXTON STREET, Gaithersburg

bEAUTIFUL BRICK FRONT HOME IN KENTLANDS! PRICED TO SELL! 5 BEDROOMS, 3.5 BATHS, FINISHED WALK-OUT LOWER LEVEL COULD BE GREAT IN LA...

  • Beds 5
  • Baths 4.0
  • MLS MC7944980

 

11009 COLONIAL GREEN COURT, Gaithersburg MD 20878

$729,800

11009 COLONIAL GREEN COURT, Gaithersburg

One of the best lot in Dufief Mill SD. Cul-de-sac, 0.437 acres backing to trees. Most of the major items have been replaced incl...

  • Beds 5
  • Baths 4.0
  • MLS MC7946040

 

18501 FONTANA LANE, Gaithersburg MD 20879

$729,000

18501 FONTANA LANE, Gaithersburg

Fabulous location minutes to shady grove metro, yet private cul-de-sac, quiet setting this is the home you've been waiting for! B...

  • Beds 5
  • Baths 5.0
  • MLS MC7940884
  • SqFt. 5,704

 

314 ALFANDRE STREET, Gaithersburg MD 20878

$725,000?

314 ALFANDRE STREET, Gaithersburg

KENTLANDS MIDTOWN, Close to everything, Fabulous light filled Mitchel & Best 4BR, 3 1/2BA 4 level 3,800 Sq Ft Townhome. Cooks kit...

  • Beds 4
  • Baths 4.0
  • MLS MC7903949
  • SqFt. 3,789

 

9011 KIMBLEHUNT DRIVE, Gaithersburg MD 20882

$724,900

9011 KIMBLEHUNT DRIVE, Gaithersburg

Impressive 6500+SF colonial at end of cul-de-sac on 2 part wooded Ac adjoins Parkland! Dramatic 2 story foyer w/curved staircase. ...

  • Beds 5
  • Baths 4.0
  • MLS MC7862596



The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Real Estate Company. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All listing information copyright MRIS 2012. Last updated: October 15, 2012

 

Nearby Cities Market Reports

Bethesda

Damascus

Clarksburg

Germantown

Gaithersburg

North Potomac

Potomac

Rockville

Silver Spring

Olney

 



                      securedownload 
Project1 
 

Why Should You Choose Us?

Our network is our prime advantage over our competition and your most important advantage over other buyers on the market today. Yet the true secret to our success is how we focus completely on our clients' needs. For us, servicing one client at a time is our top priority. That's why our agents are committed to understanding every single client's needs and strategic objectives. Our promise to you is to continuously strive to serve better and achieve the best results of anyone else available today. 

Let's get started!

Call

301-246-0001

Gaithersburg Real Estate News & Market Updates for the week of 10/17/2012