Montgomery County Real Estate Market Report for April 2011

Total sold value has dropped almost 20% in the last 12 months when comparing to from April to April

What it means to buyers?

Opportunity

What it means to sellers

If you waited. . You may as well wait a little longer.

If you can't wait, there are strategies to obtain the most money from your property

Call us

Fernando Herboso

Broker – Herboso & Associates llc

240-426-5754

 

 

Montgomery County, MD

 

Statistic

Values

Year

Month

Total Sold Dollar Volume

$365,381,632

-19.7%

+7.24%

Closed Sales

837

-21.78%

+10.71%

Median Sold Price

$350,000

+1.45%

+5.28%

Avg Sold Price

$436,537

+2.65%

-3.14%

Avg Days on Market

81 days

+28.57%

-11.96%

Avg Sold to Orig List Ratio

93.55%

-2%

+0.8%

 

April 2011 Summary: