Kentlands and North Potomac ZIP Code: 20878 Gaithersburg, MD

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Education & Training with Retired Real Estate Broker, Maryland Blogger

Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format

ZIP Code: 20878 Gaithersburg, MD


From: 03/01/2008 to 03/31/2008                Statistics generated on: 04/08/2008

 Residential
Unit Sales
Number of Bedrooms
Active Listings Time on Market
Price Class2
Or Less  

3
4
 or More  
Condo
Coop
Ground
Rent
Residential
 
Condo
Coop
Ground
Rent
of Units Sold
(No. of Units)
Under $100,000000000001 -30 Days9
$100,000 - 149,9990000002031-60 Days4
$150,000 - 199,99900010113061 - 90 Days6
$200,000 - 249,99900010513091-120 Days8
$250,000 - 299,9990003019160Over 120 Days18
$300,000 - 349,9990201029110Total45
$350,000 - 399,9993341027110 
$400,000 - 449,99911010540Type of Financing
of Units Sold
(No. of Units)
$450,000 - 499,999011102320
$500,000 - 599,999035004700Conventional38
$600,000 - 699,999002002900FHA3
$700,000 - 799,999021003200VA0
$800,000 - 899,999004001800Assumption0
$900,000 - 999,99900000300Cash3
$1,000,000 - 2,499,999003001700Owner Finance1
$2,500,000 - 4,999,99900000000All Other0
$5,000,000 & Over00000000Unreported0
Totals4122090255720Total45
Grand Totals45327  
   2008  2007  % Change
Total Sold Dollar Volume:$ 23,460,300$ 33,993,200- 30.99 %
Average Sold Price:$ 521,340$ 548,277- 4.91 %
Median Sold Price:$ 455,000$ 504,000- 9.72 %
Total Units Sold:4562- 27.42 %
Average Days on Market:1229331.18 %
Average List Price for Solds:$ 565,710$ 572,582- 1.20 %
Avg Sale Price as a
percentage of Avg List Price:
92.16 %95.76 % 
Total NEW listings:110
Total Properties Marked Contract:23
Total Properties Marked Contingent Contract:30
Total NEW pendings (Contracts + Contingents):53

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

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Roy and Dolores Kelley Photographs

Roy Kelley, a real estate broker since 1960, has retired from his position as Associate Broker with RE/MAX Realty Group in Gaithersburg, Maryland. The needs of past clients and referrals will be met by long time associates. 



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