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Local Market Updates A free research tool from MRIS, Inc.

December

Montgomery County New Listings

Year to Date

2009

2010

Change

2009

2010

Change

792

668

- 15.7%

15,920

16,881

+ 6.0%

Closed Sales

835

752

- 9.9%

10,385

10,347

- 0.4%

Pending Sales

558

704

+ 26.2%

10,827

10,849

+ 0.2%

$325,000

$365,000

+ 12.3%

$341,919

$350,000

+ 2.4%

94.5%

92.6%

- 2.1%

92.8%

94.9%

+ 2.2% - 29.2%

Median Sales Price* Percent of Original List Price Received at Sale* Average Days on Market Until Sale

71

80

+ 12.3%

90

64

Single-Family Detached Inventory

1,681

1,489

- 11.4%

--

--

--

Townhouse-Condo Inventory

1,697

1,458

- 14.1%

--

--

--

*Does not account for seller concessions. Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved.

Activity—Most Recent Month

Activity—Year to Date 2009

792 668

835 752

2010

15,920

16,881

2009 2010

10,385

- 15.7% 15 7%

9% -9 9.9%

New Listings

Closed Sales

Median Sales Price $365,000 $325,000

2009

$341,919

New Listings

$350,000

94.5%

+ 2.4%

+ 12.3% December

Year to Date

Days on Market Until Sale

71

92.6%

December

Closed Sales

2009

92.8%

2010

94.9%

+ 2.2%

- 2.1% December

Year to Date

Inventory of Homes for Sale 2009

1,697

1,681

90

1,489

2010

- 29.2% Year to Date

1,458 2009

64

+ 12.3%

-0 0.4% 4%

+ 6.0% 6 0%

Percent of Original List Price Received at Sale 2010

80

10,347

2010

- 11.4% Single-Family Detached

- 14.1% Townhouse-Condo Attached

All data provided by RealEstate Business Intelligence, LLC | An MRIS company Reports are created and maintained by 10K Research and Marketing. Data current as of 1/7/2011. This report may be reproduced by MRIS members.

December 2010 Montgomery County Local Market Updates  

MoCo Updates

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