Market Update: Montgomery County September 08

Residential (not Condos or Co-ops) According to the GCAAR Residential Market Report: during the month of September 2008 in Montgomery County, MD there were: 1193  NEW  LISTINGS this month for Residential (-16.2% drop compared to Sep 07) 4177  TOTAL ACTIVE Residential Listings ( down – 7.6% compared to Sep 07) 650 UNDER CONTRACT (+37.4%  from Sep 07  – year-to-date down -9.9%) 594 SETTLEMENTS  (+40.4%  from Sep 07 – year-to-date down -19.3%) View the  [read more...]