Market Update: Montgomery County October 08

Residential (not Condos or Co-ops) According to the GCAAR Residential Market Report: during the month of October 2008 in Montgomery County, MD there were: 1000 NEW LISTINGS this month for Residential (-22.5% drop compared to  Oct 07) 4029 TOTAL ACTIVE Residential Listings ( down – 8.9% compared to  Oct 07) 614 UNDER CONTRACT (+9.8% from  Oct 07 – year-to-date down -9.3%) 562 SETTLEMENTS (+25.7% from   [read more...]