Market Update: Montgomery County: November 2008

Residential (not Condos or Co-ops) According to the GCAAR Residential Market Report: during the month of November 2008 in Montgomery County, MD there were: 698 NEW LISTINGS this month for Residential (-20.1% drop compared to  Nov 07) 3687 TOTAL ACTIVE Residential Listings ( down – 7.7% compared to  Nov 07) 540 UNDER CONTRACT (+8.9% compared to Nov 07 – year-to-date down -8.7%) 410 SETTLEMENTS (down  [read more...]