Market Update: Montgomery Co. SFH May 09

Single Family Homes (Not Condos or Coops) According to the GCAAR Residential Market Report: during the month of May 2009 there were : 1269 NEW LISTINGS this month for Single Family Homes (-17.2% drop compared to May 08) 2985 TOTAL ACTIVE SFH Listings ( down - 34.9% compared to May 08) 1110 UNDER CONTRACT SFH (up 33.1% compared to May 08 - year to date up 25.2%) 680 SETTLEMENTS SFH (up 19.5% compared to May 08 - year-to-date up 8.5%)   View the Montgomery County Residential … [Read more...]

Market Update: Montgomery Co. Condos May 09

Condos or Co-ops According to the GCAAR Residential Market Report: during the month of May 2009 there were : 334 NEW LISTINGS this month for Condos (-9.5% drop compared to May 08) 1049 TOTAL ACTIVE Condo Listings ( down - 19.4% compared to May 08) 236 UNDER CONTRACT (up 19.8% compared to May 08 - year-to-date up 8.5%) 161 SETTLEMENTS (-1.8% compared to May 08 - year-to-date down -2.1%           View the May 09 Montgomery County Condo-Coop Report (PDF file - … [Read more...]

Market Update: Frederick Co. SFH May 09

Residential (not Condos or Co-ops) According to the FCAR Residential Market Report: during the month of May 2009 there were : 409 NEW LISTINGS this month for Residential (-18% drop compared to May 08) 1370 TOTAL ACTIVE Residential Listings ( down - 29.9% compared to May 08) 304 UNDER CONTRACT (up 46.9% compared to May 08) Year to Date: up 28.1% 198 SETTLEMENTS (up 26.1% compared to May 08 - year-to-date up 6.2%)         View the May 09 Frederick County … [Read more...]

Market Update: Frederick Co. Condos May 09

Condos or Coops According to the FCAR Residential Market Report: during the month of  May 2009 there were : 28 NEW LISTINGS this month for Condos (-6.7% drop compared to May 08) 123 TOTAL ACTIVE Condos ( down - 24.5% compared to May 08) 11 UNDER CONTRACT Condos (down -21.4% compared to May 08) (Year to Date: -9.2%) 9 SETTLEMENTS Condos (down -25% change compared to May 08 - year-to-date down -9.1%)         View the May 09 Frederick County Condos and Coops Report … [Read more...]