Market Update: Montgomery Co. Condos Feb 09

mcreports

Condos or Co-ops

According to the GCAAR Residential Market Report: during the month of February 2009 there were :

  • 262 NEW LISTINGS this month for Condos
    (-19.6% drop compared to Feb 08)
  • 1068 TOTAL ACTIVE Condo Listings
    ( down – 10.7% compared to Feb 08)
  • 121 UNDER CONTRACT
    (up 9.7% compared to Feb 08 – year to date -15.3%)
  • 70 SETTLEMENTS
    (down -18.6% compared to Feb 08 – year-to-date down -14.4%)

montgomery-co-condo-inventory-report-2-09

 

montgomery-co-condo-sales-trend-2-09montgomery-co-condo-market-by-price-2-09montgomery-co-condo-median-average-price-2-09

 

 

 

 

 

 

 

 

 

 

View the February 09 Montgomery County Condo-Coop Report (PDF file – opens in a new window).

 

Statistics and charts are courtesy of GCAAR.