Market Update: Montgomery Co. Condos Mar 09

mcreports

Condos or Co-ops

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

  • 310 NEW LISTINGS this month for Condos
    (-20.9% drop compared to Mar 08)
  • 1081 TOTAL ACTIVE Condo Listings
    ( down – 17.2% compared to Mar 08)
  • 197 UNDER CONTRACT
    (up 11.3% compared to Mar 08 – year to date -4.1%)
  • 111 SETTLEMENTS
    (down -0.9% compared to Mar 08 – year-to-date down -9.1%

 

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

Statistics and charts are courtesy of GCAAR.

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GARY ROGERS

Realtor, Associate Broker, CRS, GRI
Offices in Gaithersburg and Frederick

Contact Gary