Market Update: Montgomery Co. Condos May 09

mcreports

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%

 

 mc_condo_5-09_Inventory_trend

mc_condo_5-09_Sales_trend

mc_condo_5-09_Market_by_Price_Range

mc_condo_5-09_Avg_Median_Price

 

 

 

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

Statistics and charts are courtesy of GCAAR.