Market Update: Montgomery County: December 2008

mcreports

Residential (not Condos or Co-ops)

According to the GCAAR Residential Market Report: during the month of
December 2008 in Montgomery County, MD there were:

  • 637 NEW LISTINGS this month for Residential
    (up 1.4% compared to  Dec 07)
  • 3260 TOTAL ACTIVE Residential Listings
    (down – 7.5% compared to  Dec 07)
  • 481 UNDER CONTRACT
    (+21.5% compared to Dec 07 – year-to-date down -7.6%)
  • 505 SETTLEMENTS
    (up 13% compared to Dec 07 – year-to-date down -14.1%)

View the
December 08 Montgomery County Residential Home Report
(PDF file – opens in a new window).
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Condosmcreports

According to the GCAAR Residential Market Report: during the month of
November 2008 in Montgomery County, MD there were:

  • 172 NEW LISTINGS this month for Condos/Co-ops (up 11.7% compared to 
    Dec 07)
  • 992 TOTAL ACTIVE LISTINGS for Condos/Co-ops
    (down -3.1%)
  • 124 UNDER CONTRACT
    (up 26.5% compared to Dec 07 – year-to-date is down -25.5%)
  • 106 SETTLEMENTS: (up 11.6% compared to  Dec 07 – year-to-date is down -28.7%)

View the entire
December 08 Montgomery County Condo/Co-op Report
(PDF file – opens in a new window).