Market Update: Montgomery County: November 2008

mcreports

Residential (not Condos or Co-ops)

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

  • 698 NEW LISTINGS this month for Residential
    (-20.1% drop compared to  Nov 07)
  • 3687 TOTAL ACTIVE Residential Listings
    ( down – 7.7% compared to  Nov 07)
  • 540 UNDER CONTRACT
    (+8.9% compared to Nov 07 – year-to-date down -8.7%)
  • 410 SETTLEMENTS
    (down -5.5% compared to Nov 07 – year-to-date down -15.6%)

View the
November 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:

  • 217 NEW LISTINGS this month for Condos/Co-ops
    (-40.1 % drop compared to  Nov 07)
  • 1146 TOTAL ACTIVE LISTINGS for Condos/Co-ops
    (down -3.7%)
  • 108 UNDER CONTRACT
    (down -37.9% compared to Nov 07 – year-to-date is down -27.4%)
  • 112 SETTLEMENTS: (down -8.9% compared to  Nov 07 – year-to-date is down -30.0%)

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