Market Update: Montgomery County September 08

mcreports

Residential (not Condos or Co-ops)

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

  • 1193  NEW  LISTINGS this month for Residential
    (-16.2% drop compared to Sep 07)
  • 4177  TOTAL ACTIVE Residential Listings
    ( down – 7.6% compared to Sep 07)
  • 650 UNDER CONTRACT
    (+37.4%  from Sep 07  – year-to-date down -9.9%)
  • 594 SETTLEMENTS 
    (+40.4%  from Sep 07 – year-to-date down -19.3%)

View the entire September 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 September 2008 in Montgomery County, MD there were:

  • 303 NEW LISTINGS this month for Condos/Co-ops
     (-15.6 % drop compared to Sep 07)
  • 1200 TOTAL ACTIVE LISTINGS  for Condos/Co-ops
    (down -2.5%)
  • 177  UNDER CONTRACT
    (up 39.4%  from Sep 07  -  year-to-date is down -24.2%)
  • 141 SETTLEMENTS:
    (up 5.2%  from Sep 07  -  year-to-date is down -32.3%)

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