AveryHess, Realtors® Blog

Gaithersburg, MD Market Report – 2/25/10

For the month of January, the average sales price in Gaithersburg took a two percent drop from the previous month in large part due to the majority of lower priced sales. Thus the average fell from $312,311 to $298,534. Below you’ll find statistics as well as a full report for Gaithersburg, Maryland.
The 24% drop in the number of closings from December 2009 to January 2010 is nothing to fear.

Gaithersburg, MD Market Report – 9/18/09

There were 88 homes listed for sale at the end of August, which is not far off from the 90 for sale at the end of July. The number of homes sold in August, a total of 11, matched the sales for July. Meanwhile, median home price in August was down to $650,000, a 9.8% drop from the same period in 2008. However average days on the market (DOM) was only 72, as opposed to the staggering 309 days on the market in August 2008.