June 2017 Montgomery County Maryland Real Estate Market Report
Posted
by Wm. Joe Preston
on Wednesday, July 19th, 2017 2:12pm.
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4.2 % drop in contracts from June 2016.
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1% drop in closed sales from June of 2016.
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5.2% drop in new listings from June of 2016.
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Average sales price in June was $545,893 which was flat from last June.
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Half of the homes sold in June were on the market 13 days or less. 34 days was the average days on the market which was 10 days lower from June 2016.
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Sellers received an average of 98% of original list price. Supply of homes on the market represents a 2.6 month supply, and anything under 3 slightly favors the seller.
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Posted on Sunday, December 1st, 2019 10:14am.