Audrey's Adventures in Real Estate

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20878 Market Statistics May 2008

These are the housing statitics for the Gaithersburg zip code area of 20878.  The information is provided my MRIS services.

Metropolitan Regional Information Systems, Inc.   ZIP Code Statistics - <$100K to >$5M Format

ZIP Code: 20878 Gaithersburg, MD
From: 05/01/2008 to 05/31/2008                Statistics generated on: 06/06/2008

 

Residential
Unit Sales
Number of Bedrooms

Active Listings

 

Time on Market

Price Class

2
Or Less  


3

4
  or More  

Condo
Coop

Ground
Rent

Residential
  

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

0

0

0

0

0

0

0

0

1 -30 Days

15

$100,000 - 149,999

0

0

0

1

0

1

5

0

31-60 Days

11

$150,000 - 199,999

0

0

0

2

0

1

18

0

61 - 90 Days

10

$200,000 - 249,999

0

0

0

1

0

4

15

0

91-120 Days

2

$250,000 - 299,999

0

3

0

3

0

26

10

0

Over 120 Days

15

$300,000 - 349,999

0

4

0

1

0

34

11

0

Total

53

$350,000 - 399,999

0

4

0

0

0

37

9

0

 

$400,000 - 449,999

0

0

0

2

0

16

3

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

3

3

0

0

25

4

0

$500,000 - 599,999

0

6

1

0

0

54

0

0

Conventional

41

$600,000 - 699,999

0

1

7

0

0

37

0

0

FHA

7

$700,000 - 799,999

0

1

6

0

0

26

0

0

VA

1

$800,000 - 899,999

0

0

2

0

0

16

0

0

Assumption

0

$900,000 - 999,999

0

0

0

0

0

8

0

0

Cash

4

$1,000,000 - 2,499,999

0

0

2

0

0

22

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

0

0

0

All Other

0

$5,000,000 & Over

0

0

0

0

0

0

0

0

Unreported

0

Totals

0

22

21

10

0

307

75

0

Total

53

Grand Totals

53 382
    2008    2007    % Change
Total Sold Dollar Volume: $ 27,012,700 $ 40,896,527 - 33.95 %
Average Sold Price: $ 509,674 $ 524,314 - 2.79 %
Median Sold Price: $ 490,000 $ 468,000 4.70 %
Total Units Sold: 53 78 - 32.05 %
Average Days on Market: 91 89 2.25 %
Average List Price for Solds: $ 548,820 $ 548,387 0.08 %
Avg Sale Price as a
percentage of Avg List Price:
92.87 % 95.61 %
Total NEW listings: 120
Total Properties Marked Contract: 37
Total Properties Marked Contingent Contract: 35
Total NEW pendings (Contracts + Contingents): 72

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.


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