Check Out The Speicher Group Market Update!
These monthly market updates are designed to give you the most recent and accurate statistics regarding the real estate market in Montgomery County, MD.
Consider these videos a “snapshot” of the most vital information pertinent to you when considering buying or selling a home. These statistics can help you make the best decisions when it comes to selling your property in the Montgomery County, MD area.
The Real Estate Market in November!
Let’s take a look at the real estate market in our area for November! The number of active listings was up 8% from one year earlier, and down 21% from the previous month. The median listing price was just under $620,000. Compared to last year, the average number of days a home was on the market was up 12%. The median sales price was just under $520,000. The number of units sold was consistent year over year, and decreased 17% month over month.
Our team, The Speicher Group, hopes you find this information extremely helpful as to research the overall real estate market in Montgomery County. With that said, if you are looking for expert advice as to when you should buy or sell, we are here to assist you.
If at any time, you need more information regarding your home’s value or the processes involved in buying or selling, feel free to contact our offices at (301) 710-9920 or visit our Contact Us page.