Clarksburg Market Update

z-clarksburg-mdHave you wondered where you can buy a practically brand new single family home for around $450,000 in Montgomery County? Clarksburg is the place.  The values have been eye-popping especially when compared to sales at the market’s peak in 2005 and 2006.  Foreclosures and short sales have really smushed home values and prices over the last year.

Demand here is hottest for homes priced under $500,000.  For homes priced $600,000 and over, there’s a lot less demand.  A buyer can acquire a huge, new Craftmark home in the $700,000s.  Unthinkable not long ago.

2009-06-market-clarksburg-md
These stats show inventory in late June 2009 and the number of contracts for the previous six months.
__________________________________________________________

Do you have questions about the real estate market for Clarksburg and Damascus? Call us at 301-527-9079 or send an email for more info about buying, selling and living in and around Clarksburg, Maryland. homes-for-sale-in-montgomery-county contact-the-lemieux-team

Posted by Bruce Lemieux

Leave a Reply

The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 2/7/12 10:49 PM PST.

The listing information on this web site is from various brokers who participate in IDX.

Copyright 2012 MRIS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2012.