MoCoRealEstate

Clarksburg Market Update

June 28th, 2009 Categories: Clarksburg

Have 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.

These stats show inventory in late June 2009 and the number of contracts for the previous six months.
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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.

Posted by Bruce Lemieux

This entry was posted on Sunday, June 28th, 2009 at 9:18 am and is filed under Clarksburg. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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