June 28th, 2009 Categories: Rockville
For homes priced under $700,000, it’s a hot seller’s market in Rockville and North Bethesda. 60% of the sales are single family home with 20% condos and 20% townhomes. Most of the action here is for single family homes priced under $400,000 making up almost 40% of all sales. The stats are a little skewed for homes priced over $1 million since there’s little activity in Rockville in this market segment. 30 homes priced $1M or more are currently available. 15 homes in this price range have gone under contract over the last six months indicating about a years’ worth of inventory.
These stats show inventory in late June 2009 and the number of contracts for the previous six months.
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