MoCoRealEstate

Rockville Market Update

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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Do you have questions about the Rockville real estate market? Call us at 301-527-9079 or send an email for more info about buying, selling and living in Rockville, Maryland.

Posted by Bruce Lemieux

This entry was posted on Sunday, June 28th, 2009 at 10:02 am and is filed under Rockville. 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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