20877 Real Estate Market

20877 Market

The median sale price for homes in 20877 over the last 12 months is $210,000.


The median mortgage debt is $201,999.

Additional Statistics for Single Family Homes and Condos in Gaithersburg, MD
$353,750
Median Listing Price
33
Median Days on Market
56
Active Listings
30.4%
Distressed Listings
(foreclosures and short sales)
20877 (Gaithersburg, MD) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Gaithersburg is $415,000. The list prices dropped by -0.95% from the previous month.

The price per square foot for listings in this area is $233.

The median sale price in December for single family homes is $252,750. The sale prices dropped by -31.68% from the previous month.

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20877 (Gaithersburg, MD) Market Inventory Trends

The number of active listings in Gaithersburg increased by 8% from the previous month.

The median number of days active properties have been listed is 49. This is significantly shorter than the national average.

The number of sales in December dropped by 55.6% from the previous month.

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20877 (Gaithersburg, MD) Property Ownership

The percent of unoccupied properties is very low in Gaithersburg. It is -8.55% below the national average.

The percent of owner occupied properties in Gaithersburg is 16.7% below the national average.

The percent of rental properties in Gaithersburg is 28.05% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.