Market report, updated
Observatory Heights Home Values and Market Report
Search in the subdivision of Observatory Heights
Report prepared by
MeetTheBarbosaGroup.com
The Barbosa Group
Market at a glance
Over the last 12 months, homes sold for 104.2% of list price in 124 days on average.
Average price, last 12 months
What sellers asked vs. what homes actually sold for, by closing month.
List · $425K
Sold · $405K
$490K$460K$430K$400K
OctNovDecJanFebMarAprMayJunJulAugSep
Homes sold per month
Closed sales, last 12 months.
0
O
0
N
0
D
0
J
0
F
0
M
0
A
0
M
1
J
1
J
0
A
0
S
Where the market stands
All homes in this report, by status.
Active1 · 33%
Sold (12 mo)2 · 67%
Buyer's or seller's market?
Months it would take to sell every active home at the pace of the last 6 months.
3.0months of inventory
Seller's, under 4BalancedBuyer's, over 6
Average price by status
Average days on market
Active30 days
Sold124 days
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active homes
Currently for sale
Homes for sale
1
Average list price
$674,900
Avg. days on market
30 days
Avg. price per ft²
$252
Avg. living area
2,671 ft²
Avg. beds / baths
4.0 / 3.0
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
$900K$600K$300K$0
Price vs. living area: 1 home plotted, up to $900K and 3,000 ft².
0 ft²1,0002,0003,000 ft²
How long homes have been listed
Number of homes by days on market.
1
0–30 days
0
31–90
0
91–180
0
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
0
≤3 bd
1
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 1 home in this status.
4 Cedar Ave$252
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | List price | $ / ft² | Days on market |
| 4 Cedar AveGaithersburg, MD 20877 |
4 | 3 | 2,671 | $674,900 | $252 | 30 days |
Sold homes
Closed in the last 12 months
Homes sold
2
Average sold price
$440,000
Avg. days to sell
124 days
Sold vs. list price
104.2%
Avg. price per ft²
$278
Avg. living area
1,654 ft²
Price vs. living area
Each dot is a home. Hover a dot for its address, click it to see the home.
$600K$400K$200K$0
Price vs. living area: 2 homes plotted, up to $600K and 3,000 ft².
0 ft²1,0002,0003,000 ft²
How long homes took to sell
Number of homes by days on market.
1
0–30 days
0
31–90
0
91–180
1
181–365
0
365+
Bedroom mix
Number of homes by bedroom count.
2
≤3 bd
0
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft²
Top 2 homes in this status.
8 James St$349
30 Spring St$207
Sold price vs. list price
How close homes sold to their asking price.
0
Under 95%
1
95–98%
0
98–100%
0
100–102%
1
Over 102%
Every home in this list is on the map.
Click a marker for the home.
| Address | Beds | Baths | Living ft² | Sold price | Sold / list | $ / ft² | Days to sell |
| 8 James StGaithersburg, MD 20877 |
3 | 2 | 1,360 | $475,000 | 113.1% | $349 | 9 days |
| 30 Spring StGaithersburg, MD 20877 |
2 | 3 | 1,948 | $405,000 | 95.3% | $207 | 240 days |
Questions about this market?
These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.
MeetTheBarbosaGroup.com
The Barbosa Group
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