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Observatory Heights Home Values and Market Report

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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.

Peak: 1 sale in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

3homes
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

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$675K
Sold$440K

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.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 1 home in this status.

4 Cedar Ave$252

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4 Cedar AveGaithersburg, MD 20877 432,671$674,900$25230 days
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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.

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