Market report, updated

Market Report

Search in the subdivision of Park Summit Codm

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Report prepared by MeetTheBarbosaGroup.com The Barbosa Group

Market at a glance

Over the last 6 months, homes sold for 99.7% of list price in 20 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $270K Sold · $270K
$540K$450K$360K$270K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 3 sales in Dec. Last month: 0.

Where the market stands

All homes in this report, by status.

11homes
Active6 · 55%
Under contract1 · 9%
Sold (6 mo)4 · 36%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$341K
Under contract$225K
Sold$409K

Average days on market

Active99 days
Under contract54 days
Sold20 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 6
Average list price $340,816
Avg. days on market 99 days Based on 5 of 6 homes
Avg. price per ft² $267
Avg. living area 1,218 ft²
Avg. beds / baths 2.2 / 2.5

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: 6 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 6 homes in this status.

627 Coral Reef Dr$310
524 Coral Reef Dr$301
301 Palmspring Dr Unit 3-4$285
407 Palmtree Dr$284
1900 Lyttonsville Rd Unit 110$216
1900 Lyttonsville Rd Unit 211$207

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
627 Coral Reef DrGaithersburg, MD 20878 341,660$515,000$3106 days
524 Coral Reef DrGaithersburg, MD 20878 341,660$500,000$301—
407 Palmtree DrGaithersburg, MD 20878 231,582$450,000$28452 days
301 Palmspring Dr Unit 3-4Gaithersburg, MD 20878 22964$275,000$2855 days
1900 Lyttonsville Rd Unit 211Silver Spring, MD 20910 11869$179,900$207311 days
1900 Lyttonsville Rd Unit 110Silver Spring, MD 20910 —1577$125,000$216119 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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