The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Montgomery County, Maryland’s real estate market for March 2024.

According to the latest data, Montgomery County’s Median Sale Price was pegged at $800,000, showing an increase of 6.7% from the preceding month and a rise of 12.7% from the year before.

A total of 354 homes were sold in the region, indicating an increase of 40.5% from last month and a drop of 3.5% when compared with a year ago.

The Median Days on Market for homes in Montgomery County stood at 12 days, which is a decrease of 3 days days over the previous month and down by 9 days day from the previous year.

The Market Pulse Score for Montgomery County is presently at 87, signaling a downward trajectory in the market’s activity.

For more information about the Montgomery County, Maryland market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

MyMarketPulse – What the Pros Know

The March 2024 real estate analysis for Montgomery County, Maryland, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.

March 2024’s data reveals a Median Sale Price of $800,000 for homes in Montgomery County. This figure represents a growth of 6.7% month-over-month and a 12.7% year-over-year decrease.

During this period, 354 homes were sold in the area, reflecting an increase 40.5% compared to the month beforeand and a decrease of 3.5% from the same month in the previous year.

Additionally, the Median Days on Market for listings was observed at 12 days, 3 days shorter compared to the previous month and shorter by 9 days from last year.

Currently, with a Market Pulse Score of 87, Montgomery County’s real estate market appears to be experiencing a downtrend.

For more information about the Montgomery County, Maryland market, visit MyMarketPulse.com.

MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.

MyMarketPulse – What the Pros Know