MyMarketPulse (mymarketpulse.com) has unveiled its analysis for January 2025, focusing on the property market trends in Montgomery County, Maryland.
According to the latest data, Montgomery County’s Median Sale Price was pegged at $789,000, showing a decrease of 1.6% from the preceding month and a rise of 7.7% from the year before.
During this period, 227 homes were sold in the area, reflecting a decrease 42.4% compared to the month beforeand and an increase of 2.3% from the same month in the previous year.
Additionally, the Median Days on Market for listings was observed at 46 days, 8 days longer compared to the previous month and longer by 10 days from last year.
With the Market Pulse Score sitting at 85, the trend in Montgomery County’s housing market seems to be falling.
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