MyMarketPulse (mymarketpulse.com) just released its analysis of the August 2024 market data for Montgomery County, Maryland.
The report shows that the Median Sale Price in Montgomery County reached $794,000 as of August 2024, marking a decrease of 5.5% over the previous month and a 2.5% rise compared to a year ago.
479 homes were sold, a decrease 6.3% from the previous month and an increase of 6.4% from the prior year.
The Median Days on Market was 26 days, up 4 days from the previous month and up 10 days from the prior year.
Currently, with a Market Pulse Score of 114, Montgomery County’s real estate market appears to be experiencing an upturn.
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.
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