The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Montgomery County, Maryland’s real estate market for November 2024.
The Median Sale Price for properties in Montgomery County was documented at $792,500 for November 2024. This price point is a downward move of 0.9% from the previous month and shows a 4.3% rise from the year before.
A total of 364 homes were sold in the region, indicating a decrease of 18.8% from last month and a rise of 6.4% when compared with a year ago.
The Median Days on Market for homes in Montgomery County stood at 29 days, which is an increase of 4 days days over the previous month and up by 2 days day from the previous year.
Montgomery County’s Market Pulse Score currently stands at 97 indicating a falling trend for the market.
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