How does the housing market look in 20882? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
20882 Gaithersburg, MD
Median Sale Price
$800,000
11.9%
New Listings
8
50.0%
Number of Homes Sold
8
Median Days on Market
24
500.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in 20882, Gaithersburg, MD sold for a median price of $800,000, down 11.9% compared to the same period last year. The median price per square foot was $208.02, up 13.1% year-over-year. There were 8 homes sold, same as last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 20882, Gaithersburg, MD was 23, down 20.7% compared to last year. In the last 30 days, 8 new homes were listed for sale, down 50% year-over-year. The median days on market was 24, up from 4 days last year. The months of supply was 1.38, down from 1.5 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 20882, Gaithersburg, MD had a median sale-to-list-price ratio of 102.87%, down 0.7 pt compared to the same period last year. 62.5% of homes sold above list price, down 12.5 pt year-over-year. 37.5% of homes listed dropped in price, up 37.5 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 20882
Keller Williams Realty Centre • MLS MDMC2085238 • Status: Active
The Agency DC • MLS MDMC2086278 • Status: Active
Roger Fairbourn Real Estate • MLS MDMC2085898 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDMC2082972 • Status: Active
Samson Properties • MLS MDMC2081274 • Status: Active
Patriot Realty, LLC • MLS MDMC2080416 • Status: Active
RLAH @properties • MLS MDMC2078106 • Status: Active
Patriot Realty, LLC • MLS MDMC2063146 • Status: Active
Patriot Realty, LLC • MLS MDMC2063134 • Status: Active