Market Update for September

Let’s take at look at the numbers for single-family homes and condos that sold between $100,000 and $5,000,000 in September in the Baltimore-Washington, DC region and see how they compare to a year ago.

Washington, DC

  • 552 homes sold, up from 409 in September 2008
  • The median sales price was $371,568, down from $389,900 in September 2008
  • The average days on market for homes sold was 94 days, up from 82 days in September 2008
  • On average, homes sold at 91.78% of the list price, in September 2008 it was 93.78%

Fairfax County, Fairfax City, Arlington County, Alexandria City & Falls Church City, VA

  • 1,684 homes sold, up from 1,650 in September 2008
  • The median sales price was $375,000, up from $348,250 in September 2008
  • The average days on market for homes sold was 63 days, down from 93 days in September 2008
  • On average, homes sold at 94.67% of the list price, in September 2008 it was 92.56%

Montgomery County

  • 859 homes sold, up from 768 in September 2008
  • The median sales price was $330,000, down from $350,000 in September 2008
  • The average days on market for homes sold was 83 days, down from 101 days in September 2008
  • On average, homes sold at 91.50% of the list price, in September 2008 it was 91.31%

Prince George’s County

  • 662 homes sold, up from 546 in September 2008
  • The median sales price was $212,925, down from $266,000 in September 2008
  • The average days on market for homes sold was 133 days, down from 141 days in September 2008
  • On average, homes sold at 88.54% of the list price, in September 2008 it was 89.98%

Greater Baltimore: Anne Arundel, Baltimore City & County, Carroll, Harford, Howard

  • 2,117 homes sold, up from 1,931 in September 2008
  • The median sales price was $236,000, down from $255,000 in September 2008
  • The average days on market for homes sold was 116 days, down from 124 days in September 2008
  • On average, homes sold at 90.81% of the list price, in September 2008 it was 90.03%

We pulled the numbers in this post from MRIS.

Dig Deeper Into the Trends

These numbers county-level trends. To see what’s happening in your neighborhood, check out our stats & trends pages.