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Gaithersburg MD Real Estate
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 Gaithersburg Maryland is a bustling and diverse city of over 50,000 residents. It is located to the northwest of Rockville, the county seat of Montgomery County, and was incorporated in 1878. Its major technologies include telecommunications, biotechnology and software development. Because Gaithersburg is very near to Washington DC, it often plays host to important visitors, both foreign and domestic.
Gaithersburg MD sponsors many cultural events throughout the year, including the county fair, musical and theater group performances and other special events. Art exhibits may be found in various city locations, year round. In the summer, Gaithersburg hosts the Celebrate Gaithersburg in Olde Towne Street Festival. Citizens gather in the city’s Olde Towne district to celebrate its heritage and enjoy entertainment, food and exhibits, while socializing with friends and neighbors.
To celebrate the Holiday Season, folks come from miles around to view the famous Winter Lights displays. Gaithersburg’s Winter Lights run along a 3.5 mile strip and include extraordinarily beautiful and artistic scenes.
Education
Gaithersburg’s schools are part of the Montgomery County Public Schools district. There are more than 15 public elementary schools, five middle schools and three high schools, as well as several private and religious schools.
Gaithersburg MD Real Estate
In the quarter ending March 2008, the average listing price in Gaithersburg MD was $479,266, up 22.4% from the previous quarter. There were 115 homes sold.
 There are still many real estate deals to be had in this great city, but you need a local market expert to help you. Rick Thompson is an experienced real estate professional who has had more than 15 of home buying and selling experience in the Gaithersburg MD area, overseeing more than 900 real estate transactions. Over the past few years we have built a complete team to serve you better! We are never to busy for you or your refferals. For true local and knowledgeable service in the Gaithersburg MD real estate market, contact Rick directly at (301) 758-1059 or fill in the form below.
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Keeping An Eye on The Market in Gaithersburg MD
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20886 |
2008 |
2007 |
% Change |
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Average Sold Price: |
$299,971 |
$341,993 |
-12.29% |
Total New Listings: |
81 |
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Total Units Sold: |
42 |
49 |
-14.29% |
Total Properties Marked Contract: |
25 |
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Avg. Days On Market: |
124 |
59 |
110.77% |
Total Properties Market Contingent Contract: |
20 |
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Avg Sale Price as a % of Avg List Price: |
91.14% |
95.85% |
-4.71% |
Total Number of Active Listings: |
352 |
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20882 |
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Average Sold Price: |
$539,900 |
$573,250 |
-5.82% |
Total New Listings: |
15 |
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Total Units Sold: |
10 |
14 |
-28.57% |
Total Properties Marked Contract: |
5 |
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Avg. Days On Market: |
161 |
96 |
67.71% |
Total Properties Marked Contingent Contract: |
3 |
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Avg Sale Price as a % of Avg List Price: |
91.8% |
95% |
-3.2% |
Total Number of Active Listings: |
113 |
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20879 |
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Average Sold Price: |
$320,575 |
$340,650 |
-5.89% |
Total New Listings: |
60 |
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Total Units Sold: |
24 |
18 |
33.33% |
Total Properties Marked Contract: |
14 |
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Avg. Days On Market: |
132 |
84 |
57.14% |
Total Properties Marked Contingent Contract: |
8 |
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Avg. Sale Price as a % of Avg. List Price: |
92.27% |
97.27% |
-5% |
Total Number of Active Listings: |
250 |
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20878 |
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Average Sold Price: |
$524,480 |
$566,185 |
-7.37% |
Total New Listings: |
87 |
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Total Units Sold: |
55 |
80 |
-31.25% |
Total Properties Marked Contract: |
25 |
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Avg. Days On Market: |
85 |
71 |
19.72% |
Total Properties Marked Contingent Contract: |
32 |
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Avg. Sale Price as a % of Avg. List Price: |
93.99% |
96.18% |
-2.19% |
Total Number of Active Listings: |
365 |
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20877 |
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Average Sold Price: |
$335,938 |
$392,844 |
-14.49% |
Total New Listings: |
73 |
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Total Units Sold: |
18 |
25 |
-28% |
Total Properties Marked Contract: |
15 |
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Avg. Days On Market: |
114 |
84 |
35.71% |
Total Properties Marked Contingent Contract: |
12 |
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Avg. Sale Price as a % of Avg. List Price: |
93.07% |
95.58% |
-2.51% |
Total Number of Active Listings: |
279 |
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Questions about Gaithersburg?
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If you would like assistance in matching Gaithersburg properties to neighborhoods to schools, call Rick at the above phone number or fill out the form below.
We'd love to hear from you!
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