Germantown MD Real Estate


Germantown MD gets its name from the large number of German business owners that settled here in the 1830s and 1840s.  In the last few years, Germantown has experienced a high growth rate.  It now has a population of over 55,000 citizens.  It is situated west of Baltimore and northwest of Washington DC.

Education

The public schools in Germantown are governed by the Montgomery County Public Schools system.  It has several elementary schools, four middle schools and two high schools.  Montgomery College has a campus in Germantown, as well.

Activities and Attractions

The BlackRock Center for the Arts plays host to the performing arts.  Seneca Schoolhouse, a quaint one-room schoolhouse established in 1865, is a local attraction.  It has been turned into a museum and is a reminder of earlier days of education in the area. 

South Germantown Recreational Park provides open space and parkland for recreational activities.  The park’s rolling hills were once part of a working dairy farm. State-of-the-art facilities offer visitors a variety of leisure activities including hiking, biking, archery, miniature golf, swimming, soccer, picnicking, and adventure play.

Nearby Washington, DC provides many cultural opportunities, including museums, art galleries, theaters and a zoo.  Sporting events can also be enjoyed in Washington, including hockey (Washington Capitals), baseball (Washington Nationals), soccer (DC United) and basketball.

Germantown MD Real Estate

In the quarter ending March 2008, the average listing price in Germantown MD was $324,682, down 12.8% from the previous quarter.  There were 65 homes sold. 
 
There are still many real estate deals to be had in Germantown, 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 Germantown 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 Germantown MD real estate market, contact Rick directly at (301) 758-1059 or fill in the form below.


Keeping An Eye on The Market in Germantown MD


20876

2008

2007

% Change

 

 

Average Sold Price:

$360,422

$379,484

-5.02%

Total New Listings:

47

Total Units Sold:

25

28

-10.71%

Total Properties Marked Contract:

13

Avg. Days On Market:

121

72

68.06%

Total Properties Market Contingent Contract:

15

Avg Sale Price as a % of Avg List Price:

92.14%

95.75%

-3.61%

Total Number of Active Listings:

212

20874

 

 

 

 

 

Average Sold Price:

$351,062

$364,037

-3.56%

Total New Listings:

140

Total Units Sold:

72

99

-27.27%

Total Properties Marked Contract:

43

Avg. Days On Market:

91

69

31.88%

Total Properties Marked Contingent Contract:

38

Avg Sale Price as a % of Avg List Price:

93.72%

96.45%

-2.73%

Total Number of Active Listings:

543

  • Statistics are for the month June   
  •  Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
    Copyright 2008 - Information deemed reliable, but is not guaranteed.

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If you would like assistance in matching Germantown properties to neighborhoods to schools, call Rick at the phone number given above or fill out the form below. 

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Phone: 301-758-1059
Other: 301-758-2679
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Fax: 301-253-0214

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