Homes for Sale in Montgomery County
Homes for Sale in Montgomery County

Montgomery County, MD

Montgomery County, MD Real Estate

Guide to Homes for Sale in Montgomery County

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Montgomery County is the most populous county in the state of Maryland. Montgomery is mostly renowned for its diverse housing stock, well-educated residents and being one of the most affluent counties in the U.S.

Montgomery County on a Map

When Montgomery County was created in 1776, its boundaries were defined as being near the beginning of the east side of the mouth of Rock Creek on the Potomac River, and running to the mouth of Monocacy. Near the cities of Bethesda and Silver Spring sits the district line of Washington, DC. The Potomac River—as well as the Virginia state line—flows towards the western end of the county, while Columbia is to the east, and Green Valley is to the north. Adjacent counties include Frederick, Fairfax, Loudoun and Carroll Counties.  

Living in Montgomery County, MD

One of the main attractions of Montgomery County is the amount different types of neighborhoods. From vibrant, urban commercial centers like Bethesda, to tight-knit rural towns like Poolesville, Montgomery County offers a community to suit every business, every worker and every lifestyle. Each community is also notable for following a master plan derived from the county, creating comprehensive views of the land for extensive development.

Things to Do in Montgomery County

The majority of Montgomery County’s well-known restaurants, bars, music venues, and other entertainment establishments are primarily found in popular urban commercial centers like Bethesda, Silver Spring and Rockville. Bethesda Crab House is a no-frills crab house serving Maryland steamed crabs, crab cakes and more. La Panetteria is a trattoria serving hearty Italian cuisine in a space with stucco walls, framed classical art, and an atrium. A&J Restaurant in Rockville is a fantastic Chinese restaurant serving traditional dim sum and other Chinese dishes that are plated in a spare, simple setting.

Honey Pig Restaurant is a lively Korean BBQ joint in Germantown with industrial décor and diners grilling meats off tabletops. As far as entertainment options go, the Mansion at Strathmore is a beautiful art gallery and music establishment offering performing arts while hosting a diverse range of global musicians in a modern, glass-enhanced setting. Imagination Stage in Bethesda offers theater arts and education for children. For concerts, it’s hard to beat The Fillmore, a big-name, live music venue featuring national and international acts.

Enjoying the Great Outdoors in Montgomery County

Sligo Creek Golf Course is just up the street from Downtown Silver Spring and is one of many golf courses located within the county. Montgomery also boasts numerous neighborhood, local, and state parks all scattered throughout the area’s boundaries. Rock Creek Regional Park is a large parkland in Derwood and offers multiple hiking trails, lakeshore wildlife-watching, plus playgrounds and boat rentals. Also located at this park are Go Ape Zip Line and Treetop Adventures.

Water Park at Bohrer Park in Gaithersburg features an outdoor swimming pool with deep lanes and shallow play areas and a 250-foot double waterslide. In Potomac, there is the Blockhouse Point Conservation Park, a 630-acre riverside park offering trails, wildlife-watching, native flora and Civil War ruins.

Traveling Around Montgomery County

I-495 and I-270 are the two main interstates in Montgomery County, with the latter approximately bisecting the county to the northwest and to the southeast. Other major routes are Route 27, 28, 97, 185, 190 and 355. WMATA’s Metrobus services the entire county while Amtrak stops can be found in Rockville. Both suburban arms of the Red line of the Washington Metro serve Montgomery County and commercial air service is provided at the nearby Reagan National Airport, Dulles and BWI.

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Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 5/25/2015
M/M 3M/3M
Homes for Sale 27 -33.3% -7.4%
Months Inventory 3.38 -29.0% -15.7%
Contracts Pending 19 +36.8% +36.8%
Solds: 90 Day 22 +13.6% +13.6%
Average List Price/Sold Price 98.97% +0.7% +0.7%
Active/Pending Ratio 1.42 -111.3% -70.4%
Average Price M/M 3M/3M
Active $768,533 -3.5% +19.8%
Pending $568,589 -1.7% -6.9%
90 Day Sold $488,733 +4.7% -26.0%
Median Price
Active $479,900 -11.4% -1.9%
Pending $525,000 +1.0% +0.1%
90 Day Sold $465,000 +22.3% -38.7%
Days on Market
Active 82.56 +39.0% +41.1%
Pending 25.63 -94.1% -42.1%
90 Day Sold 39.09 -14.6% -42.3%
M/M 3M/3M
Homes for Sale 6 -33.3% +50.0%
Months Inventory 3.13 -22.7% +49.8%
Contracts Pending 2 N/A -50.0%
Solds: 90 Day 3 0.0% -66.7%
Average List Price/Sold Price 98.61% 0.0% -0.8%
Active/Pending Ratio 3.00 N/A +66.7%
Average Price M/M 3M/3M
Active $1,261,650 -14.4% +14.0%
Pending $807,000 N/A -31.7%
90 Day Sold $779,000 0.0% -5.0%
Median Price
Active $1,273,500 -1.3% +25.5%
Pending $807,000 N/A -17.7%
90 Day Sold $710,000 0.0% -5.2%
Days on Market
Active 62.83 +39.7% +63.4%
Pending 5.00 N/A -220.0%
90 Day Sold 10.33 0.0% -188.5%
M/M 3M/3M
Homes for Sale 6 -16.7% +16.7%
Months Inventory 4.24 -4.2% +25.5%
Contracts Pending 5 +60.0% +80.0%
Solds: 90 Day 1 -100.0% -400.0%
Average List Price/Sold Price 98.69% +1.1% +0.5%
Active/Pending Ratio 1.20 -191.7% -316.7%
Average Price M/M 3M/3M
Active $1,233,300 +3.0% +9.0%
Pending $825,078 -24.3% +16.5%
90 Day Sold $680,000 -3.3% -23.1%
Median Price
Active $1,257,450 -3.0% -1.4%
Pending $815,000 -25.8% +15.5%
90 Day Sold $680,000 -3.3% -1.5%
Days on Market
Active 127.33 +34.0% +51.8%
Pending 7.80 -60.3% +23.1%
90 Day Sold 6.00 -358.3% -396.7%
M/M 3M/3M
Homes for Sale 15 -40.0% -40.0%
Months Inventory 3.21 -42.7% -67.0%
Contracts Pending 12 +16.7% +33.3%
Solds: 90 Day 18 +22.2% +50.0%
Average List Price/Sold Price 99.11% +0.9% +2.2%
Active/Pending Ratio 1.25 -68.0% -110.4%
Average Price M/M 3M/3M
Active $385,380 -7.6% -11.4%
Pending $421,983 -15.9% -1.3%
90 Day Sold $429,729 +15.1% +11.3%
Median Price
Active $396,000 -9.8% -8.1%
Pending $402,000 -24.3% +8.0%
90 Day Sold $373,250 +12.9% +4.9%
Days on Market
Active 72.53 +39.5% +32.0%
Pending 36.50 -56.7% -31.2%
90 Day Sold 45.72 -19.5% -84.4%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Homes for Sale in Montgomery County homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Homes for Sale in Montgomery County divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Homes for Sale in Montgomery County listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Homes for Sale in Montgomery County versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Homes for Sale in Montgomery County

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Homes for Sale in Montgomery County homes that sold in the past 90 days.

Montgomery County Neighborhoods

Silver Spring, MD
333 Homes for Sale
Today's Median Price $389,000
Kensington, MD
39 Homes for Sale
Today's Median Price $560,000
Homes for Sale in Rockville, MD
217 Homes for Sale
Today's Median Price $450,000
Homes for Sale in Gaithersburg, MD
193 Homes for Sale
Today's Median Price $365,000
Homes for Sale in Germantown, MD
110 Homes for Sale
Today's Median Price $287,000
Homes for Sale in Clarksburg, MD
96 Homes for Sale
Today's Median Price $456,829
Homes for Sale in Bethesda, MD
246 Homes for Sale
Today's Median Price $895,000
Potomac, MD
159 Homes for Sale
Today's Median Price $1,217,500
Homes for Sale in Montgomery Village
115 Homes for Sale
Today's Median Price $290,750
Homes for Sale in North Bethesda, MD
31 Homes for Sale
Today's Median Price $545,000
Homes for Sale in Boyds, MD
19 Homes for Sale
Today's Median Price $587,500
Burtonsville, MD
34 Homes for Sale
Today's Median Price $320,000
Homes for Sale in Chevy Chase, MD
96 Homes for Sale
Today's Median Price $959,000
Damascus, MD
18 Homes for Sale
Today's Median Price $355,000
Darnestown, MD
78 Homes for Sale
Today's Median Price $284,000
Derwood, MD
33 Homes for Sale
Today's Median Price $484,750
North Potomac, MD
108 Homes for Sale
Today's Median Price $489,450
Olney, MD
38 Homes for Sale
Today's Median Price $450,000
Poolesville, MD
15 Homes for Sale
Today's Median Price $557,500
Homes for Sale in Takoma Park
74 Homes for Sale
Today's Median Price $465,000
Montgomery County, Maryland Schools
1,823 Homes for Sale
Today's Median Price $440,000