Price Cuts Low in Montgomery Village Real Estate Market

There were 42 homes sold in the Montgomery Village market over the last 30 days. During the same period, the number of price reductions fell to their lowest level since July at 51. In comparison, Germantown had 75 price reductions in the same time frame, the most of all nearby cities. Potential buyers should note that prices are coming down in Montgomery Village, and for this period the median sales price slid from $260,000 to $254,000. Along with the downward trend in price reductions, a relatively low three months of inventory indicates that Montgomery Village is a seller's market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Montgomery Village:

$264K   $474K   $169K  

Get started right now by checking out Montgomery Village homes for sale or reviewing Montgomery Village real estate trends.

Demographic facts about Montgomery Village:

  • This area has a rating of 61 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • This area has a property tax of $12.02/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (15.1%), 15-29 min (29.8%), 30-44 min (23.4%), 45-59 min (12.6%), >60 min (19.1%).

Data reported through 10/12/2016

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