The Long & Foster Market Minute

Focus On: Montgomery County Housing Market May 2020

Units Sold
0
Active Inventory
0
Median Sale Price
$0
Days On Market
0
NA
Vs. Year Ago
No Change
Vs. Year Ago
NA
Vs. Year Ago
Up
Vs. Year Ago

Units Sold
There were no units sold in April, with 0 sold this month in Montgomery County Real Estate. This month's total units sold was higher than at this time last year, an increase of 0% versus May 2019.

Active Inventory
The total number of homes available this month is 0 units, which is similiar compared to a year ago. This month's supply of available homes remained stable as compared to the previous month's supply.

Median Sale Price
Last May, the median sale price for Montgomery County Homes was $0. This May, the median sale price was $0, an increase of 0% compared to last year.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
0
Current Contracts
0
Sold Vs. List Price
0.0%
Months of Supply
0.0
Up
Vs. Year Ago
NA
Vs. Year Ago
Up
Vs. Year Ago
Up
Vs. Year Ago

Months of Supply
In May, there was 0.0 months of supply available in Montgomery County. That is an increase of 0% versus last month.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 0 homes newly listed for sale in Montgomery County compared to 0 in May 2019. There were 0 current contracts pending sale this May compared to 0 a year ago. The number of current contracts is higher than last May.

Sale Price to List Price Ratio
In May, the average sale price in Montgomery County was 0.0% of the average list price, which is higher than at this time last year.

Days on Market
This month, the average number of days on market was 0, which was higher than last year.

The Long & Foster Market Minute
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by Information included in this report is based on data supplied by the Roanoke Valley Association of REALTORS (RVAR) and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace as some brokerages choose not to provide transaction information. This may result in an understatement of completed sales and available listings. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of RVAR or Long & Foster Real Estate, Inc. or Long & Foster Real Estate, Inc.