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November 28, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Derwood, Maryland

Reported by Yvette Chisholm, Associate Broker, CRS, GRI, ePRO, ABR

Updated November 16, 2009.

Current Market Rating: 1



1
2
3
4
5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

There are 27 single family detached properties on the market in Derwood. The average asking price of active listings right now is $508,730 (lower). The highest price single family home is listed at $849,900.

An unstable market with a decrease in recent activity is what Derwood is experiencing. Buyers are driving the market in Derwood and sellers are awaiting direction. If you are purchasing a home in Derwood check out the ICC progress. It seems that construction is starting.

Go to my website and get an Instant Snapshot of the Market in Your Neighborhood. Remember, pricing combined with property condition is very important right now. A professional REALTOR can help you understand the delicate market and help you negotiate the best price and terms. My best advice is to hire an experienced sought after agent who understands your market.

In Montgomery County, Maryland today there are 2955 active listings. It is important to note that the average sale prices and median home prices are increasing in Montgomery County. A contributing factor is the number of new homes coming into the market. In many established neighborhoods there is significant decline in pricing.

There are many opportunities for buyers that were not available in the past five years. Sellers are cautioned to price their homes fairly and present them in the best condition possible BEFORE putting them on the market.
As a licensed Associate Broker, I would be delighted to speak with you and answer any questions that you have regarding real estate in Montgomery County, Northern Virginia, and the DC area.

If you would like an answer to real estate question - contact me anytime! Please visit my website www.ClientsRefer.com to find information about the area; search for homes; an instant local market information; to receive automatic emails for new listings; and view our featured homes! I would be pleased to assist you with relocation questions or information too!


ZIP Code: 20855

Approximate Location Boundaries: East of Rockville, South and East of Gaithersburg, Maryland

Location Characteristics: Close to Rockville and the Shady Grove Metro, Conveniently Located in Central Montgomery County

For More Information:

View Market Conditions of other areas served by Yvette Chisholm, Associate Broker

Navigate: Top > Maryland > Derwood

About Yvette Chisholm, Associate Broker:
Consistently Top Producing Associate Brokers, with Excellence in Customer Service, and National Sales Awards. Their reputation for integrity, honesty, and hardwork exemplifies their business philosophy.

Alan has been practicing for more than 30 years and owned and managed his own brokerage (Century 21), worked as an appraiser, and in new home sales during his career, and is an expert negotiator. Yvette holds the designations of Certified Residential Specialist, Graduate Realtor Institute, Accredited Buyer Representative, Seniors Real Estate Specialist, and e-PRO. She is a marketing expert and professionally certified as a business trainer and counselor. She is excellent at positioning and negotiating.

Both Alan and Yvette are Licensed Associate Brokers with Long ad Foster Real Estate,Inc. in Maryland, Virginia, and the District of Columbia.




These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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