Property prices for sale in Montgomery Village (Maryland)

The prices in real estate in Montgomery Village, in the Maryland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$350,728.67
Average price last 6 months
$1,859.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Montgomery Village has increased strongly during the last 6 months. In November, the average price per sq.feet was $179. In the following month the price per sq.feet increased considerably to $219. The price for the following two months in (January, February) had a considerable increment of 992 %. The price per sq.feet has had a considerable increase of 313 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,086.5 to $3,404.5 during March, and April.

Average price

Based upon to the price in Montgomery Village (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $343,127. In December This price remains at $334,218. In the following two months the average price has remained the same with regard to the previous two months from $338,672.5 to $325,998. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $369,252 they are 55 % more affordable than the average price for Montgomery Village. The properties with the highest average price have 1 bedroom, Their price is 144 % more costly than the average. After that we have properties with 4 bedrooms priced at $616,253.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $158 / sq.feet, with an average $400 / sq.feet price in Montgomery Village. The properties with the highest average prices have 4 bedrooms. They are 642 % more expensive than the average followed by properties with 1 bedroom with a price at $510 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $369,252 it is 66 % cheaper than the average price in Montgomery Village. "Office" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $521,763 it is 146 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $1,209 / sq.feet followed by "House" priced at $5,265 / sq.feet. "Commercial" is the most costly type of property with a $48,378 / sq.feet cost followed by "Office" with an average price of $30,813 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Montgomery Village
Number of properties used in region Maryland
$369,252
$400
616
366,098
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
The Verandahs Apartments 1 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
 20
The Verandahs Apartments 1 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
$1,430
Montgomery Village, Maryland - For Rent - Apartment - 938 sq.feet - 1 bedroom - 1 bathroom
The verandahs is a 186-unit apartment community located in montgomery village, maryland with one, two, and three bedroom apartments for rent. The community is just...
The Verandahs Apartments 3 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
 20
The Verandahs Apartments 3 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
$1,736$1,759
Montgomery Village, Maryland - For Rent - Apartment - 1,164 sq.feet - 3 bedrooms - 2 bathrooms
The verandahs is a 186-unit apartment community located in montgomery village, maryland with one, two, and three bedroom apartments for rent. The community is just...
The Verandahs Apartments 2 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
 20
The Verandahs Apartments 2 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
$1,794
Montgomery Village, Maryland - For Rent - Apartment - 1,117 sq.feet - 2 bedrooms - 2 bathrooms
The verandahs is a 186-unit apartment community located in montgomery village, maryland with one, two, and three bedroom apartments for rent. The community is just...
The Verandahs Apartments 2 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
 20
The Verandahs Apartments 2 Bedroom Apartment For Rent At 9308 Willow Creek Dr, Montgomery ...
$1,739
Montgomery Village, Maryland - For Rent - Apartment - 1,131 sq.feet - 2 bedrooms - 2 bathrooms
The verandahs is a 186-unit apartment community located in montgomery village, maryland with one, two, and three bedroom apartments for rent. The community is just...
The Best Of The Best In The City Of Montgomery Village! Save Big!
 1
The Best Of The Best In The City Of Montgomery Village! Save Big!
$1,950
Montgomery Village, Maryland - For Rent - Apartment - 3 bedrooms - 1 bathroom
Beautiful end unit townhouse in heart of montgomery village offers 3 bedrooms, two full bathrooms and two half bath. Fully finished basement. Fresh paint and new...