July brought some interesting shifts to Montgomery County's real estate scene. According to GCAAR, homes took an average of 30 days to sell — that's eight days longer than we saw last year. New listings edged up by 5.1%, reaching 961 properties. While the median sold price nudged down slightly to $656,000 (a 0.6% dip), the average sale price actually climbed 3.3% to $870,069. With 4,700 active listings and 3.5 months of supply, buyers and sellers alike are navigating a market in motion. As someone who thrives on negotiation and helping clients win, I always keep a close eye on these trends to create the best possible strategies for each move. If you're weighing your next step in Montgomery County, knowing how these numbers play together is key.
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