Your Maryland Real Estate Specialists

Montgomery County Real Estate Market Update

Get the Winning Edge with Grant, Weston, & Jim Bim

More homes hit the Montgomery County market in October, far fewer settled, and yet the median price barely moved.

That's a big shift from this time last year. With new listings up and closed sales down sharply, you might expect prices to drop, but they're holding firm around $625K. What we're seeing is a return to a more normal, more competitive market, and in this market, strategy makes all the difference.

Montgomery County By The Numbers

Year Over Year

▲ 15%

New Listings

1,095 homes came to market vs. 950 last October

▼ 34%

Closed Sales

557 homes settled vs. 844 last October

$625K

Median Sales Price

Essentially unchanged from last year

22 Days

Median Days on Market

Compared to an average of around 50 days

This Month's Big Winners

Top Overall Market — Units

Silver Spring

Silver Spring once again led Montgomery County in October with 124 closed sales.

Top Luxury Market

Bethesda

Bethesda led the way in the luxury market with 45 closed sales.

What This Means If You're Selling

The good news: prices are holding steady at a median of $625K, and homes that are positioned right are selling in a median of 22 days. Homes that are simply put out there without a plan are averaging closer to 50 days.

With 15% more homes coming to market, competition for each buyer is growing. That means pricing it right and having the right strategy matters more than ever. Don't compare your home to what a neighbor sold for a year ago. Look at what's active today and what has sold in the last 30 to 60 days, and no further back than that.

What This Means If You're Buying

With new listings up 15% and closed sales down 34%, buyers have more choices and a bit more breathing room than they did a year ago.

Montgomery County is full of niche markets, though, and prices haven't dropped. Get experienced guidance on what's happening in the specific neighborhoods you're considering so you don't end up paying last year's prices, especially in active areas like Silver Spring and Bethesda.

Ready to Make a Move in Montgomery County?

Whether you're selling for the most the market will bear or buying without overpaying, we've been guiding Montgomery County buyers and sellers since 1983. Let our experience help you be the big winner in your transaction.

Call 410-461-2800

Grant Bim, Weston Bim & Jim Bim — Winning Edge Real Estate

Jim Bim November 03, 2026

Welcome to Winning Edge Real Estate a Family Owned and Operated Real Estate Brokerage where Winning Matters. We serve all of your real estate needs in and around the Baltimore / Washington Corridor. The Company is run by Jim Bim, Broker of Record, his son's Grant Bim and Weston Bim are Sales people within the company. Jim, Grant and Weston work to help their Sellers & Buyers accomplish their real estate goals while the Office Manager, Valerie Bim, and our Assistant, Kimberly make sure that homes go from "FOR SALE" to "SOLD" smoothly while making sure to keep you informed every step of the way. As real estate specialists we are experts in representing both home Sellers and home Buyers. We can help with general residential home / town home / condo resale, new homes, custom home construction, land sale, sub dividing acreage, as well as investment property. We are very knowledgeable of Howard County, Maryland as we have lived in the area for 40+ years. Due to our clients moving throughout the state, we also are very knowledgeable of Anne Arundel County, Carroll County, Frederick County, Baltimore County and Montgomery County. We actively work on a daily basis in areas that include: Fulton, Ellicott City, Columbia, Mount Airy, Clarksville, Woodstock, Jessup, Marriottsville, Glenelg, Glenwood, West Friendship, and everywhere in between. We also service Western Baltimore County which includes Arbutus, Halethorpe, Catonsville, Owings Mills and Reisterstown. We provide a free Maryland Real Estate search where we feature Howard County, Carroll County, Baltimore County, and Anne Arundel County real estate that will allow you to find homes, condos, townhomes, new homes, luxury homes, or even acreage, lots, or investment properties. Do you want to invest for your future, but you are not sure how to make the leap to become a real estate investor? We can help you find the right money making property, rent your property, and manage your property. If you have the desire to be a real estate investor, then we have the knowledge and know how to get you to real estate investor success. Quick Stats/Highlights: 100% of asking price (average) 63+ active listings Serving: 8 Maryland counties Hundreds of 5-star reviews