Gaithersburg MD Homes For Sale
Located in Montgomery County, Maryland, Gaithersburg is one on DC Metro's major cities with a population of some 60,000 residents. Gaithersburg was settled in 1765 and incorporated in 1878. While the majority of residential development occurred after the turn of the century, there's still a number of structures dating back to the late 1800's, mostly situated in the historic Olde Town section with its beautiful Victorian structures. For more information about Gaithersburg MD homes for sale, take a closer look at the active home listings below:
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These days Gaithersburg is a thriving community, melding classic suburban subdivisions with newer urban corridors that promote innovative mixed-use developments. With over ten square miles of land, the city has been a leading proponent of New Urbanism communities, including Crown Farm, Science City and Watkins Mill Town Center, all of which are currently in the construction phase.
As for the existing real estate market, Gaithersburg is one of the more affordable options in Montgomery County. Luxury condo and town home properties outnumber single-family homes by almost two-to-one, and the median sales price is $314,000. That's a healthy cut above the median list of $300,000 and represents a 10.7% gain during 2012, the first meaningful year of recovery since an extended price decline initiated by 2008's national housing crash.
While median values in Gaithersburg remain competitive, there's still pricy single-family homes reaching into the $800,000 range, particularly in the Quince Orchard neighborhood toward the southern border. Another upscale area is Kentland which was one of Gaithersburg's first New Urban communities, constructed on old farmland in 1988. All in all, Gaithersburg has much to offer with great schools, malls and restaurants, and a city government dedicated to smart sustainable growth.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2018.
Listing information last updated on December 16th, 2018 at 7:16pm EST.