Available in Gaithersburg
Guide to Homes for Sale in Gaithersburg, MD
Gaithersburg is a city located in Montgomery County, Maryland. It is the fourth largest city in the state and is located to the northwest of Washington, DC. Gaithersburg offers a water park, global institutions, historical landmarks and affordable housing, all within easy access of DC and other cities in northern Virginia.
Gaithersburg on a Map
Gaithersburg is roughly belted by Darnestown Road to the south, Shady Grove Road to the east, Route 124 to the north, and Longdraft Road to the west. Montgomery Village borders the city to the north, Washington Grove, Derwood, and later Redland to the east, North Potomac to the south, and Germantown to the northwest. Rockville and DC are also a short drive away.
Homes for Sale in Gaithersburg
Since Gaithersburg is one of the largest cities in Maryland, you’ll find an excitingly diverse population living in a mixture of housing types in warm, welcoming neighborhoods. You can find everything from detached single-family homes and townhouses to apartment buildings and condominiums. Some architectural styles that can be found here are Colonials, contemporary and ranch homes.
Things to Do in Gaithersburg
Lakeforest Mall is located on the northern edge of the city. Its two levels house over 160 stores, a food court and a children’s play area. Another terrific shopping center is Washingtonian Center, located on the southern end of the city. This lakefront mall features plenty of stores, restaurants, a movie theater, paddle boats and a walking trail. Some dining options at this center are California Pizza Kitchen, Uncle Julio’s and Copper Canyon Grill—a casual, family-friendly American chain restaurant known for its rotisserie chicken.
There are three great establishments for the family spattered around the city: Chuck E. Cheese’s, located on Frederick Avenue, offers arcade games, pizza parties, play zones and more. The second spot is ShadowLand Laser Adventures. Just down the street, this indoor laser tag amusement center features a multilevel landscape of mist, music, and colored lights. City of Gaithersburg Water Park at Bohrer Park features swimming pools with deep lanes, a shallow play area and a 250-ft. double waterslide.
Seneca Creek State Park is a state-owned, public recreation area encompassing around 6,000 acres. Located just on the outskirts of the city’s boundaries, this park has a devoted section for Clopper Lake. Boating and fishing are popular activities at this lake. The park also contains over 50 miles of trails that are variously used for hiking, biking, horseback riding, and skiing. Sections of Seneca Creek can be traveled by kayak, while there are also picnicking facilities, a tire playground, 27-hole golf course, and more. One of the park’s historic landmarks is the Black Rock Mill with interpretive exhibits featuring a history of area floods. The film, The Blair Witch Project was also partially filmed at this park and thus attracts tourists.
Traveling Around Gaithersburg
The spine of the city is Frederick Avenue, which runs north-south through the middle of the city and connects the area with Frederick, Rockville, and Washington, DC. Diamond Avenue and Quince Orchard Road are other important non-highway routes. I-270 and I-370 are also accessible roads in the city, with the latter a direct link to I-95. Maryland’s MARC system operates commuter rail services connecting the city to Washington, DC. There is a station in Old Town Gaithersburg, Metropolitan Grove, and Washington Grove, which is just outside city limits.
Making Your Home in Gaithersburg
Gaithersburg combines a respect for its heritage, demonstrated by the revitalization efforts in Old Town residential and commercial district, with thoughtful planning for new communities. Its proximity to MARC stations, major cities and its great entertainment and recreational activities also provide homebuyers with everything they need.
Real Estate Market Stats
Basic Stats Overview
Data Source: MRIS Listing Data, Last Updated: 2/20/2019
|Homes for Sale||188||0.0%||+5.3%|
|Solds: 90 Day||245||-21.6%||-17.1%|
|Average List Price/Sold Price||98.86%||-0.1%||+0.2%|
|90 Day Sold||$393,585||-4.3%||+4.4%|
|90 Day Sold||$355,000||-2.8%||+1.7%|
|Days on Market|
|90 Day Sold||61.99||-0.9%||+31.2%|
|Homes for Sale||94||+5.3%||+5.3%|
|Solds: 90 Day||97||-29.9%||+4.1%|
|Average List Price/Sold Price||99.00%||+0.1%||+0.2%|
|90 Day Sold||$536,569||-5.9%||+4.8%|
|90 Day Sold||$475,000||-9.5%||+1.5%|
|Days on Market|
|90 Day Sold||72.08||-1.3%||+34.3%|
|Homes for Sale||62||-17.7%||-6.5%|
|Solds: 90 Day||103||-16.5%||-30.1%|
|Average List Price/Sold Price||98.50%||-0.4%||-0.1%|
|90 Day Sold||$354,782||+3.1%||-4.5%|
|90 Day Sold||$331,000||+6.3%||+4.4%|
|Days on Market|
|90 Day Sold||58.99||+7.3%||+29.7%|
|Homes for Sale||32||+18.8%||+28.1%|
|Solds: 90 Day||45||-15.6%||-33.3%|
|Average List Price/Sold Price||99.57%||0.0%||+1.2%|
|90 Day Sold||$174,193||-4.2%||-2.7%|
|90 Day Sold||$145,678||-12.6%||-0.7%|
|Days on Market|
|90 Day Sold||47.11||-17.7%||+19.0%|
What does the most expensive home in Homes for Sale in Gaithersburg, MD look like?
15325 MASONWOOD DR, GAITHERSBURG, MD 20878
How about the least expensive?
108 DUVALL LN #60-204, GAITHERSBURG, MD 20877
216 LOWER COUNTRY DR, GAITHERSBURG, MD 20877
How Much is Available?Data Source: MRIS Listing Data, Active Inventory
The number of Homes for Sale in Gaithersburg, MD homes listed for sale. Lower inventory favors sellers in negotiations.
How Many Months of Inventory?Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Homes for Sale in Gaithersburg, MD divided by the number of homes sold in one month. Higher inventory favors buyers.
More Actives or More Pendings?Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Homes for Sale in Gaithersburg, MD listed for sale versus those under contract. The lower the number, the hotter the market.
Are Sellers Negotiating?Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Homes for Sale in Gaithersburg, MD versus their list price.
What is Average?Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Homes for Sale in Gaithersburg, MD
How Fast Are They Selling?Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Homes for Sale in Gaithersburg, MD homes that sold in the past 90 days.
The West Side
The west side of the city has many neighborhoods that were designed with smart growth techniques and embrace new urbanism. These include the award winning Kentlands community, and the Lakelands community. Three new communities,Crown Farm, Watkins Mill Town Center (Casey East and West), and the massive "Science City" are under construction. The state has a light rail line, Corridor Cities Transitway planned for the western portion of the city starting at Shady Grove Metro Station and connecting all the high density western neighborhoods with 8 total stops planned in the city. The National Institute of Standards and Technology is headquartered here. Major employers include IBM, Lockheed Martin Information Systems and Global Services business area headquarters, AstraZeneca and Sodexo.
The all time best! The fried chicken will knock your socks off. Local establishment run by great people. Live music, too.