20872: Damascus, MD

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Kate Groves

Neighborhood Specialist


Kathryn’s hobbies are martial arts and scrapbooking. She works part-time for a non-profit research institute and on the board of a mothers club in Damascus. Send an email.

Neighborhood Specialists are people who have volunteered to provide information about their neighborhood to users of RealtyInstitute.com. Find out more.

The Realty Institute Index

The Realty Institute Index calculates the buyer-seller balance for this zip code based on the previous month's real estate sales activity. The index varies from 0 (very cold) to 100 (extremely hot).

Current index:

21

Market characteristics:

Slow

What this means:

This area is experiencing a buyers' market, and properties do take some time to sell.


Real Estate Supply and Demand Analysis

Last month

Active home listings:

101

New contracts/mo:

11

Days inventory: (wt avg)

275


Home Sales Price Appreciation Analysis

Avg home price:

$447,100

vs. Year ago home price:
$422,478



167 homes for sale identified in this zip code

This chart displays the number of homes in Damascus listed by local realtors, agents, and real estate brokerages within each home price range and type. Click on the matrix to view these real estate listings.

$0-$250k

1

Detached

6

Townhouses

9

Condos

$250k-$400k

26

Detached

24

Townhouses

Condos

$400k-$600k

50

Detached

8

Townhouses

Condos

$600k-$800k

27

Detached

Townhouses

Condos

$800k-$1.2mm

13

Detached

Townhouses

Condos

$1.2mm+

6

Detached

Townhouses

Condos


Facts about Damascus

Total Population:

11,955

Ages 0-14(%):

26.14%

Female(%):

51.09%

Ages 15-24(%):

12.71%

Male(%):

48.91%

Ages 25-44(%):

30.05%

Median Hshld Income:

$74,631

Ages 45-54(%):

15.68%

Avg Hshld Size:

2.99

Ages 55plus(%):

15.42%

Avg Hshld Income:

$81,887

HS Diploma(%):

13.31%

Owner Occp(%):

85.89%

Bachelor's Degree(%):

15.52%

Tenant Occp(%):

14.11%

Professional Degree(%):

9.54%


Information and links for Damascus

The Credit Crisis…

a step by step explanation

The demise of condo flipping.

Over the years, a lot of easy money has been made by flipping condos. Today, this is behind us, and a lot of flippers will be losing money.

Get the latest on the Intercounty Connector

After much controversy and debate, the Intercounty Connector is finally moving forward. It will have a big impact on several Maryland suburbs and will fuel growth. Get the latest info here.

A Purple Line from Bethesda to New Carrolton?

Momentum seems to be quickly gathering behind some type of transportation link between Montgomery and Prince George’s County.

Rockville Town Center Development Continues to Move Forward

Construction continues on the Rockville Town Center, located at the corner of Rockville Pike and Beall Avenue. Throughout the area, such towncenters have added excitement to the local area. We predict that this will be the case in Rockville as well. Initial elements will open in late 2006 with the grand opening to occur in 2007.

All about Maryland - from sports to education to agriculture and more

Montgomery County's Resources

Check out links to all that Montgomery County Government has to offer.


Other Damascus links

All about Maryland - from sports to education to agriculture and more

Montgomery County's Resources

Play Montgomery - on-line guide to parks, recreation, and entertainment in Montgomery County, Maryland

Things to see and do in Montgomery County - helpful county links

Montgomery County Parks and Planning

All about Montgomery County, Maryland - Comprehensive resource guide

Montgomery County Public Schools web site

Cultural Alliance of Greater Washington

A Maryland State guide to attractions throughout the state

A guide to outdoor activities in Maryland

The Tech Council of Maryland

Metro and Metro Bus web site and trip planner

Calendar of events throughout the state of Maryland

The State of Maryland's guide to local Farmer's Markets

Washington Parent Magazine website

Montgomery College

Maryland Metro Transit Authority - bus and train routes, schedules and information

Farmers Markets in Maryland

The Boy Scouts of America, National Capital Area

Lists of tourist attractions in Maryland

A resource guide to festivals in Maryland

Maryland's Department of Human Services - home energy programs

The Washington Redskins web site

Gifted & Talented Ass'n of Montgomery County - Yahoo discussion group

Traffic bottlenecks in Montgomery County - report by the County Park & Planning Department


Zip codes near Damascus

20871: Clarksburg, MD

20876: N Germantown (Neelsville), MD

20882: Laytonsville, MD

21754: Ijamsville, MD

21770: Kemptown/Monrovia, MD

21771: Mount Airy, MD


The largest neighborhoods in Damascus

Damascus Outside

Kings Bridge

Damascus Valley Park

Damascus Manor

Sweepstakes

Ridgeview

Clearspring Manor

County View

Greenhills

Green Hills

Spring Garden Ests

Magruder Valley Village

Damascus Gardens

Mt Radnor Heights

Magruders Overlook


Comments about Damascus

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News on Damascus

Provided by local newspapers



Corus Home Realty

Information deemed reliable but not guaranteed, and should not be relied upon without verification.
RealtyInstitute.com and The Realty Institute are properties of Corus Home Realty.
Copyright 2006, Corus Home Realty

Map of Damascus, 20872

Full screen or click and drag to move.

Featured real estate listings:

Click for details

Sweepstakes

$492,455

5BR 2FB 1HB
Click for aerial map.

Click for details

Damascus Gardens

$219,000

2BR 2FB 0HB
Click for aerial map.