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Trendsheets

Trendsheets

The Research and Special Projects Division (RSP) identifies and tracks demographic, housing, and economic trends to help inform planning and other initiatives throughout Montgomery County. As part of this mission, RSP publishes trendsheets that identify and analyze changes in the County’s population, housing, and office space. Trendsheets are intended to help fully inform the public and policy makers, as they make decisions that shape the future of Montgomery County.

Housing

The housing trendsheets report on median price sales trends in the County, region, and nation. This analysis is done considering other housing trends, such as for-sale inventory and mortgage interest rates. Major findings from the 1st quarter include:

  • In 2015, Montgomery County’s median home sales price was $400,000.
  • The number of housing units sold in 2015 reached 12,191 – the highest number since 2006.
  • The 2015 median home sale price in the DC metropolitan area was $410,000 – 2.5 percent higher than Montgomery County’s median home sale price of $400,000.
  • Montgomery County’s median home sale prices vary by zip code, ranging from a high of $897,000 to a low of $240,000.

Housing monitor, 2015, November 2016

Housing monitor, 1Q2014, March 2014

Housing monitor, 4Q2013, December 2013

Housing monitor, 3Q2013, August 2013

Housing monitor, 2Q2013, May 2013

Housing monitor, 1Q2013, February 2013

Demographics

The demographic trendsheets report the latest trend or subject relevant to current policy questions in Montgomery County. The latest topic in this series focuses on the educational attainment of County residents ages 25 and older. Major findings include:

  • Three out of five (57 percent) of residents age 25 years and older had a Bachelor’s or an advanced degree in 2012.
  • Montgomery County had the greatest number of residents with a professional or doctorate degrees (83,044 or 12 percent) in the Washington, D.C. region.
  • Residents with a graduate or professional degree earned $91,842, three times the median income of a high school graduate ($30,483), and 50 percent more than a college graduate ($60,668) in 2012. Regardless of education, women residents earned two-thirds the amount that men made.

Demographic monitor (Educational Attainment), 4Q2013

Demographic monitor (Housing Cost Burden), 3Q2013

Demographic monitor (County-to-County Migration), 2Q2013

Demographic monitor (Median Income), 1Q2013

Office Space

The office trendsheet is an update of office market fundamentals in Montgomery County. The trendsheet looks at economic forces shaping demand for office space, including job growth, federal leasing, and private sector hiring patterns. The report tracks office market indicators such as rents, vacancies, net absorption, deliveries, and under-construction inventory; giving a snapshot of current conditions and perspective on long range trends. Second quarter 2014 highlights include the following:

  • Montgomery County’s office market shows signs of further weakening, while the downtown Washington, D.C. market is surging.
  • At $27.841 per square foot, average 2Q 2014 office rents in the County fell $0.25 over the year, while the County’s office vacancy rate rose by more than a full percentage point from 13.7 percent to 14.8 percent compared to the same quarter last year.
  • Construction activity has slowed throughout the region, with roughly 5 million square feet under construction in the 2nd quarter of 2014, compared to 7.4 million square feet one year ago. In Montgomery County, 565,000 square feet of office space were under construction, compared to 1.05 million square feet one year earlier.

Office Space monitor, 2Q2014

Office Space monitor, 3Q2013

Office Space monitor, 2Q2013

Office Space monitor, 4Q2012

Retail Space

Retail Space monitor, 2Q2013, August 2013

Retail Space monitor, 4Q2012

Employment

Employment monitor, 1Q2017, September 2016

Employment monitor, 2Q2013, August 2013

Employment monitor, 1Q2013, January 2013

See Trendsheets Produced 2010-2011

Employment

Employment monitor, September 2011 (pdf, 279 KB)
Employment monitor, August 2011 (pdf, 270 KB)
Employment monitor, July 2011 (pdf, 240 KB)
Employment monitor, June 2011 (pdf, 241 KB)
Employment monitor, May 2011
 (pdf, 240 KB)
Employment monitor, April 2011 (pdf, 241 KB)
Employment monitor, March 2011 (pdf, 116 KB)
Employment monitor, December 2010 (pdf, 250 KB)
Employment monitor, November 2010 (pdf, 240 KB)
Employment monitor, October 2010 (pdf, 250 KB)
Employment monitor, September 2010 (pdf, 248 KB)
Employment monitor, August 2010 (pdf, 281 KB)
Employment monitor, July 2010 (pdf, 427 KB)
Employment monitor, June 2010 (pdf, 410 KB)
Employment monitor, May 2010 (pdf, 282 KB)

Housing

Housing prices, April 2011 (pdf, 113 KB)
Housing, April 2011
 (pdf, 289 KB)
Housing, January 2011
(pdf, 350 KB)

Poverty trendsheets

Poverty, December 2011 (pdf, 287 KB)
Poverty, December 2010 (pdf, 210 KB)

Other trendsheets

Application tracking, February 2012 (pdf, 273 KB)
Income trends, September 2011 (pdf, 361 KB)
Population, July 2010 (pdf, 437 KB)
Application review processing times, June 2010 (pdf, 290 KB)

Last Updated: February 7, 2017