Frederick 21703 Real Estate Trends April 2015

City of Frederick 21701 Real Estate Statistics April 2015

provided by The Highland Group. City of Frederick real estate Statistics April 2015 have been published by MRIS*.

Highlights for the 21703 zip code in the City of Frederick:

  • Average Sale Price: $233,700 compared to $215,200 last year, up 9%.
  • Average Single-family home: $343,200, up 29%;
  • Avg. Townhouse/condo home: $185,400, down 10% from last year.
  • Median Sale Price: $215,000 compared to $218,000 last year, -1%.
  • A total of 33 Homes sold compared to 40 last year, +21%.
  • Average days on market before getting a contract was 46 days compared to 61 last year.
  • Sellers got 99% of list price at time of contract, compared to 97% last year.

There are 172 active listings in the 21701 zip code, compared to 158 last year, an increase of 9%.  We are currently looking at a 3-4 month absorption rate. Demand was high starting out the spring real estate season in March, and continues to increase. It’s a good time to put your home on the market if you are thinking about it.

If you’re in the market to buy, you can expect that the best homes will be under contract within a week, so if you find a home you like, don’t wait around. In a competitive seller’s market, houses will move quickly. Make sure you are pre-approved and ready to write. Homes that are priced well and in great condition are selling in days, many with multiple offers. The inventory is still tight.

Remember: Real estate statistics are just a snapshot of year-over-year numbers, and don’t tell the full story. Contact Us for the full story.

Frederick Md Real Estate Market Report April from The Highland Group

*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.

Contact Chris Highland to see homes for sale in Frederick

Frederick 21702 Real Estate Trends April 2015

City of Frederick 21702 Real Estate Statistics - April 2015

provided by The Highland Group. City of Frederick real estate Statistics April 2014 have been published by MRIS*.

Here are the highlights for the 21702 zip codes in the City of Frederick:

  • Average Sale Price:  $281,000 compared to $238,100 last year, +18%
  • Average Single-family home: $347,300, up 18% since last year;
  • Avg. attached home: $190,700, up 10%.
  • Median Sale Price:  $250,000 compared to $210,000 last year, +19%
  • 52 Homes sold compared to 37 last year, +40%.
  • Average days on market is 48 days compared to 60 last year, down 20%.
  • Sellers got 98% of list price compared to 98% last year

There are 168 active listings in the 21702 zip code, compared to 149 last year. The inventory is increasing but demand is also. We are currently looking at a 3-4 month absorption rate.

Frederick 21702 Real Estate Trends April 2015

City of Frederick eal Estate Statistics April 2015

City of Frederick 21701 Real Estate Statistics April 2015

provided by The Highland Group. City of Frederick real estate Statistics April 2015 have been published by MRIS*.

Highlights for the 21701 zip code in the City of Frederick:

  • Average Sale Price: $258,000 compared to $260,200 last year, down less than 1%.
  • Average Single-family home: $278,600, down 8%;
  • Avg. Townhouse/condo home: $235,200, down 3% from last year.
  • Median Sale Price: $221,000 compared to $236,400 last year, -7%.
  • A total of 73 Homes sold compared to 54 last year, +26%.
  • Average days on market before getting a contract was 56 days compared to 61 last year.
  • Sellers got 99% of list price at time of contract, compared to 97% last year.

There are 203 active listings in the 21701 zip code, compared to 158 last year, an increase of 28%.  We are currently looking at a 3-4 month absorption rate. A large number, 91 homes went under contract in April, 26% more than this time last year, with 163 total homes currently under contract. Demand was high starting out the spring real estate season in March, and continues to increase. It’s a good time to put your home on the market if you are thinking about it.

If you’re in the market to buy, you can expect that the best homes will be under contract within a week, so if you find a home you like, don’t wait around. In a competitive seller’s market, houses will move quickly. Make sure you are pre-approved and ready to write. Homes that are priced well and in great condition are selling in days, many with multiple offers. The inventory is still tight.

Remember: Real estate statistics are just a snapshot of year-over-year numbers, and don’t tell the full story. Contact Us for the full story.

Frederick Md Real Estate Market Report April from The Highland Group

*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.

Contact Chris Highland to see homes for sale in Frederick

Chris@ChrisHighland.com
301-401-5119

Celebrate Mom in Historic Frederick

Want to give Mom a special day this year? There are lots of things to do to show your love. Frederick is especially beautiful this time of year.

The theme for May’s First Saturday is Mayfest. Saturday, May 2, from 10 am to 9 pm. Build a bouquet of spring flowers as you explore the Historic District. Enjoy the gardens of museums. Take advantage of shopping specials.

Secret Gardens

Did you know there was a secret garden in downtown Frederick? Actually, there are two…gardens that are open to the public that you might not be aware of. The Frederick County Historical Society has a garden, the Heritage Garden, at 24 East Church Street. On May 31st, 4:30 – 6:30, you can have fun at the Downtown Abby Garden Party,  Frederick County Historical Society.

The Evangelical Lutheran Church has a lovely Meditation Garden that is often open to the public. I stumbled upon it on a bike ride through the Historic District recently. Enjoy some pics from my photo album: (click to see them all on flickr)

Evangelical Lutheran Church Garden

There are several great restaurants in Frederick that serve brunch on Mother’s Day.

Mother’s Day Brunch:

  • Hollow Creek Golf Club -301-371-0400
  • Brewer’s Alley – 301-631-0089
  • Roasthouse Pub – 301-418-6096
  • Barley & Hops – 301-668-5556
  • Walkersville Railroad will serve brunch in a 1920?s dining car. Reservations required: 301-898-0899
  • Alexander’s in Buckeystown – 301-874-1831
  • The Comus Inn – 301-349-5100
  • Monocacy Crossing – 301-846-4204
  • Volt – 301-696-8658
  • Family Meal – 301-378-2895
  • The Wine Kitchen – 301-663-6968
  • Isabella’s Taverna – 301-698-8922
  • Firestone’s – 301-663-0330
  • Dutch’s Daughter – 301-668-9500

Day Spas for Mom

Happy Mother’s Day!

New To The Historic District Frederick Spring 2015

New Stores and Restaurants in Historic Frederick

In the last year, several new stores and restaurants have opened in downtown Frederick. Always a good sign that the economy is on the mend! Here are a few new businesses: (be sure to like them on Facebook for the latest news and specials.)

Downtown Restaurants

Special: Help a Culinary Student Out:

200 Monroe Restaurant provides Frederick Community College’s culinary arts students a place to learn and practice their skills. They serve the public under the Executive Chef and Maitre d’ instructors. They will be open in April and May, then again in October and December. Learn more on the FCC Website. or call 301-624-2768.

Business

Hope you’re all enjoying the (finally!) amazing spring weather in downtown Frederick!

City of Frederick 21703 Real Estate Statistics March 2015

City of Frederick 21703 Real Estate Statistics March 2015

provided by The Highland Group. City of Frederick real estate Statistics March 2015 have been published by MRIS*.

Here are the highlights for the 21703 zip codes in the City of Frederick:

  • Average Sale Price:  $235,900 compared to $213,300 last year, +25%
  • Average Single-family home: $339,400, +29%,
  • Avg. attached home: $205,500, +13%.
  • Median Sale Price:  $217,500 compared to $180,000 last year, +21%
  • 44 Homes sold compared to 39 last year, +13%.
  • Average days was 62 days compared to 52 last year
  • Sellers got 97% of list price compared to 95% last year

There are 129 active listings in the 21703 zip code, up 55% from 83 listings last year at this time. The inventory is holding steady, but demand is increasing. we are currently looking at a 3-4 month absorption rate. 63 homes went under contract in last month, with a total of 105 under contract waiting to close.

Frederick Md Real Estate Market Report March 2015 from The Highland Group with Turning Point Real Estate

Real estate statistics are just a snapshot of year-over-year numbers, and don’t tell the full story. Contact Us for the full story.

*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.

Contact Chris Highland to see homes for sale in Frederick

Chris@ChrisHighland.com
301-401-5119