City of Frederick 21703 Real Estate March 2014

City of Frederick 21703 Real Estate March 2014

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

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

21703    2014    2013   % Change
Avg. Price    $213,300    $219,500         -3%
Median Price    $180,000    $215,000         -16%
DOM      52     38         +37%
# homes sold      39     36         +8%
New Listings  65
Total Pending (contract + contingent)  62

This zip code shows 83 active listings, representing roughly a 2-3 month inventory. There are currently 107 homes under contract total. Sellers got an average of 95% of list price this month, compared to 97% this time last year.

Notes:  The inventory is rising, the number of sales is showing the normal spring surge of activity. Normal is the keyword in the Frederick real estate market.

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

___________________________________________________________

The Highland Group
Chris & Karen Highland *    * * *
Turning Point Real Estate – 301-831-8232
email us: christopherlhighland@gmail.com
Text Us: 301-401-5119

Spring 2014 in Downtown Frederick

It looks like spring may have arrived in Frederick, although a bit shyly. April is a great month to get outside and explore our beautiful Historic District and Baker Park.

Baker Park in Spring

Spring 2014 in Downtown Frederick

There are lots of things to do to celebrate Spring in Frederick.

  • 1864 Civil War Walking Tour – April 19th, and Saturdays twice a month through October. Call or visit the Museum of Frederick County History, 24 E. Church St. 301-663-1188
  • Spring Festival – Rose Hill Manor Park & Museum, April 26 – 27, Saturday, 10 am – 4 pm and Sunday, 12 to 4 pm.
  • Children’s Festival in Baker Park – April 26, 10 am – 3 pm.
  • Carillon Recital in Baker Park – First and Third Sundays, 12:30-1 pm.

Trees in Bloom at Culler Lake

Enjoy Spring in Frederick

Trees Bloom in Frederick Md

City of Frederick 21702 Real Estate Statistics – March 2014

City of Frederick 21702 Real Estate Statistics – March 2014

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

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

21702   2014   2013   % Change
Avg. Price   $229,600   $215,400      +7%
Median Price   $212,500   $210,000      +1%
DaysOnMarket      55     43      +28%
# homes sold      37     35      +6%
New Listings:  64
Total Pending (contract + contingent) New  42

There are currently 130 active listings in the zip code, compared to 80 at this time last year, representing roughly a 3-4 month inventory. There are 99 homes under contract total.  Sellers got 95% of list price on average, compared to 97% last year. Inventory is picking up, demand is up and prices steadily climbing. Signs of a healthy, normal market.

*    *    *

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

___________________________________________________________

The Highland Group
Chris & Karen Highland *    * * *
Turning Point Real Estate – 301-831-8232
email us: christopherlhighland@gmail.com
Text Us: 301-401-5119

Real Estate Statistics for Frederick Md 21701 March 2014

City of Frederick 21701 Real Estate Statistics March 2014

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

Here are the highlights for the 21701 zip codes in the City of Frederick:

21701     2014      2013   % Change
Avg. Price    $274,100    $239,100       +15%
Median Price    $235,500    $232,000       +2%
DaysOnMarket         81         48       +69%
# homes sold         42         50       -16%
New Listings: 83
Total New Pending (contract + contingent) 77

The inventory is 133 active listings in the zip code, which represents roughly a 3-4 month inventory. There are 113 homes under contract total. Even though sales were slower in February and March, April will be a high sales month with 77 new pendings (homes under contract). Sellers are getting an average 94% of list price, compared to 96% one year ago.

*    *    *

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

___________________________________________________________

The Highland Group
Chris & Karen Highland *    * * *
Turning Point Real Estate – 301-831-8232
email us: christopherlhighland@gmail.com
Text Us: 301-401-5119

Spring 2014 in Downtown Frederick

It looks like spring may have arrived in Frederick, although a bit shyly. April is a great month to get outside and explore our beautiful Historic District and Baker Park.

First Saturday

The theme for April’s First Saturday is “Book It”. Authors will be available for book signings all around downtown. Children (of all ages) can make bookmarks and will love the scavenger hunt throughout the downtown Frederick area. And make sure to note the storytelling on Carroll Creek at 4 pm and 5 pm. Spring 2014 downtown Frederick

Shoppers will enjoy the usual entertainment: live music, art gallery openings and exhibits, wine tastings, demonstrations, and merchant specials. Find out more at the Downtown Frederick Partnership website.

New Downtown: A Mobile Kiosk downtown will provide information for special overnight hotel rates.

The Frederick County Library has many new programs and events, for adults as well as children. Events at the C.Burr Artz Library on Patrick Street:

  • Frederick Reads 2014. The theme this year is “The Music of Language” with special guest Rosanne Cash, Nora Jane Struthers, “The Teacher from the Black Lagoon”, and more. Weinberg Center for the Arts.
  • Frederick Speaker Series. This is the second season, with lectures by world-class speakers. This month Dr. Ben Carson will speak on Wednesday, April 9. It seems that this event is sold out. Diane Rehm will speak on Friday, April 25.
  • Children’s story times throughout the month. Like Alice in Wonderland Storytime on April 12, 10:30 AM. Meet the members of the cast of The New Adventures of Alice in Wonderland, and more. These events require pre-registration.
  • Children’s and Teen book clubs

Bring A Broom Saturday: April 26, in Downtown Frederick. 8:30 – 11:00 AM  It’s time for Spring Cleaning. Breakfast and coffee will be provided by Wegmans. Free pizza afterwards for all volunteers, provided by Brewer’s Alley. Spring 2014 in Downtown Frederick is full of opportunities. Find out more about Bring A Broom Saturday on Facebook.

New Home Construction in the City of Frederick – Spring 2014

New construction is seeing a resurgence in the city of Frederick this year, with several new projects as well as new energy in some previous residential building projects. With the shortage of homes on the market, many buyers entering the market are looking for new construction homes. Fortunately, they have some choices.

New Construction in the City of Frederick

Canterbury Station is a development that has been approved by the city since late 2007, but is just now in the first stages of development. The home builder is Parkwood New Home Construction City of Frederick Homes. Canterbury Station will cover the area from Fredericktowne Park, along East Street, the the space behind Northampton Manor Health Care Facility, and perhaps the area behind the Banner School. This phase was to be 144 homes, including townhouses, single-family homes and condominiums.

Towns at Maxwell Square – Townhouses built by Comstock.

Worman’s Mill is finishing the section of villas with Wellington Villas

Market Square – Dan Ryan is building townhouses, next to Clemson Corner and Market Square.

Cannon Bluff is continuing the building of single-family homes with Ryan.

Clover Ridge has single-family homes built by Drees and Dan Ryan.

The construction continues at Linton at Ballenger, with single-family homes built by Drees, and townhomes built by Ryan.New home construction in the City of Frederick

At Catoctin Ridge, Dan Ryan is building towns.

Buyer Agency with New Home Construction

With new home construction, many buyers still find value in contracting a buyers agent. Buyers Representation does not cost the buyer, but is built into the cost of the seller’s fees. With buyer representation on new construction, there are several benefits.

The most important benefit is often the most overlooked: a comparative market analysis. Knowing what similar homes sell for is an important step in negotiating with a builder. And yes, builders negotiate.

Other benefits include the expertise of an agent with new construction experience. How does a buyer even know the right questions to ask? A buyers’ agent has a feduciary contract with the buyer, to represent his best interests. The builder’s sales agent, or agents are representing the seller’s best interests.

Contact the Highland Group for buyer representation on your new home build.
christopherlhighland@gmail.com  or  301-401-5119