Feb
13
City of Frederick Real Estate Statistics for January 2012 – 21701
Posted by Chris & Karen Highland under Frederick Historic District, Frederick Md, Market Reports
Frederick Md Real Estate Statistics
provided by The Highland Group
Statistics for January 2012 have been published by MRIS*.
Here are the highlights for the three zip codes in the City of Frederick:
| 21701 | 2012 | 2011 | % Change |
| Avg. Price | $167,600 | $205,200 | -18% |
| Median Price | $150,000 | $195,000 | -23% |
| DaysOnMarket | 154 | 117 | +32% |
| # homes sold | 23 | 21 | +10% |
| New Listings: | 42 |
| Total Marked Contract: | 14 |
| Total Marked Contingent: | 17 |
| Total New Pending (contract + contingent) | 31 |
The inventory is 169 active listings in the zip code, continuing to decrease, which represents roughly a 6 month inventory. Sellers are getting an average 81% of list price, compared to 90% one year ago. 17% of sales last month were cash deals. (The normal number is 7-9%)
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*All statistics are gathered from the MRIS, Metropolitan Regional Information System, and while accurate, are not guaranteed.
See other Frederick Real Estate Market Reports for comparison.
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The Highland Group
Chris & Karen Highland * 301-831-9947
Turning Point Real Estate “ 301-831-8232
email us: isell4u2@msn.com
Text Us: 301-401-5119
