Nov
13
Frederick County Real Estate Market Statistics
Posted by Karen Highland under For Buyers, For Sellers, Regional News, Frederick, First Time Buyer, Relocation, Market Reports, Frederick Real Estate
County-wide Frederick Real Estate market statistics for the month of October showed some changes from the statistics in September.
2008 2007 Change
Total Sold $ Volume: $47,025,319 $61,490,517 -23.5%
Average Sold Price: 276,620 328,826 -16%
Median Sold Price: 234,500 287,000 -18%
Total Units Sold: 170 187 -9%
Avg. Days on Market: 157 133 +18%
Avg. Sale Price as % of List Price: 89% 91%
Total Number of New listings: 393
Total Number of New Pending sales: 175
Some Financing Stats: 32% of the 170 sales this month were FHA, 11% were cash, 40% were conventional, 6% were VA and 7% were Assumptions, (we haven’t seen many assumptions in the last 5 to7 years, now they are becoming more neccessary.)
Check out Brunswick and Jefferson Market Statistics, Middletown and Myersville Market Statistics, Adamstown and Urbana Market Statistics, Walkersville Market Statistics, New Market Market Statistics and Mount Airy Market Statistics.
See Homes in the Historic District for Sale
The Highland Real Estate Group
Chris & Karen Highland * Frederick County MD Real Estate Agents
Specializing in Frederick County Real Estate
301-831-9947
Real Estate Teams, LLC
isell4u2@msn.com
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