Sep
13
Frederick County real estate market statistics for August 2009: MRIS has published the real estate sales statistics for Frederick County for August 2009*
| County-wide | 2009 | 2008 | % Change |
| Avg. Price | $265,310 | $298,973 | -11% |
| Median Price | $233,000 | $265,000 | -12% |
| DOM | 119 | 144 | -17% |
| # homes sold | 245 | 201 | +22% |
| New Listings: | 372 |
| Total Marked Contract: | 180 |
| Total Marked Contingent: | 132 |
| Total Pending (contract + contingent) | 312 |
Note: There are currently 1626 homes listed for sale in Frederick County, down from 1700 last month. that makes roughly a 6 month inventory, a balanced market. There are 312 pending sales, close to last month’s number. Prices are 11% less than this time last year, continuing to level off. Days on market (DOM) are still decreasing. The number of homes sold has increased by 22% over last year.
*Other notable sales statistics: 78% of the 245 sales were under $300,000, still reflecting the surge in first-time buyers and investors getting deals in the present market.
Compare to Frederick County Real Estate Market Report for July 2009
Comimg: Frederick City Real Estate Market Report for August 2009, Real Estate Market Report for Frederick Communities - August 2009
*All statistics are gathered from the MRIS, Metropolitan Regional Information System, and while accurate, are not guaranteed.
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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