Frederick Md Homes For Sale – The Historic District

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:

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This zip code shows 94 active listings, representing roughly a 4-5 month inventory.  Sellers got an average of 90% of list price this month, compared to 90% this time last year.  39% of sales were cash deals. Lots of Bargains!

Notes: The inventory is at historic lows right now, under 1000 county-wide. 20% of homes on the market are short sales. The average price of homes purchased in January reflects a lot of bargains, cash buyers, investors and flippers.

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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.

_____________________________________________________________

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

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:

There are currently 134active listings in the zip code, representing roughly a 5-6 month inventory.   Sellers got 88% of list price on average, compared to 95% last year.  25% of sales last month were cash deals. 

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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.

_____________________________________________________________

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

Frederick Md Real Estate Market Reports

provided by The Highland Group
Statistics for December 2011 have been published by MRIS*.
Here are the highlights for 21703 in the City of Frederick:

*     *     *     *     *     *

This zip code shows 115 active listings, representing roughly a 4-5 month inventory.  Sellers got an average of 91% of list price this month, compared to 94% this time last year.  21% of sales were cash deals.

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Notes: The inventory has been declining steadily, creating a lower absorption rate.  (Absorption rate = how long it will take to sell the homes currently on the market) Cash buyers are a still a significant part of the monthly sales.  Foreclosures are declining for the time being, but we expect more to enter the Frederick real estate market during Spring and Summer 2012.  Short Sales are outdoing foreclosures, showing that banks are catching on to the process and working out their systems and processes. Banks and investors tend to lose about 15% to as much as 20% less on a short sale than on a foreclosure. Prices are leveling off in most of the county. We see a decline in average and median sales prices from last year, but month over month we see little movement.

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

Compare to Previous Frederick County Real Estate Market Statistics

_____________________________________________________________

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

Frederick Md Real Estate Market Reports

provided by The Highland Group

Statistics for December 2011 have been published by MRIS*.
Here are the highlights for the 21702 zip code in the City of Frederick:

There are currently 161 active listings in the zip code, representing roughly a 5-6 month inventory.   Sellers got 89% of list price on average, compared to 91% last year.  27% of sales last month were cash deals. Lots of bargains were bought this month.

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

Compare to Previous Frederick County Real Estate Market Statistics

_____________________________________________________________

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

Frederick Md Real Estate Market Reports provided by The Highland Group
Statistics for September 2011 have been published by MRIS*.
Here are the highlights for 21703 in the City of Frederick:

*     *     *     *     *     *

This zip code shows 119 active listings, representing roughly a 4 month inventory.  Sellers got an average of 989% of list price this month, compared to 91% this time last year.  17% of sales were cash deals.

*     *     *     *     *     *

Notes: The inventory has been declining steadily, creating a lower absorption rate.  (Absorption rate = how long it will take to sell the homes currently on the market) Cash buyers are a still a significant part of the monthly sales.  Foreclosures and short sales are declining for the time being, but we expect more to enter the Frederick real estate market during Spring and Summer 2012.  Prices are leveling off in most of the county. We see a decline in average and median sales prices from last year, but month over month we see little movement.

*     *     *     *     *     *

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

Compare to Previous Frederick County Real Estate Market Statistics

_____________________________________________________________

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