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Middletown Real Estate Market Information for August 2008

After studying the recent statistics for the real estate sales in Middletown in August, it seems that Middletown is in the belly of the beast as far as market corrections go. 

The total $ Volume:          down 39% since August '07
Avg. list price:                  $400,700 in 2008       from   $524,870 in 2007       down 24%
Avg sold price:                  $336,689 in 2008      from  $495,250                    down 32% 
Total number sold:             down 10%
Days on market:               up from 96 to 176
Sellers go 84% of their asking price in August 2008 compared to 94% of their asking price in August 2009.

It looks like great deals are to be had in Middletown!

Don't forget Middletown Heritage Days Festival, September 27, 2008!


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                   The Highland Group - Real Estate Teams                      
                           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 
                                 Pictures of Frederick

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