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Mount Airy Real Estate Information for August 2009

The statistics for the real estate market in Mount Airy came out recently, and after studying them a bit, it seems to me that the market is levelling off.  That's good news for most folks. 

The Average sold price was up 10% from last year, $473,796, compared to $429,059,  the average list price was up just over 10%, and sellers are getting 94% of list price, the same as last year.  The total volume is about the same as last year as well as the number of homes sold.  Could this be the beginning of the healthy, normal market; or the end of the declining market for Mount Airy?

Mount Airy,MD real estate house value index trend   Courtesy of City-data.com

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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

 

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