Adamstown and Urbana Real Estate Market Report: October 2008
Urbana has seen some sales this month:
Urbana Market Statistics: 2008 2007 Change
Total Sold $ Volume: $4,891,690 $5,173,201 -5%
Avg. Sold Price: 376,284 431,100 -13%
Median Sold Price: 340,000 380,000 -10.5%
Total Units Sold: 13 12 +8%
Avg. Days on Market 91 105 -13%
Avg. Sold price as % of list price: 95.5% 97%
New Listings this month: 27
New pending sales this month: 12
Adamstown almost doesn't get to have statistics for last month...only 1 house sold:( But then, looking closer, only 2 houses sold in October 2007. Last year 2 houses took an average of 69 days to sell for 92.5% of list price, this year 1 house took 44 days to sell for 89% of list price.
See County-wide Market Statistics at Frederick County Real Estate Market Statistics for October 2008.
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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 Pictures of Frederick