Urbana Real Estate Statistics for January 2009
Real Estate market statistics are out for Urbana for January 2009. Take a look:
Urbana Real Estate Statistics for January 2009:
2009 2008 % change
Total Sold Dollar Volume: $2,534,990 $5,339,913 -53%
Average Sold Price: 507,000 410,763 +23%
Median Sold Price: 545,000 425,000 +28%
Total homes Sold: 5 13 -62%
Avg. Days on Market 195 160 22%
Avg. Sale Price as % of List: 82% 85%
Urbana has 89 active listings, with 17 pending sales; 5 month absorption rate. Compare to December 2008 real estate market statistics for Urbana.
*Notes: Higher end homes were selling last month in Urbana, just fewer of them than last year. Next month is going to be an Urbana boom, we'll have to wait and see if these numbers hold up.
To view Frederick County real estate market statistics for January 2009.
* * * * *
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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About Chris & Karen Highland
We’re Chris and Karen Highland, The Highland Real Estate Group. We’ve lived in the Frederick area for over 18 years and are raising our 4 children here. We’ve seen many communities built where there once was farmland. We love the “small-city yet large-town” atmosphere of Frederick, the quality of life, and the affordability we’ve found here.
I've been selling real estate in Central Maryland for almost 16 years. Karen has been helping me over the years in different capacities, as an assistant, then as a buyer’s agent. For a year, I managed an office and Karen took over the bulk of the business. It was a great experience for both of us. I managed 90+ agents and saw more contracts come over my desk than the previous 14 years combined!
Now I'm back, running the business and Karen is running the office, and blogging and marketing. With each new year comes a different kind of market and new challenges.
In this present market, we face many challenges with mortgage problems, distressed properties and the credit crunch. I've gotten a nationally recognized certification , CDPE, Certified Distressed Properties Expert, to equip me to help homeowners in distress. I'll be blogging about a lot of these issues and about all kinds of real estate topics.
Karen and I always have something to say! Join us in our online, ongoing conversation about Frederick Real Estate