Real Estate Market Reports for Frederick County - April 2009
The real estate market reports are out from MRIS* for Frederick County sales in April. Here are the highlights:
Average Sold Price: 2009: 259,424 2008: 322,660 -20%
Median Sold Price: 229,325 289,900 -21%
Total Sold: 203 185 +10%
Average Days on Market: 141 155 -10%
Total Number of New Listings taken for the Month: 141
Total Number of properties marked Contract: 183
Total Number of properties marked Contingent: 153
Total of New Pendings (Contracts + Contingents): 336
We're seeing an increase in sales, an increase in pendings (the highest number since Aug. 2006) a decrease in number of days on the market before sales, and a slowing of the price declines. We're experiencing situations with multiple offers on properties that are priced well and in great condition.
With the $8000 first-time buyers tax credit, the historically low rates, and the prices at affordable levels again, the real estate market in Frederick is seeing some life this spring. Compare to Frederick Real Estate Market Report for March 2009
See April Market Reports for:
Urbana Real Estate
Walkersville Real Estate
Middletown Real Estate
New Market Real Estate
Mount Airy Real Estate
Frederick City Real Estate
To see homes on the market, use our free MLS search, or contact us for information about the Frederick Real Estate Market.
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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
* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.