New Market Real Estate Market Report for May 2009
Real estate market statistics for May 2009 for sales activity in New Market MD have been published.* Here is the synopsis:
| New Market | 2009 | 2008 | % Change |
| Avg. Price | $302,992 | $382,157 | -21% |
| Median Price | $295,500 | $358,000 | -17% |
| DOM | 145 | 125 | +16% |
| # homes sold | 12 | 14 | -14% |
| New Listings: | 20 |
| Total Marked Contract: | 11 |
| Total Marked Contingent: | 4 |
| Total Pending (contract + contingent) | 15 |
There are currently 117 homes listed for sale in New Market. This represents roughly a 9-10 month absorption rate in New Market.
Compare to New Market real estate market statistics for April 2009. See Frederick County real estate market statistics for May 2009.
* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
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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