Urbana Real Estate Market Report for May 2009
Real estate market statistics for May 2009 for sales activity in Urbana MD have been published.* Here is the synopsis:
| Urbana | 2009 | 2008 | % Change |
| Avg. Price | $380,161 | $439,749 | -14% |
| Median Price | $387,000 | $491,000 | -21% |
| DOM (days on market) | 125 | 125 | +0% |
| # homes sold | 12 | 10 | +20% |
| New Listings: | 38 |
| Total Marked Contract: | 9 |
| Total Marked Contingent: | 15 |
| Total Pending (contract + contingent) | 24 |
There are currently 93 homes listed for sale in Urbana. This represents roughly a 6-7 month absorption rate in Urbana. Compare to Urbana 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