Frederick County Smaller Communities Market Report for June 2009
Frederick County real estate market statistics for the month of May 2009. Listed by community.
| Monrovia | 2009 | 2008 | % Change |
| Avg. Price | $260,800 | $406,150 | -36% |
| Median Price | $359,900 | $364,500 | -29% |
| DOM | 113 | 164 | -31% |
| # homes sold | 3 | 6 | -50% |
| New Listings: | 5 |
| Total Marked Contract: | 1 |
| Total Marked Contingent: | 2 |
| Total Pending (contract + contingent) | 3 |
There are currently 28 homes on the market in Monrovia, representing roughly a 9 month inventory.
| Ijamsville | 2009 | 2008 | % Change |
| Avg. Price | $438,600 | $487,125 | -10% |
| Median Price | $407,500 | $594,375 | -31% |
| DOM | 261 | 128 | +104% |
| # homes sold | 10 | 3 | +233% |
| New Listings: | 10 |
| Total Marked Contract: | 3 |
| Total Marked Contingent: | 2 |
| Total Pending (contract + contingent) | 5 |
There are currently 38 homes on the market in Ijamsville, which represents roughly a 6 month inventory.
| Brunswick | 2009 | 2008 | % Change |
| Avg. Price | $155,883 | $235,960 | -34% |
| Median Price | $157,500 | $239,900 | -34% |
| DOM | 79 | 151 | -48% |
| # homes sold | 6 | 5 | +20% |
| New Listings: | 7 |
| Total Marked Contract: | 2 |
| Total Marked Contingent: | 0 |
| Total Pending (contract + contingent) | 2 |
There are currently 44 homes for sale in Brunswick, representing roughly a 10-11 month absorption rate.
| Knoxville | 2009 | 2008 | % Change |
| Avg. Price | $280,690 | $341,667 | -18% |
| Median Price | $260,000 | $370,000 | -30% |
| DOM | 115 | 69 | +67% |
| # homes sold | 10 | 3 | +233% |
| New Listings: | 8 |
| Total Marked Contract: | 1 |
| Total Marked Contingent: | 4 |
| Total Pending (contract + contingent) | 5 |
There are currently 37 homes on the market in Knoxville, representing roughly an absorption rate of 6 months.
| Jefferson | 2009 | 2008 | % Change |
| Avg. Price | $347,000 | $405,000 | -14% |
| Median Price | $347,000 | $405,000 | -14% |
| DOM | 13 | 580 | -98% |
| # homes sold | 2 | 1 | +100% |
| New Listings: | 4 |
| Total Marked Contract: | 4 |
| Total Marked Contingent: | 0 |
| Total Pending (contract + contingent) | 4 |
There are currently 28 homes on the market in Jefferson, representing an absorption rate of about 9 months.
| Myersville | 2009 | 2008 | % Change |
| Avg. Price | $263,380 | $285,633 | -8% |
| Median Price | $251,000 | $252,000 | +0% |
| DOM | 173 | 36 | +380% |
| # homes sold | 5 | 3 | +67% |
| New Listings: | 6 |
| Total Marked Contract: | 4 |
| Total Marked Contingent: | 3 |
| Total Pending (contract + contingent) | 7 |
There are currently 52 homes on the market in Myersville. This represents a 8-9 month inventory.
To see Frederick County Real Estate Market Report for June 2009.
To see homes on the market, use our free MLS search, or contact us for information about the Frederick Real Estate Market.
The Highland Group – Real Estate Teams
Chris & Karen Highland * Frederick County MD Real Estate Agents
301-831-9947
Real Estate Teams, LLC
isell4u2@msn.com