Frederick County Real Estate Information
Welcome to Frederick Real Estate Blog Sign in | Help

Frederick County Short Sale Blog | Homes for Sale in Frederick Md

Frederick Real Estate News, Frederick Real Estate Listings, Frederick Real Estate Market statistics, Lending news, Frederick Short Sale Information, Foreclosures, Frederick Communities, Buyer and Seller information.

News

Second Quarter Frederick County Real Estate Market Report

The Frederick County Real Estate Market Report for the 2nd Quarter 2009, Compared to First Quarter Market Report:

 

Frederick County    2nd Qt. 2009   1st Qt. 2009% Change
Avg. Sold Price  $274,993 $263,576    +4%
 # Homes on Market      1766     1800      -2%
 # Homes Sold      661      402     +64%
 Avg. Days on Market       129      157    -18%

Compared to 2nd Quarter 2008 Frederick County Real Estate Market Report:

 

Frederick County    2009    2008% Change
  Avg.  Sold  Price  $274,993 $318,100    -14%
# Homes on Market      1766    2263    -22%
# Homes Sold     661     567    +17%  
 Avg. Days on Market         129     108    +19%

In one year, we’ve seen the inventory decrease by 1/5, and the sales increased 17%.  What was a 12 month inventory, or absorption rate, is now an 8 month inventory.

Contact us to discuss the Frederick County Real Estate Market, or use our free MLS property search:

_____________________________________________________________

Homes for Sale in Frederick Md Homes for Sale in Frederick

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

Posted: Saturday, August 08, 2009 12:16 PM by Chris & Karen Highland

Comments

No Comments

Leave a Comment

(required)

(required)

(optional)

(required)

Comment Notification

Subscribe to this post's comments using RSS