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

Frederick County Real Estate Market Report for Smaller Communities - July 2009

Frederick County real estate market statistics for the month of May 2009.  Listed by community.

 

Monrovia    2009    2008% Change
Avg. Price  $296,250 $376,470    -21%
Median Price  $382,500 $369,000    -23%
DOM     183     168      +9%
# homes sold      4      4      0%
New Listings:   5
Total Marked Contract:   3
Total Marked Contingent:   4
Total Pending (contract + contingent)   4   

 

There are currently 22 homes on the market in Monrovia, representing roughly a 6 month inventory.

 

Ijamsville    2009    2008% Change
Avg. Price  $437,000 $575,225    -24%
Median Price  $437,000 $513,000    -12%
DOM     67     147    -54%
# homes sold      4      4    +0%
New Listings:   5
Total Marked Contract:   4
Total Marked Contingent:   1
Total Pending (contract + contingent)   5

 

There are currently 36 homes on the market in Ijamsville, which represents roughly a 7 month inventory.

 

Brunswick    2009    2008% Change
Avg. Price  $106,667 $217,667      -51%
Median Price  $100,000 $223,000     -55%
DOM     91      150      -39%
# homes sold       3      3     +0%
New Listings:  227
Total Marked Contract:   3
Total Marked Contingent:   5
Total Pending (contract + contingent)   8

 

There are currently 53 homes for sale in Brunswick, representing roughly a 7-8 month absorption rate.

 

Knoxville    2009    2008% Change
Avg. Price  $253,730 $411,000    -38%
Median Price  $242,500 $418,000    -42%
DOM     107     86     +24%
# homes sold      7      3    +133%
New Listings:   8
Total Marked Contract:   4
Total Marked Contingent:   3
Total Pending (contract + contingent)   7  

 

There are currently 33 homes on the market in Knoxville, representing roughly an absorption rate of 5-6 months.

 

Jefferson    2009    2008% Change
Avg. Price  $368,700  $399,900     -33%
Median Price  $347,000 $405,000    -14%
DOM      121     34     +255%
# homes sold       3      1    +200%
New Listings:   13
Total Marked Contract:   7
Total Marked Contingent:   0
Total Pending (contract + contingent)   7  

 

There are currently 33 homes on the market in Jefferson, representing an absorption rate of about 6 months.

 

Myersville    2009    2008% Change
Avg. Price  $299,000 $285,000    +5%
Median Price  $303,000 $285,000    +6%
DOM      148     98     +51%
# homes sold       5      2   +150%
New Listings:   9
Total Marked Contract:   4
Total Marked Contingent:   3
Total Pending (contract + contingent)   7  

 

There are currently 49 homes on the market in Myersville.  This represents a 8 month inventory.

Compare to last month's statistics for smaller communities.  To see Frederick County Real Estate Market Report for July 2009.

To see homes on the market, use our free MLS search, or contact us for information about the Frederick Real Estate Market.                                                                                                                                               

_____________________________________________________________

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

        

Comments

No Comments

Leave a Comment

(required)

(required)

(optional)

(required)

Comment Notification

Subscribe to this post's comments using RSS