Urbana Real Estate Market Report for August 2009
Real estate market statistics for August 2009 for sales activity in Urbana MD have been published.* Here is the synopsis:
| Urbana | 2009 | 2008 | % Change |
| Avg. Price | $404,271 | $374,900 | +8% |
| Median Price | $445,500 | $349,800 | +27% |
| DOM (days on market) | 50 | 137 | -64% |
| # homes sold | 12 | 12 | 0% |
| New Listings: | 23 |
| Total Marked Contract: | 7 |
| Total Marked Contingent: | 4 |
| Total Pending (contract + contingent) | 11 |
There are currently 86 homes listed for sale in Urbana. This represents roughly a 7-8 month absorption rate in Urbana. 9 of the 12 sales last month took less than 30 days. Compare to Urbana real estate market statistics for July 2009. See Frederick County real estate market statistics for August 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