New Market MD Real Estate Market Report for October 2009
Real estate market statistics for October 2009 for sales activity in New Market MD have been published.* Here is the synopsis:
| New Market | 2009 | 2008 | % Change |
| Avg. Price | $328,658 | $331,540 | +1% |
| Median Price | $305,450 | $299,000 | +2% |
| DOM | 221 | 250 | -12% |
| # homes sold | 12 | 10 | +20% |
| New Listings: | 27 |
| Total Marked Contract: | 4 |
| Total Marked Contingent: | 7 |
| Total Pending (contract + contingent) | 11 |
There are currently 93 homes listed for sale in New Market, continuing to come down month after month. This represents roughly a 8-9 month absorption rate in New Market.
Compare to New Market real estate market report for September 2009. See Frederick County Real Estate Market Report for October 2009.
* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed
Search for homes in New Market, use our free MLS search:
The Highland Real Estate Group
Chris & Karen Highland * Frederick County MD Real Estate Agents
Specializing in Frederick County Real Estate
301-831-9947 301-831-9947
Real Estate Teams, LLC
isell4u2@msn.com
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About Chris & Karen Highland
We’re Chris and Karen Highland, The Highland Real Estate Group. We’ve lived in the Frederick area for over 18 years and are raising our 4 children here. We’ve seen many communities built where there once was farmland. We love the “small-city yet large-town” atmosphere of Frederick, the quality of life, and the affordability we’ve found here.
I've been selling real estate in Central Maryland for almost 16 years. Karen has been helping me over the years in different capacities, as an assistant, then as a buyer’s agent. For a year, I managed an office and Karen took over the bulk of the business. It was a great experience for both of us. I managed 90+ agents and saw more contracts come over my desk than the previous 14 years combined!
Now I'm back, running the business and Karen is running the office, and blogging and marketing. With each new year comes a different kind of market and new challenges.
In this present market, we face many challenges with mortgage problems, distressed properties and the credit crunch. I've gotten a nationally recognized certification , CDPE, Certified Distressed Properties Expert, to equip me to help homeowners in distress. I'll be blogging about a lot of these issues and about all kinds of real estate topics.
Karen and I always have something to say! Join us in our online, ongoing conversation about Frederick Real Estate