Urbana MD Real Estate Market Report for January 2010
Real estate market statistics for January 2010 for sales activity in Urbana MD have been published.* Here is the synopsis:
| Urbana | 2010 | 2009 | % Change |
| Avg. Price | $346,000 | $507,000 | -32% |
| Median Price | $340,000 | $345,000 | -38% |
| DOM (days on market) | 125 | 195 | -36% |
| # homes sold | 9 | 5 | +80% |
| New Listings: | 26 |
| Total Marked Contract: | 6 |
| Total Marked Contingent: | 3 |
| Total Pending (contract + contingent) | 9 |
There are currently 76 homes listed for sale in Urbana. This represents roughly a 6-8 month absorption rate in Urbana. Urbana sellers got, on average, 92% of list price, compared to 82% last January. Compared to last month, average and median prices are relatively unchanged, indicating a leveling off of values, or at least a slowing down of the free-fall.
Compare to Urbana real estate market statistics for December 2009.
See Frederick County real estate market statistics for January 2010.
* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
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