| 21701 | 2010 | 2009 | % Change |
| Avg. Price | $317,800 | $229,500 | +38
|
| Median Price | $265,000 | $218,500 | +21% |
| DaysOnMarket | 75
| 105 | -29% |
| # homes sold | 29
| 46
| -37% |
| New Listings: | 71
|
| Total Marked Contract: | 19 |
| Total Marked Contingent: | 23
|
| Total Pending (contract + contingent) | 42
|
The
inventory is 323 active listings in the zip code, which represents
roughly a 8-9 month absorption rate. Sellers are getting an average 91%
of list price, compared to 92% one year ago. 31% of sales in October were cash deals. 5-7% is typical any given month.
* * * * *
| 21702 | 2010 | 2009 | % Change |
| Avg. Price | $236,900 | $232,500 | +2% |
| Median Price | $214,900 | $207,750 | +4% |
| DOM | 75
| 104
| -28% |
| # homes sold | 33
| 34 | -3% |
| New Listings: | 59 |
| Total Marked Contract: | 20
|
| Total Marked Contingent: | 27 |
| Total Pending (contract + contingent) | 47
|
There
are currently 274 active listings in the zip code, representing roughly
a 6-8 month inventory. Sellers got 92% of list price on average,
compared to 92% last year. 12% of sales were cash transactions.
* * * * * *
| 21703 | 2010 | 2009 | % Change |
| Avg. Price | $205,700 | $189,000 | +9% |
| Median Price | $180,100 | $180,000 | +.05% |
| DaysOnMarket | 64 | 104
| -38% |
| # homes sold | 21 | 55
| -62% |
| New Listings: | 45 |
| Total Marked Contract: | 17
|
| Total Marked Contingent: | 20
|
| Total Pending (contract + contingent) | 37
|
This
zip code shows 243 active listings, representing roughly a 6-8 month
inventory. Sellers got an average of 94% of list price this
month, compared to 92% this time last year. 14% of sales this month were cash transactions.
* * * * * *
Compare to Frederick City Real Estate Market Report for September 2010
______________________________________________________________
To see homes on the market, use our free MLS search, or contact us
for information about the Frederick Real Estate Market or the
Montgomery County Real Estate
Market.
_________________________________________________________
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