| 21701 | 2010 | 2009 | % Change |
| Avg. Price | $214,200 | $245,400 | -13%
|
| Median Price | $209,750 | $216,500 | -3% |
| DaysOnMarket | 93
| 76
| +22% |
| # homes sold | 28
| 38
| -26% |
| New Listings: | 43
|
| Total Marked Contract: | 31 |
| Total Marked Contingent: | 12
|
| Total Pending (contract + contingent) | 43
|
The
inventory is 297 active listings in the zip code, which represents
roughly a 7-8 month absorption rate. Sellers are getting an average 91%
of list price, compared to 97% one year ago.
* * * * *
| 21702 | 2010 | 2009 | % Change |
| Avg. Price | $206,600 | $227,800 | -9% |
| Median Price | $185,500 | $208,200 | -11% |
| DOM | 78
| 100
| -22% |
| # homes sold | 26
| 40 | -35% |
| New Listings: | 54 |
| Total Marked Contract: | 19
|
| Total Marked Contingent: | 22 |
| Total Pending (contract + contingent) | 41
|
There
are currently 263 active listings in the zip code, representing roughly
a 6-8 month inventory. Sellers got 94% of list price on average,
compared to 95% last year.
* * * * * *
| 21703 | 2010 | 2009 | % Change |
| Avg. Price | $182,300 | $201,800 | -10% |
| Median Price | $185,000 | $187,000 | -1% |
| DaysOnMarket | 101
| 70
| +44% |
| # homes sold | 13 | 47
| -72% |
| New Listings: | 41 |
| Total Marked Contract: | 20
|
| Total Marked Contingent: | 12
|
| Total Pending (contract + contingent) | 32
|
This
zip code shows 236 active listings, representing roughly a 7-8 month
inventory. Sellers got an average of 90% of list price this
month, compared to 96% this time last year.
Notes: Inventory is shrinking, common for the holidays. Pending sales is still healthy, even with the usual seasonal slowdown.
* * * * * *
Compare to City of Frederick Real Estate Market Report for October 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