Frederick County Real Estate Market Report for December 2010
Frederick County Real Estate Market Statistics provided by the Highland Group,
Statistics have been published by MRIS* for December 2010
Here are the highlights:
| County-wide | 2010 | 2009 | % Change |
| Avg. Price | $252,500 | $251,200 | -1% |
| Median Price | $221,850 | $230,000 | -4% |
| DOM | 88
| 124 | -29% |
| # homes sold | 192 | 180 | +7% |
| New Listings: | 234
|
| Total Marked Contract: | 87
|
| Total Marked Contingent: | 90
|
| Total Pending (contract + contingent) | 177
|
New Construction: 171 Listings, 12 Sold
Note:
There are currently 1488 listings for sale in Frederick County. That
makes roughly a 8-9 month inventory. 15%
of sales were cash deals, reflecting mostly investors. The
inventory is declining. 25
to 30% of sales continue to be short sales and foreclosures. Almost 20% of the inventory is short sales and foreclosures.
*Other notable sales statistics: Sellers got 92% of list price on average, compared to 90% at this same time last year. Closed sales in December were up 25% from November.
COMPARE to: Frederick County Real Estate Market Report for November 2010
Coming:
Frederick City Real Estate Report for December 2010
Middletown Real Estate Report
Urbana Real Estate Report
Walkersville Real Estate Report
Mount Airy Real Estate Report
New Market Real Estate Report
Thurmont Real Estate Report
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 - Real Estate Teams
Chris & Karen Highland
Frederick County MD Real Estate Agents
301-831-9947
Real Estate Teams, LLC
isell4u2@msn.com
Text Us: 301-401-5119