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   


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.                                                                                                                                               

            Frederick Real Estate          Frederick Real Estate        
   The Highland Group - Real Estate Teams                        
                                        Chris & Karen Highland
                             Frederick County MD Real Estate Agents
                                        Real Estate Teams, LLC
                                      Text Us:  301-401-5119