Urbana Real estate market statistics  provided by the Highland Group - Real Estate Teams

Real estate statistics for January sales have been published by MRIS.*  Here is the synopsis:

Urbana    2011    2010% Change
Avg. Price  $461,100 $346,000     +33%
Median Price  $473,000  $340,000      +39%
DOM (days on market)      41
# homes sold      9      9      +0%
New Listings:   31
Total Marked Contract:   8
Total Marked Contingent:   9
Total Pending (contract + contingent)   17

There are currently 66 homes listed for sale in Urbana.  This represents roughly a 4-5 month absorption rate in Urbana.  Sellers got an average of 97% of their list price compared to 92% this time last year.    The Urbana real estate market has leveled off and is seeing healthy sales numbers for the season.

Compare to Urbana real estate market statistics for December 2010

See Frederick County real estate market statistics for January 2011.

* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2010 - Information deemed reliable, but is not guaranteed.

Search for homes in Urbana, use our free MLS search:                                                                                                                                               

                                        Frederick Real Estate        
   The Highland Group