Tuesday, February 15, 2011 2:53 PM
Urbana Real Estate Market Report for January 2011
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|| 125 || -67%|
|# homes sold|| 9|| 9|| +0%|
|New Listings:|| 31|
|Total Marked Contract:|| 8|
|Total Marked Contingent:|| 9|
|Total Pending (contract + contingent)|| 17|
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.
for homes in Urbana, use our free MLS
The Highland Group