Frederick County Real Estate Market Statistics for November 2011
Frederick County Real Estate Market Report
for November 2011 provided by the Highland Group,
Statistics have been published by MRIS*
Here are the highlights:
| County-wide |
2011 |
2010 |
% Change |
| Avg. Price |
$253,600 |
$260,000 |
-2% |
| Median Price |
$220,000 |
$234,000 |
-6% |
| DOM |
133 |
105 |
+26% |
| # homes sold |
177 |
168 |
+6% |
| New Listings: |
241
|
| Total Marked Contract: |
93 |
| Total Marked Contingent: |
121 |
| Total Pending (contract + contingent) |
214 |
Note: There are currently 1054 listings for sale in Frederick
County. This inventory is a new recent low, making roughly a 5 month inventory, a balanced
market. 14% of sales were cash deals, reflecting a lot of investors in the market. There are fewer foreclosures on the market at this time, but we expect more in the spring and summer of 2012.
*Other notable sales statistics: Sellers got 88%
of list price on average, compared to 92% at this same time last year.
We’re seeing the market stabilize.
*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.
COMPARE to: Frederick County Real Estate Market Report for October 2011
Coming:
Frederick City Real Estate Report for November 2011
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
Chris & Karen Highland * 301-831-9947
Turning Point Real Estate – 301-831-8232
email us: isell4u2@msn.com
Text Us: 301-401-5119