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July 2009

Frederick County Real Estate Market Report for June 2009

Jul. 23, 2009

Frederick County real estate market statistics for June 2009:  MRIS has published the real estate sales statistics for Frederick County for June 2009*

County-wide     2009     2008 % Change
Avg. Price   $278,312  $310,900     -11%
Median Price   $260,000   $272,500      -5%
DOM       116       131       -11%
# homes sold       237       198     +20%
New Listings:    390
Total Marked Contract:    175
Total Marked Contingent:    144
Total Pending (contract + contingent)    319

Note:  There are currently 1739 homes listed for sale in Frederick County, that makes roughly a 7 month inventory.  There are 319 pending sales, the same as last month’s number.  Prices are falling, but at a lower percentage, days on market are still decreasing.  The number of homes sold has increased by 20% over last year. 

Compare to Frederick County Real Estate Market Report for May 2009 

See Frederick City Real Estate Market Report for June 2009

*All statistics are gathered from the MRIS, Metropolitan Regional Information System, and while accurate, are not guaranteed.

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