Frederick MD Real Estate Market Report - May 2009

Real estate market statistics for May 2009: Frederick MD

County-wide	2009	2008	% Change
Avg. Price	$287,312	$325,100	-12%
Median Price	$249,000	$286,000	-13%
DOM	130	184	-8%
# homes sold	221	184	+20%

New Listings:	434
Total Marked Contract:	177
Total Marked Contingent:	142
Total Pending (contract + contingent)	319

Note:  There are currently about 1500 homes listed for sale in Frederick County, that makes roughly a 7 month inventory , very close to a balanced market.  There are 319 pending sales, almost as high as last month’s 336 number.  Average home prices are still declining, but at a slower rate, days on market is declining, too.  But the best news is the number of homes sold, which has increased by 20% over last year. 

Compare to Frederick County Real Estate Market Report for April 2009 

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

Frederick County Real Estate Market Report - April 2009

	2009	2008	% Change
Avg. Price	$259,424	$322,660	-12%
Median Price	$229,325	$290,000	-21%
DOM	141	155	-9%
# homes sold	203	185	+10%

New Listings:	411
Total Marked Contract:	183
Total Marked Contingent:	153
Total Pending (contract + contingent)	336

 336 pending sales, although not all will close, is the highest number of pending since August 2006, and higher than last month’s number.  Compare these statistics to March Real Estate market report for Frederick County. 

Also:  Frederick City Market Report for April 2009.
Urbana Real Estate Market Report for April 2009
Walkersville Real Estate Market Report for April 2009
Middletown Real Estate Market Report for April 2009
Mount Airy Real Estate Market Report for April 2009
New Market Real Estate Market Report for April 2009