Powered by RealTown Blogs

Frederick MD Real Estate Market Report - May 2009

Jun. 29, 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.

0 Comments | Post A Comment! | Permanent Link
View more entries tagged with: , ,

Write a Comment
Your Name:  RealTown Members: Click here to login
Your E-Mail: 
Your Website: 
Subject: 
Your Comment: 
Notifications: 
Privacy: 
Verification: 
To verify that you are a human and not a script, please enter the verification word from the image into the box on the right.