Frederick County Real Estate Market Statistics provided by the Highland Group,
Statistics have been published by MRIS* for November 2010
Here are the highlights:
County-wide | 2010 | 2009 | % Change |
Avg. Price | $261,800 | $259,700 | +1% |
Median Price | $234,000 | $234,450 | +0% |
DOM | 102 | 104 | -2% |
# homes sold | 154 | 216 | -29% |
New Listings: | 261 |
Total Marked Contract: | 125 |
Total Marked Contingent: | 88 |
Total Pending (contract + contingent) | 223 |
New Construction: 174 Listings, 16 Sold
Note: There are currently 1591 listings for sale in Frederick County. That makes roughly a 7-8 month inventory. The inventory is declining, close to a balanced market. 25 to 30% of sales continue to be short sales and foreclosures. Almost 20% of the inventory is short sales and foreclosures.
*Other notable sales statistics: Sellers got 93% of list price on average, compared to 95% at this same time last year.
Compare to October Real estate statistics
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.
Search for Homes for Sale in Frederick
The Highland Group – Frederick Real Estate
Chris & Karen Highland
301-831-9947
Turning Point Real Estate
isell4u2@msn.com
Text Us: 301-401-5119
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