Frederick County Real Estate Statistics for August 2011

Monday, September 19, 2011

Frederick County Real Estate Market Report for August 2011 provided by the Highland Group,

Statistics have been published by MRIS*

Here are the highlights:




County-wide           2011              2010            % Change

Avg. Price             $266,800       $267,900             0%

Median Price         $233,000       $238,000             -2%

DOM                       98                   93                 +5%

# homes sold           227                 227                  0%

New Listings:                                             347

Total Marked Contract:                             115

Total Marked Contingent:                          146

Total Pending (contract + contingent)         261



Note: There are currently 1244 listings for sale in Frederick County. That makes roughly a 5-6 month inventory, a balanced market. 14% of sales were cash deals, reflecting mostly investors. 25 to 30% of monthly sales continue to be short sales and foreclosures.

*Other notable sales statistics: Sellers got 93% of list price on average, compared to 93% 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.


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.


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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