April 2008 Hughesville Real Estate Market Report

April saw 11 new resale listings and seven new construction listing. As expected, activity has picked up but not enough to substantially increase absorption rate. Like last month, the resale market increased under contracts and volume appears to be realatively steady.

I think prices have come down to a point that has generated buyer interest, however prices continue to drift downward in some neighborhoods. Resales were priced between $220,000-$1,199,000. New Construction was priced between $349,900-$989,900.

Feel free to contact me with questions.

Includes: Benedict Plantation, Bryantown Estates, Cameron Ridge, Carrico Mill, Carriage Crossing, Country Road Estates, Eastern Hills, Indian Creek Estates, Lake Jameson, Oakland Acres, Pine Grove Estates, Sandy Level Estates, Scouts Trail, Stoneleigh, Swanson Creek Landing, Walnut Hills, Willow Creek, Woodlawn Manor

Includes: Benedict Farms, Bucks Run, Carriage Crossing, Crystal Lake, Forest Run, Herbert Fields, Lake Jameson, Maple Brooke, Naylors Reserve, Ole Field Estates, Stoneleigh, Swan's Rest

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When buying or selling a home in Hughesville, MD and the surrounding area, you deserve local expertise and advice. Craig W. Barrett provides professional Real Estate services to home buyers and sellers in the Maryland areas of Hughesville, Charlotte Hall, Benedict, Waldorf, La Plata, Mechanicsville, Aquasco, Baden, Croom, Prince Frederick, Broomes Island, Dunkirk, Huntingtown and the Virginia areas of Leesburg, Ashburn, Aldie, Oak Hill, Fairfax, Montross and King George.