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Home Home Sales In Laurel Maryland Zip Code 20707

Home Sales In Laurel Maryland Zip Code 20707

2010

2009

% Change

Total Sold Dollar Volume:

$ 4,929,460

$ 6,813,045

- 27.65 %

Average Sold Price:

$ 234,736

$ 252,335

- 6.97 %

Median Sold Price:

$ 215,000

$ 240,000

- 10.42 %

Total Units Sold:

21

27

- 22.22 %

Average Days on Market:

98

167

- 41.32 %

Average List Price for Solds:

$ 257,630

$ 291,873

- 11.73 %

Avg Sale Price as a
percentage of Avg List Price:

91.11 %

86.45 %

The above chart reflects sale of Laurel real estate zip code 20707 for March of 2010. The numbers above show the market in Laurel Md continues to fall. The Average Sold Price of $234, 736 is almost 7% less than last March.

The Median Sold Price in Laurel real estate has also dropped to $215,000 under last March. This reflects a drop in median price of over ten percent.

The number of units sold went from 27 units in March of 2009 to just 22 units in March of 2010.

However, another percentage drop is worth noting. The number of days it took a home to sell took only 98 days this March. That is over a 41% decrease from the 167 days it took to sell a home in March of '09.

For more information about Maryland real estate, visit Maryland homes.

Posted Sunday Apr 11