Laurel MD Market Report - May 2010

Laurel, MD SOLD Homes May 2010

Houses SOLD:  110

Average LIST price:  $291.850

Average SELLING price:  $285,069

Average DAYS ON MARKET: 69

LOWEST SALE price:  $83,000 - 3 bedroom, 2.5 bath condo located in Applewalk (Prince George's County) built in 1973 - foreclosure

HIGHEST SALE price:  $668,000 - 4 bedroom, 3 full & 2 half baths single-family home located in Kindler Estates(Howard County), built in 1986

Laurel, MD ACTIVE listings (as of 6/9/10)                  

ACTIVE Houses:  487

Average LIST Price:  $305,734

LOWEST LIST Price:  $58,300 - 3 bedroom,2 bath mobile home (Anne Arundel County), built in 2003

HIGHEST LIST Price:  $1,750,000 - 5 bedroom, 6 baths, single-family home in Stone Lake (Howard County) - built in 2008

Current Average Days on Market:  111

 

Laurel, MD UNDER CONTRACT listings (as of 6/9/10)

UNDER CONTRACT Houses:  277

Average LIST Price:  $273,674

LOWEST LIST Price:  $89,900 - 2 bedrooms, 1 bath single family home  (Prince George's County), built in 1892 - foreclosure

HIGHEST LIST Price:  $785,000 -5 bedroom, 4.5 bath single-family home located in Stonelake (Howard County), built in 2004

Average Days on Market:  76

Laurel, MD is conveniently located between Baltimore and DC.  Laurel, MD is a unique city in that is located in four local counties, Montgomery, Prince Georges, Howard, & Anne Arundel.