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Home PRICE DECLINES IN MARYLAND COUNTIES BETWEE...

PRICE DECLINES IN MARYLAND COUNTIES BETWEEN JULY 2006 AND JULY 2009.

PRICE DECLINES IN MARYLAND COUNTIES BETWEEN JULY 2006 AND JULY 2009.

Let's look at some facts. Home owners in Maryland experienced significant price declines between July 2006 and July 2009. Properties in some counties declined in price more than others as a percentage of the SOLD price.

What accounts for the ranges in price declines? We can only speculate. However, our speculation is a reflection of our experience in the market place and the stated reasons that home buyers give as their preference for location, location, location.

The #1 reason prospective buyers give for wanting to buy a home in Howard and Montgomery Counties is the public school ranking. A high number of Anne Arundel County prospective buyers are seeking water oriented homes.

COUNTY IN MARYLAND Av. SOLD Av. SOLD Average PRICE %
July '06 July '09 July, 06 to July, '09
Anne Arundel County 354,099 432,290 82%
Baltimore County 323,544 279,109 86%
Frederick County 261,922 369,503 71%
Howard County 411,662 461,990 89%
Montgomery County 459,258 547,991 84%
Prince George's County 229,756 338,585 68%

  • Anne Arundel County has a large number of waterfront properties which maintain their value well.
  • Baltimore County is convenient to the huge employment centers in Baltimore City.
  • Howard County has a large percentage of luxury properties and a highly ranked public school system.
  • Montgomery County has a huge luxury market, highly ranked public schools and METRO to D.C.

    • Luxury Home Sold in Montgomery County MD Waterfront in Anne Arundel County

    Luxury Home in Potomac MD, Montgomery County Waterfront Home in Annapolis

    Sold for $5,000,000. Sold for $925,000

    Map Maryland

    Courtesy Lenn Harley, Broker, Homefinders.com, 800-711-7988.

    House Image

    For real estate help in Maryland, contact Lenn. We are local agents and brokers serving home buyers in Maryland and can help you find the very best home for your money. Want to take a tour of homes? Just call Lenn at, 800-711-7988.

    Want to see what's for sale in Maryland today? Click below.

    Maryland and Northern Virginia Homes for Sale.

    We can help.

    Posted Wednesday Aug 26