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Washington Co Md Housing Report for December 2008

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$30K to >$500K Format

Washington County, MD
From: 12/01/2008 to 12/31/2008 Statistics generated on: 01/07/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop and
Ground Rent

Residential

Condo
Coop and
Ground Rent

of Units Sold
(No. of Units)

Under $30,000

0

0

1

0

1

0

1 -30 Days

10

$30,000-$39,000

0

0

0

0

6

1

31-60 Days

13

$40,000-$49,999

0

0

0

0

4

0

61 - 90 Days

6

$50,000-$59,999

1

1

0

1

5

0

91-120 Days

5

$60,000-$69,999

0

1

0

0

8

2

Over 120 Days

29

$70,000-$79,999

0

1

0

0

8

0

Total

63

$80,000-$89,999

0

2

0

0

14

0

$90,000-$99,999

3

0

0

0

20

1

Type of Financing
of Units Sold
(No. of Units)

$100,000-$119,999

2

3

0

1

35

6

$120,000-$139,999

3

3

0

0

60

8

Conventional

20

$140,000-$159,999

3

5

0

0

109

8

FHA

25

$160,000-$179,999

0

6

2

1

112

7

VA

3

$180,000-$199,999

0

1

0

0

106

4

Assumption

3

$200,000-$249,999

0

5

5

0

201

4

Cash

11

$250,000-$299,999

0

3

4

1

186

5

Owner Finance

1

$300,000-$399,999

0

2

2

0

154

1

All Other

0

$400,000-$499,999

0

0

0

0

61

0

Unreported

0

Over $500,000

0

0

0

0

77

1

Total

63

Totals

12

33

14

4

1167

48

Grand Totals

63 1215
20082007% Change
Total Sold Dollar Volume: $ 10,922,645 $ 18,443,512 - 40.78 %
Average Sold Price: $ 173,375 $ 227,698 - 23.86 %
Median Sold Price: $ 160,000 $ 195,500 - 18.16 %
Total Units Sold: 63 81 - 22.22 %
Average Days on Market: 143 182 - 21.43 %
Average List Price for Solds: $ 204,893 $ 254,047 - 19.35 %
Avg Sale Price as a percentage of Avg List Price: 84.62 % 89.63 %
Total Number of NEW listings
taken for the month: 129

Total Number of Properties
marked Contract for the month: 50
Total Number of Properties
marked Contingent for the month: 13

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 63

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.

Posted Wednesday Feb 04