Solomons, MD Real Estate - YTD 2011 vs. 2010

Solomons, MD Real Estate - YTD 2011 vs. 2010 - Solomons, MD sales prices show improvement in 2011 vs. 2010.

There have been 25 sales year to date vs. 28 sales in 2010.

(Solomons/Dowell)

2010 average sales price - $313,507 2011 average sales price YTD - $339,912

Averages can be distorted when the highest sale/s is significantly higher or lower than the other sales. It is interesting to note that the highest sale/s in 2011 are significantly lower than the highest sale/s in 2010, with highest sales in 2011 at $739,900 and $567,000 and the highest sales in 2010 at $850,000 and $706,400, which gives the price increases more credibility with relationship to the numbers of sales.

(statistics source: Solomons, MD / Dowell, MD - Metropolitan Residential Information Systems

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