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Charlie French
The Frederick County Maryland market continues in correcting. These data do not include any private sales; the numbers are taken from the MLS and are believed to be accurate but are not guaranteed.
Media and average reports speak in general terms, rather than local, so that the formation may not represent the reality of our local Frederick County real estate market, as Location will be the driving price (Closer to Washington DC. Will demand a higher price). Having MLS, data from a knowledgeable agent in the local area Will help you as the buyer or seller in understanding the local market conditions.
In January 2009 there were 185 homes sold in Frederick County, as compared to 129 for December. Total active listing for January is 1517 with 309 new listing for January. Here is the breakdown of overall activity.
Average Sales Price Median Sales Price
$272,411 $252,000
For a complete breakdown on the housing and condominium market in Frederick County
Visit my web site at www.charlieshomefinder.com
Charlie French
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 |
Active Listings |
Time on Market |
||||||
|
Price Class |
2 |
|
4 |
Condo |
Residential |
Condo |
of Units Sold |
|
|
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 |
|
|
$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 |
|
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$30K to >$500K Format
Frederick County, MD
From: 12/01/2008 to 12/31/2008 Statistics generated on: 01/07/2009
|
Residential |
Active Listings |
Time on Market |
||||||
|
Price Class |
2 |
|
4 |
Condo |
Residential |
Condo |
of Units Sold |
|
|
Under $30,000 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
33 |
|
$30,000-$39,000 |
0 |
0 |
0 |
0 |
0 |
0 |
31-60 Days |
18 |
|
$40,000-$49,999 |
0 |
0 |
0 |
0 |
0 |
0 |
61 - 90 Days |
15 |
|
$50,000-$59,999 |
0 |
0 |
0 |
0 |
0 |
0 |
91-120 Days |
14 |
|
$60,000-$69,999 |
0 |
0 |
0 |
0 |
1 |
0 |
Over 120 Days |
65 |
|
$70,000-$79,999 |
0 |
0 |
0 |
1 |
3 |
0 |
Total |
145 |
|
$80,000-$89,999 |
0 |
0 |
0 |
0 |
0 |
0 |
||
|
$90,000-$99,999 |
0 |
0 |
0 |
0 |
8 |
4 |
Type of Financing |
|
|
$100,000-$119,999 |
2 |
5 |
0 |
0 |
18 |
8 |
||
|
$120,000-$139,999 |
0 |
2 |
1 |
0 |
43 |
9 |
Conventional |
58 |
|
$140,000-$159,999 |
1 |
6 |
1 |
1 |
60 |
15 |
FHA |
62 |
|
$160,000-$179,999 |
1 |
5 |
1 |
3 |
94 |
27 |
VA |
8 |
|
$180,000-$199,999 |
2 |
11 |
6 |
1 |
113 |
31 |
Assumption |
5 |
|
$200,000-$249,999 |
3 |
15 |
8 |
1 |
255 |
28 |
Cash |
8 |
|
$250,000-$299,999 |
0 |
10 |
6 |
0 |
255 |
11 |
Owner Finance |
0 |
|
$300,000-$399,999 |
0 |
8 |
25 |
0 |
381 |
5 |
All Other |
4 |
|
$400,000-$499,999 |
0 |
2 |
7 |
0 |
211 |
4 |
Unreported |
0 |
|
Over $500,000 |
0 |
0 |
10 |
0 |
280 |
8 |
Total |
145 |
|
Totals |
9 |
64 |
65 |
7 |
1722 |
150 |
||
|
Grand Totals |
145 | 1872 |
|
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
I would like to know your opinion on the new stimulus Package how should the Small Business Administration fit into the PLAN? I think it should be the focal point of the STIMULUS PACKAGE; it should expand its loan programs to all Business now more than ever due to the credit melt down.There are only few banks that are approved by the Small Business Administration to lend out money, why is this? Small Business is the Heart of America; every small business owner wants to become a Bill Gates or Steve Jobs.
Would this help Broker/owner business?
Thank you
Charlie
p.s. I do not work for (SBA)
I am a professional full time Real Estate Agent.
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