| Total Sold Dollar Volume: | $ 2,805,612 | $ 3,659,720 | - 23.34 % |
| Average Sold Price: | $ 187,041 | $ 243,981 | - 23.34 % |
| Median Sold Price: | $ 180,000 | $ 242,000 | - 25.62 % |
| Total Units Sold: | 15 | 15 | 0.00 % |
| Average Days on Market: | 128 | 95 | 34.74 % |
| Average List Price for Solds: | $ 206,761 | $ 269,646 | - 23.32 % |
| Avg Sale Price as a percentage of Avg List Price: |
90.46 % | 90.48 % |
As you can see from the above chart comparing home sales in Greenbelt Md from last Septermber 2008 with this September 2009, there have been some changes.
In September 2008 the Average Sold Price for a home was $243,981. In September of 2009, the Average Sold Price for a home was just $187,041. That is over a 23 % decrease in price.
Comparing the Median Sold Price over the same time period, we see a drop from last September with this September 2009 of over 25%! In September 2008 the Median Sold Price was $242,000, but in September 2009 the Median Sold Price was just $180,000. That is over a $60,000 price drop.
All buyers should be considering Greenbelt Md for the purchase of a home. The city is in a great location with Interstate 95 and the Baltimore Washington Parkway nearby.
For more information about Maryland home sales, visit Maryland real estate.
| Total Sold Dollar Volume: | $ 13,826,278 | $ 13,071,235 | 5.78 % |
| Average Sold Price: | $ 288,047 | $ 326,781 | - 11.85 % |
| Median Sold Price: | $ 290,000 | $ 335,000 | - 13.43 % |
| Total Units Sold: | 48 | 40 | 20.00 % |
| Average Days on Market: | 115 | 91 | 26.37 % |
| Average List Price for Solds: | $ 307,862 | $ 344,803 | - 10.71 % |
| Avg Sale Price as a percentage of Avg List Price: |
93.56 % | 94.77 % |
The above chart displays a comparison between this Speptember 2009 and last September 2008 of home sales in Columbia Maryland 21045.
The statistics abover are consistent with many areas of Maryland real estate. Total Sold Dollar Voume is up about six percent. Both the Average Sold Price and the Median Sold price for Columbia Md 21045 have declined about 12% and about 13% respectively.
The Average list price for Solds has dropped over ten percent from $344,803 to $307,862. This lower listing price has probably helped the number of sales in Columbia Md increase by twenty percent from 40 to 48 houses.
September 2009 as compared to September 2008 was very different for two local Maryland cities.
For Burtonsville Md real estate the numbers this September look good compared to September 2008. Total Sold Dollar Volume was up almost 80 percent and the total units sold doubled! Sellers were getting a little more of their list price than the previous September.
However, for Laurel Maryland in Howard County, the numbers are a little different. September 2009 was not as good as September 2008. Total Sold Dollar Volume down almost 40 percent. The number of homes sold dropped from 28 to 18, a 35% decline.
What is strange is that these two communities border each other. Burtonsville Maryland is in Montgomery County and Laurel Maryland 20723 is in Howard County.
Why did one community seem to have a better September than the other?
I am not sure.
However, if we take a look at the Average and Medium Sold Price categories, they may offer a clue.
Laurel Maryland Medium price for sold homes, dropped almost 15% to $269,000. Burtonsville Md Average Sold Price had a much smaller drop to $260,000.
My experience with buyers indicates to me that a significant portion of first time home buyers, are much more comfortable with the lower price point. As we say sales, there are a lot more fish in that lower price range. Burtonsville, was already there and was good alternative for some buyers.
For more information on Maryland home sales, visit Maryland real estate.
Burtonsville Maryland borders Laurel Maryland. While most of Laurel is in Prince Georges County, all of Burtonsville is in Montgomery County Maryland.
Home Sales in Burtonsville Md increased significantly this September as compared to last September 2008.
Despite declining prices, the total dollar volume of homes sold almost doubled in September 2009 as compared to September a year ago. Total sold volume of Burtonsville Md homes went from just over two million dollars in homes last year to almost four and half million dollars a year later.
This increase was also marked by the number of homes sold increasing 100% over last September. In September of 2008 in Burtonsville Md, ten homes were sold. However, in September of 2009 twenty homes were sold in Burtonsville.
This increase was helped by the ten percent decrease in prices of homes for sale Burtonsville Md., this Septemeber as compare to last. Governement incentives and aggressive loan programs also helped sales in Burtonsville Md.
For more information on Maryland real estate, visit Maryland home sales.
| Total Sold Dollar Volume: | $ 149,595,973 | $ 155,954,854 | - 4.08 % |
| Average Sold Price: | $ 225,976 | $ 285,632 | - 20.89 % |
| Median Sold Price: | $ 212,925 | $ 266,000 | - 19.95 % |
| Total Units Sold: | 662 | 546 | 21.25 % |
| Average Days on Market: | 133 | 141 | - 5.67 % |
| Average List Price for Solds: | $ 255,230 | $ 317,455 | - 19.60 % |
| Avg Sale Price as a percentage of Avg List Price: |
88.54 % | 89.98 % |
The above chart is a comparison of home sales this September with September of 2008 in Prince Georges County Maryland. Laurel Md real estate is located in Prince Georges County.
As you can see, the trend of falling prices in Prince Georges home values continue. Both the Average Sold Price of $225,976 and the Median Sold Price of $212,925, have fallen about 20 percent from last September. This has been the trend for most of 2009.
Also consistent with the trend of 2009 is the increase in the number of homes sold in Prince Georges County Maryland. Home sales in Prince Georges this September increased over 20 percent from last September. One of the big reasons for the increase in sales has been the impending deadline for the $8000 tax credit for first time home buyers.
Homes are selling faster as well. The Average Days on Market dropped from 141 days to 133 days.
For more information on Maryland home sales, visit Maryland real estate.
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I serve real estate needs in Montgomery, Prince Georges, Howard and Ann Arundel counties in Maryland. Including the cities of Laurel, Bowie,Silver Spring, Rockville, Columbia and Baltimore MD.
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