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Rob & Jeannie Steward

Frederick County, MD - Real Estate Trend Indicator - 01/01/2009 to 01/31/2009

Real Estate Trend Indicator - <$30K to >$500K Format

Frederick County, MD
From: 01/01/2009 to 01/31/2009 Statistics generated on: 02/06/2009

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

1

0

0

0

1

0

1 -30 Days

17

$30,000-$39,000

0

0

0

0

0

0

31-60 Days

22

$40,000-$49,999

0

0

0

0

1

0

61 - 90 Days

13

$50,000-$59,999

0

0

0

0

0

0

91-120 Days

15

$60,000-$69,999

1

0

0

0

1

0

Over 120 Days

53

$70,000-$79,999

0

0

0

0

2

0

Total

120

$80,000-$89,999

0

0

0

0

2

1

$90,000-$99,999

0

1

0

1

7

2

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

$100,000-$119,999

0

2

1

1

25

6

$120,000-$139,999

0

2

0

0

38

10

Conventional

48

$140,000-$159,999

2

6

1

1

65

16

FHA

41

$160,000-$179,999

1

3

4

5

95

18

VA

14

$180,000-$199,999

0

6

5

1

93

33

Assumption

7

$200,000-$249,999

0

7

12

0

247

20

Cash

8

$250,000-$299,999

2

1

7

0

252

8

Owner Finance

0

$300,000-$399,999

0

9

20

1

357

4

All Other

2

$400,000-$499,999

0

1

9

0

214

4

Unreported

0

Over $500,000

0

0

6

0

263

7

Total

120

Totals

7

38

65

10

1663

129

Grand Totals

120 1792
20092008% Change
Total Sold Dollar Volume: $ 32,183,215 $ 42,681,600 - 24.60 %
Average Sold Price: $ 268,193 $ 341,453 - 21.46 %
Median Sold Price: $ 239,950 $ 295,000 - 18.66 %
Total Units Sold: 120 125 - 4.00 %
Average Days on Market: 152 149 2.01 %
Average List Price for Solds: $ 309,618 $ 381,112 - 18.76 %
Avg Sale Price as a percentage of Avg List Price: 86.62 % 89.59 %
Total Number of NEW listings
taken for the month: 329

Total Number of Properties
marked Contract for the month: 86
Total Number of Properties
marked Contingent for the month: 97

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 183

Real Estate Trend Indicator - Montgomery County, MD - 01/01/2009 to 01/31/2009

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

Montgomery County, MD
From: 01/01/2009 to 01/31/2009 Statistics generated on: 02/06/2009

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

0

0

0

2

1 -30 Days

78

$30,000-$39,000

0

0

0

0

0

0

31-60 Days

64

$40,000-$49,999

0

0

0

0

0

3

61 - 90 Days

52

$50,000-$59,999

0

0

0

0

1

3

91-120 Days

47

$60,000-$69,999

0

0

0

0

0

6

Over 120 Days

146

$70,000-$79,999

0

0

0

4

0

12

Total

387

$80,000-$89,999

0

0

0

2

2

15

$90,000-$99,999

0

0

0

0

1

34

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

$100,000-$119,999

0

1

0

4

6

58

$120,000-$139,999

2

1

0

3

32

71

Conventional

203

$140,000-$159,999

0

1

0

5

67

76

FHA

119

$160,000-$179,999

2

6

3

5

112

118

VA

11

$180,000-$199,999

1

9

3

5

142

129

Assumption

16

$200,000-$249,999

1

23

11

19

396

232

Cash

32

$250,000-$299,999

1

24

20

13

447

137

Owner Finance

2

$300,000-$399,999

5

31

33

18

700

155

All Other

4

$400,000-$499,999

0

15

25

3

449

66

Unreported

0

Over $500,000

0

14

69

5

1470

103

Total

387

Totals

12

125

164

86

3825

1220

Grand Totals

387 5045
20092008% Change
Total Sold Dollar Volume: $ 163,251,892 $ 210,214,975 - 22.34 %
Average Sold Price: $ 421,840 $ 494,623 - 14.72 %
Median Sold Price: $ 319,000 $ 409,000 - 22.00 %
Total Units Sold: 387 425 - 8.94 %
Average Days on Market: 120 120 0.00 %
Average List Price for Solds: $ 475,064 $ 546,710 - 13.10 %
Avg Sale Price as a percentage of Avg List Price: 88.80 % 90.47 %
Total Number of NEW listings
taken for the month: 1095

Total Number of Properties
marked Contract for the month: 287
Total Number of Properties
marked Contingent for the month: 353

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 640

Creating a Functional Kitchen


The kitchen has always been the focal point of a home's living area, and one of the first features buyers look at during their home search. As many people cut back on expenses by eating out less and cooking at home more, having a functional kitchen has become even more important than ever.

If you are thinking of remodeling your kitchen, take the current economic climate into account when making your choices. Last month, builders and designers gathered for the International Builders' Show and discussed the following trends for kitchens:

  • Pick a layout that makes it easier for two people to be working in the kitchen at the same time, such as putting the oven under the counter to one side of the cooktop.
  • Install multiple refrigerators to accommodate extra groceries. Good options include under-the-counter and island models as well as refrigerator drawers.
  • Achieve a calm environment by choosing appliances that run quietly and using calming colors such as green and blue.
  • Making the kitchen more inviting doesn't have to cost a lot. Use expensive tile only as a backsplash or accent, or splurge on designer hardware.

More kitchen design ideas can be found at the National Kitchen and Bath Association Web site at www.nkba.org.

Pending Home Sales Index, based on contracts signed in December, Rose 6.3 Percent!!!


Destroy The Myth That Nothing Is Selling And Nobody Can Get Mortgage Approval!

More good news! For the second week in a row, there has been an unexpected improvement in the real estate market. Today, the National Association of Realtors (NAR) reported that its Pending Home Sales Index, based on contracts signed in December, rose 6.3 percent. It had been projected that pending sales would fall.

"The monthly gain in pending home sales, spurred by buyers responding to lower home prices and mortgage interest rates, more than offset an index decline in the previous month," said Lawrence Yun, chief economist for NAR. "The biggest gains were in areas with the biggest improvements in affordability."

Spread the good news!


Easy to use Mortgage Calculator at....

Pending Home Sales Index, based on contracts signed in December, Rose 6.3 Percent!!!


Destroy The Myth That Nothing Is Selling And Nobody Can Get Mortgage Approval!

More good news! For the second week in a row, there has been an unexpected improvement in the real estate market. Today, the National Association of Realtors (NAR) reported that its Pending Home Sales Index, based on contracts signed in December, rose 6.3 percent. It had been projected that pending sales would fall.

"The monthly gain in pending home sales, spurred by buyers responding to lower home prices and mortgage interest rates, more than offset an index decline in the previous month," said Lawrence Yun, chief economist for NAR. "The biggest gains were in areas with the biggest improvements in affordability."

Spread the good news!


Easy to use Mortgage Calculator at....