The weather is gorgeous in the DC area. After a strange winter it seems like Spring is really here.
Today should be a great day for house shopping.
There are great homes open to the public today, March 11, 2012
PG County Open Houses, March 12, 2012
Remember when visiting the open houses that the agent holding the open house works exclusively for the seller. In MD, that agent is not allowed to solicit you as a client while at the open house.
If you see a home you like and want more information or if you would like buyer representation for your home search please give Stacey Baugh a call - 240-481-3565. Also, if you aren't able to make it this weekend we can schedule a private tour of the home.
The Prince George's County Market appears to be heating up in some areas. Though the total home sales is down slightly from this time last year, there are many fewer homes on the market, and more home under contract. One factor that may contributing to the slightly lower sold homes is the increase in short sales. There were many more short sales (318 vs. 204) and significantly fewer foreclosures (338 vs. 579) that sold in PG County in January & February 2012.
The most active price ranges are the ones under $200,000. Many buyers in these ranges are seeing homes sell in a few days and with multiple offers. Whereas, very few homes in the upper price brackets sold in the first 2 months of 2012.
The most active cities within PG County were Hyattsville, Bowie, Upper Marlboro, & Fort Washington
Upper Marlboro, MD SOLD Homes February 2012
Houses SOLD: 66
Average LIST price: $241,135
Average SELLING price: $234,821
Average DAYS ON MARKET: 101
LOWEST SALE price: $33,000 - 1 bedroom, 1 bathroom condo located in Treetop, built in 1977 - foreclosure
HIGHEST SALE price: $725,793 - 4 bedroom, 4.5 bathroom single family home located in Beechtree, built in 2011 -new construction
Upper Marlboro, MD ACTIVE listings (as of 3/5/2012)
ACTIVE Houses: 425
Average LIST Price: $291,724
LOWEST LIST Price: $23,500 - 2 bedroom,1 bath mobile home located in Flower Village built in 1983
HIGHEST LIST Price: $1,500,000 - 3 bedrooms, 1 bath single-family home built in 1956 (4 acres)
Current Average Days on Market: 163
Upper Marlboro, MD UNDER CONTRACT listings (as of 3/5/2012)
UNDER CONTRACT Houses: 400
Average LIST Price: $218,945
LOWEST LIST Price: $20,000 - 2 bedroom, 1 bath condo located in Treetop, built in 1976
HIGHEST LIST Price: $720,000 - 4 bedroom, 4.5 bathroom single family home located in Marlboro Ridge built in 2009 - short sale
Average Days on Market: 89
Search for Homes in Upper Marlboro, MD
If you would like to buy or sell a home in Upper Marlboro MD please contact Stacey Baugh.
Beginning in January 2010 I implemented $150 donation to charity with every closing.
Following the successful closing of 11607 Cheltenham Road, Upper Marlboro MD 20772 I am happy to report that the following donations have been made:
My Choice:
Buyer's Choice
This charitable donation has become one of my favorite parts of the real estate transaction. I am excited to be able to make these donations and I look forward to making many more donations in the coming months (and years).
Beginning in January 2010 I implemented $150 donation to charity with every closing.
Following the successful closing of 2211 Turley Green Place, Upper Marlboro MD 20774 I am happy to report that the following donations have been made:
My Choice:
Buyer's Choice
This charitable donation has become one of my favorite pats of the real estate transaction. I am excited to be able to make these donations and I look forward to making many more donations in the coming months (and years).
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