Real Estate Marketing Specialists

Frederick County Real Estate Report – August 2013

Frederick County Real Estate Report – August 2013

Frederick County Real Estate Market Snapshot provided by the Highland Group

Frederick Real Estate August 2013

Real estate sales are steady… Here is a snapshot of Frederick County real estate statistics August 2013:

County-wide  2013   2012 % Change
Avg. Price  $289,800  $291,100       +0%  ~
    Month-Over-Month  $289,800  $309,000 (Jul)        -6%  ↓
Median Price  $263,000  $280,000       -6%   ↓
    Month-Over-Month  $282,750  $282,750 (Jul)       -7%   ↓
DOM       55       78      -29% ↓↓
# homes sold      312       259      +20% ↑↑
    Month-Over-Month      312       340 (Jul)       -8%  ↓
Total Listings      937      849     +10%  ↑
Inventory     3 mos.      3-4 mos.           ↓
New Pending Sales       290        270      +7%  ↑↑
Sale Price as
% of List Price
     96%        93%           ↑


What’s Notable:

  • Cash deals were 17% of sales, there are still a lot of investors and cash purchasers in the market.
  • The inventory is up from a low of 600, with 937 active listings, but still very low, compared to a normal market of 1300-1400. With good demand and low inventory, we can expect some appreciation.
  • Even with some single-digit percentage appreciation, buyers and sellers should anticipate possible problems with appraisals. Remember, appraisals are based the the previous 3 to 6 months of sales. Patience and a cool head will help.

For a historical view of home prices:

Frederick Md Real Estate

Frederick Md Real Estate

*MRIS – Metropolitan Regional Information System – These statistics are not guaranteed but are considered accurate.

See Previous Frederick Real Estate Market Statistics

Search for Homes for Sale in Frederick County:

  1. 5 beds, 3 full, 1 half baths
    Home size: 5,274 sq ft
    Lot size: 8,824 sqft
    Year built: 2004
    Parking spots: 2
    Days on market: 0
  2. 4 beds, 2 full, 1 half baths
    Home size: 3,368 sq ft
    Lot size: 9,200 sqft
    Year built: 2013
    Parking spots: 2
    Days on market: 1
  3. 3 beds, 2 full, 1 half baths
    Lot size: 1,100 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 1
  4. 3 beds, 3 full, 1 half baths
    Lot size: 1,746 sqft
    Year built: 1991
    Days on market: 1
  5. 3 beds, 2 full, 1 half baths
    Home size: 1,704 sq ft
    Lot size: 1,341 sqft
    Year built: 2002
    Parking spots: 1
    Days on market: 1
  6. 5 beds, 3 full baths
    Home size: 3,207 sq ft
    Lot size: 41,817 sqft
    Year built: 1977
    Parking spots: 2
    Days on market: 1
  7. 3 beds, 1 full, 1 half baths
    Year built: 1994
    Days on market: 1
  8. 6 beds, 5 full, 1 half baths
    Lot size: 7,841 sqft
    Year built: 2008
    Parking spots: 2
    Days on market: 1
  9. 3 beds, 1 full bath
    Lot size: 1,650 sqft
    Year built: 1895
    Days on market: 1
  10. 3 beds, 2 full, 1 half baths
    Lot size: 12,632 sqft
    Year built: 2005
    Days on market: 1

See all Real estate matching your search.
(all data current as of 1/17/2017)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

   The Highland Group
eXp Realty
.
Frederick, Md 21704
301-401-5119

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