Real Estate in Frederick Md and Central Maryland

Frederick County Real Estate Statistics February 2013

Frederick County Real Estate Statistics February 2013

Market Snapshot provided by the Highland Group

Here is a snapshot of Frederick Count real estate statistics February 2013:

County-wide    2013      2012  % Change
Avg. Price  $270,600  $230,000         +18%   ↑↑
    Month-Over-Month  $270,600  $264,600 (Jan)           +2%    ↑
Median Price  $252,500  $215,000         +17%   ↑↑
    Month-Over-Month  $252,500  $247,000 (Jan)           +2%    ↑
DOM       72       113          -36%   ↓↓
# homes sold      166       166            0%    ↔
    Month-Over-Month      166       165 (Jan)            -2%   ↓
Total Listings      633       850           -26%  ↓↓
Inventory     3 mos.      6 mos.              
New Pending Sales       255        255           0%    ↔
Sale Price as
% of List Price
      96%        91%           


What’s Notable:

  • Cash deals were 17% of sales. There are still a lot of investors and cash buyers finding deals.
  • Of the 633 listings in Frederick County, 11% are short sales (70), and less than 1% are foreclosures (6). The trend for now seems to be fewer foreclosures on the market. Banks are encouraging distressed homeowners to undergo a Short Sale.
  • Distress sales are still an influence on prices. Of the 166 homes sold, 33 or 20% were Short Sales, 5 or less than 3% were foreclosures.

*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.

See Previous Frederick Real Estate Market Statistics

   The Highland Group
   Turning Point Real Estate
   8923 Fingerboard Road
   Frederick, Md 21704
   301-401-5119
Frederick Real Estate Online
8923 Fingerboard Rd. Ste. 300 FrederickMD21704 USA 
 • 301-401-5119
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