Real Estate in Frederick Md and Central Maryland

Frederick County Real Estate Statistics January 2013

Frederick County Real Estate Statistics January 2013

Market Snapshot provided by the Highland Group

Frederick real estate sales were up over last January. Here is a snapshot of Frederick Count real estate statistics January 2013:

County-wide    2013      2012  % Change
Avg. Price  $264,600  $227,600         +16%   ↑↑
    Month-Over-Month  $264,600  $277,200 (Dec)           -5%    ↓
Median Price  $247,000  $196,500         +26%   ↑↑
    Month-Over-Month  $247,000  $265,000 (Dec)           -7%    ↓
DOM       76       135          -44%   ↓↓
# homes sold      165       120         +38%   ↑↑
    Month-Over-Month      165       221 (Dec)           -25%   ↓
Total Listings      615       861           -29%  ↓↓
Inventory     3 mos.      6 mos.           ↓
New Pending Sales       233        248          -6%     ↓
Sale Price as
% of List Price
      94%        89%            ↑


What’s Notable:

  • Cash deals were 19% of sales. There are still a lot of investors and cash buyers finding deals.
  • The number of pending sales is good for Winter, and we’re seeing a healthy real estate market, as far as sales are concerned, with good demand and low inventory.
  • Of the 615 listings in Frederick County, 12% are short sales (76), 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 165 homes sold, 29 or 19% were Short Sales, 7 or less than 4% 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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About Karen Highland

Chris and Karen Highland, along with their son Brandon, are The Highland Group, Frederick County Md Real Estate agents. They have been serving the real estate needs of families in Frederick & surrounding Counties since 1993 , helping them to create the lifestyles they desire, and to realize their real estate goals