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market report: January 2008 Hughesville Market Report - 02/06/08 07:56 PM
Craig W. Barrett, Hughesville, REALTOR®
Hughesville, MD Real Estate
http://www.hughesvillehomes.com/
This month's Hughesville Market Report shows little movement in the resale and new construction market. It's should be little surprise to anyone given the time of year and current market conditions. Resales were priced between $264,900-$1,399,000. New Construction was priced between $429,900-$989,900.
We've seen a few more foreclosures and short sales. While they may not represent a majority of the Hughesville market, it's probably safe to say they'll have a negative effect on prices at least in the short term. More inventory has come online with little absorption. Prices on new construction hasn't moved … (2 comments)

market report: December 2007 Hughesville Market Report - 01/07/08 07:55 PM
Craig W. Barrett, Hughesville, REALTOR (r)
Hughesville, MD Real Estate
www.hughesvillehomes.com
As stated in last month's Hughesville Market Report and as expected, the opening of Ole Field Estates in November has put additional inventory online in December. Resales were priced between $329,000-$1,399,000. New Construction was priced between $429,000-$989,000.
We haven't seen a lot of price pressure from foreclosures and short sales. A few neighborhoods have seen more than others and expect downward price pressure in those micro-markets. I've seen several in the month of December.
If you are listing on the spring, watch prices of new construction from November into January for trending. Resales may … (0 comments)

 

Craig W. Barrett - Hughesville MD Real Estate

Hughesville, MD

More about me…

RE/MAX 100

Address: 16475 Steeplechase Court, Hughesville, MD, 20637

Office Phone: (301) 843-5100

Cell Phone: (301) 751-6094

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