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Laurel Maryland Home Sales Improve 200 Percent!

By
Real Estate Agent with Remax Professionals Laurel MD
2009    2008    % Change
Total Sold Dollar Volume: $ 6,813,045 $ 2,622,250 159.82 %
Average Sold Price: $ 252,335 $ 291,361 - 13.39 %
Median Sold Price: $ 240,000 $ 300,000 - 20.00 %
Total Units Sold: 27 9 200.00 %
Average Days on Market: 167 116 43.97 %
Average List Price for Solds: $ 291,873 $ 314,300 - 7.14 %
Avg Sale Price as a
percentage of Avg List Price:
86.45 % 92.70 %

Laurel Maryland home sales increased from nine total sales in March of 2008 to twentyseven home sales in March of 2009!  Total Sold Dollar Volume increased from just over two and half million to almost seven million.  That is an increase of almost 160%.

The numbers above suggest a dramatic shift in the Laurel real estate market

I believe the biggest reason for the increase is the affordability of homes for the first time homebuyer.   I have always said that once homes reach the $250K price range, more first time home buyers will jump into the market.

The housing market numbers give credence to my theory.

For more information on Laurel Md home sales, visit Maryland real estate.

Posted by
I have been selling Laurel Md real estate for over 20 years.  I enjoy working with both buyer sand sellers.  
I have knowledge of numberous first time home buyer programs. I look forward to helping you find your
Laurel Md home.
 

Brien Berard

Remax Professionals

www.mymarylandcastle.com

brienberard@mymarylandcastle.com

301-604-0198

   

Comments (1)

Lynn911.com ~ Dallas Real Estate Agent Top Team
Dallas Houses for Rent Dallas Apartment Rentals Lynn911.com - Dallas, TX

Brien, WOW bravo for agents in your area increase of sales 159% GREAT... have a wonderful and successful weekend.

Apr 17, 2009 12:00 PM