Here is snapshot of what the Frederick County/ Frederick Maryland Foreclosure market currently looks like. Also included is the short sale properties data in the Frederick area.
Currently, as of 7-31-09, there are 1415 active residential listings in Frederick County, MD. Of these
63 are Foreclosures (4.5%)
211 are Short Sales (14.9%)
Currently 612 are under contract which:
105 are Foreclosures (17.2%)
242 are Short Sales (39.5%)
In June 251 residential properties sold which:
70 were Foreclosures (27.9%)
31 were Short Sales (12.4%)
In May 231 residential properties sold which:
59 were Foreclosures (25.5%)
31 were Short Sales (13.4%)
In April 216 residential properties sold which:
34 were Foreclosures (15.7%)
19 were Short Sales (8.8%)
This data looks promising for the Frederick Real Estate Market area. Inventory is decreasing as sales are increasing. Foreclosures and Short sales have made up nearly 40% of the total sales in the last 2 months but only represent about 20% of the total current inventory. This suggest they are the most competitively priced.
Start you Frederick Foreclosure and Short Sale Home Search Here
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*Data deemed reliable but not guaranteed
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