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
CONTACT ME TO FIND YOUR NEXT HOME AND FIND OUT ABOUT A NEW FEDERALLY FUNDED PROGRAM FOR BUYING FORECLOSURE IN FREDERICK THAT ENABLES YOU TO GET UP TO $25,000 INTEREST FREE LOAN TOWARDS THE PURCHASE.
*Data deemed reliable but not guaranteed
Comments (0)Subscribe to CommentsComment