2009 2008 % Change
| Total Sold Dollar Volume: |
$ 149,595,973 |
$ 155,954,854 |
- 4.08 % |
| Average Sold Price: |
$ 225,976 |
$ 285,632 |
- 20.89 % |
| Median Sold Price: |
$ 212,925 |
$ 266,000 |
- 19.95 % |
| Total Units Sold: |
662 |
546 |
21.25 % |
| Average Days on Market: |
133 |
141 |
- 5.67 % |
| Average List Price for Solds: |
$ 255,230 |
$ 317,455 |
- 19.60 % |
Avg Sale Price as a
percentage of Avg List Price: |
88.54 % |
89.98 % |
The above chart is a comparison of home sales this September with September of 2008 in Prince Georges County Maryland. Laurel Md real estate is located in Prince Georges County.
As you can see, the trend of falling prices in Prince Georges home values continue. Both the Average Sold Price of $225,976 and the Median Sold Price of $212,925, have fallen about 20 percent from last September. This has been the trend for most of 2009.
Also consistent with the trend of 2009 is the increase in the number of homes sold in Prince Georges County Maryland. Home sales in Prince Georges this September increased over 20 percent from last September. One of the big reasons for the increase in sales has been the impending deadline for the $8000 tax credit for first time home buyers.
Homes are selling faster as well. The Average Days on Market dropped from 141 days to 133 days.
For more information on Maryland home sales, visit Maryland real estate.
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