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Residential Home Resale statistics for Prince George County- December 2009

By Ellie McIntire

Real Estate Agent with Ellicott City Clarksville Howard County Maryland Real Estate 535650

January 11, 2010 03:57 AM

Real Estate Trend Indicator

Prince Georges County, MD

Prince George County

Activity in Prince George's County for December 2009 remained very much the same as the previous month, November 2009, though house sales did slightly decline. The number of active listings decreased as well.

From: 12/01/2009 to 12/31/2009

	Residential Unit Sales Number of Bedrooms	Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop and Ground Rent	Residential	Condo Coop and Ground Rent	of Units Sold (No. of Units)
Under $30,000	0	2	0	5	7	16	1 -30 Days	229
$30,000-$39,000	1	5	0	4	17	15	31-60 Days	96
$40,000-$49,999	7	3	1	1	20	20	61 - 90 Days	51
$50,000-$59,999	3	9	3	2	26	30	91-120 Days	52
$60,000-$69,999	1	5	7	2	50	41	Over 120 Days	189
$70,000-$79,999	2	5	1	5	61	36	Total	617
$80,000-$89,999	0	10	1	3	62	29
$90,000-$99,999	2	4	4	1	95	43	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	3	12	16	4	188	68
$120,000-$139,999	1	14	16	8	277	88	Conventional	93
$140,000-$159,999	1	14	16	9	336	72	FHA	332
$160,000-$179,999	0	20	19	5	350	81	VA	49
$180,000-$199,999	4	20	23	2	448	71	Assumption	31
$200,000-$249,999	3	48	60	5	778	90	Cash	105
$250,000-$299,999	3	28	54	2	675	21	Owner Finance	1
$300,000-$399,999	0	11	44	0	697	4	All Other	6
$400,000-$499,999	0	0	36	2	282	4	Unreported	0
Over $500,000	0	1	14	0	327	3	Total	617
Totals	31	211	315	60	4696	732
Grand Totals	617	5428

	2009	2008	% Change
Total Sold Dollar Volume:	$ 132,089,258	$ 100,647,394	31.24 %
Average Sold Price:	$ 214,083	$ 261,422	- 18.11 %
Median Sold Price:	$ 200,000	$ 245,000	- 18.37 %
Total Units Sold:	617	385	60.26 %
Average Days on Market:	111	136	- 18.38 %
Average List Price for Solds:	$ 236,987	$ 304,097	- 22.07 %
Avg Sale Price as a percentage of Avg List Price:	90.34 %	85.97 %

Total Number of NEW listings

taken for the month:	1015
Total Number of Properties

marked Contract for the month:	545
Total Number of Properties

marked Contingent for the month:	283
Total Number of NEW pendings

(CONTRACTS + CONTINGENTS):	828