DAVIDSONVILLE MD 21035
Davidsonville fared better than most zipcodes in the area last month, with ten new listings and six new sales. In spite of the higher price ranges in Davidsonville, there was only one contingent contract accepted. Yes, the inventory is growing, but the rate is much lower than surrounding zipcodes where new listings outnumber sales 3 to 1. Right now, there are only 60 properties on the market in Davidsonville, ranging from $349,900 to $2,650,000.
MRIS released their statistics today, comparing June 2007 to June 2006:
| June (21035) | 2007 | 2006 | |
|---|---|---|---|
| Total Sold Dollar Volume: | $ 4,290,000 | $ 5,589,900 | - 23.25 % |
| Average Sold Price: | $ 858,000 | $ 798,557 | 7.44 % |
| Median Sold Price: | $ 795,000 | $ 890,000 | - 10.67 % |
| Total Units Sold: | 5 | 7 | - 28.57 % |
| Average Days on Market: | 113 | 104 | 8.65 % |
| Average List Price for Solds: | $ 918,800 | $ 822,114 | 11.76 % |
| Avg Sale Price as a percentage of Avg List Price: | 93.38 % | 97.13 % |
Unlike other zipcodes in the area, "Average Days on Market" have barely increased in Davidsonville, and the "Average Sold Price" is also stable, with a slight increase to $858,000.
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