| Total Sold Dollar Volume: | $ 8,495,612 | $ 7,276,450 | 16.75 % |
| Average Sold Price: | $ 223,569 | $ 259,873 | - 13.97 % |
| Median Sold Price: | $ 220,200 | $ 229,950 | - 4.24 % |
| Total Units Sold: | 38 | 28 | 35.71 % |
| Average Days on Market: | 69 | 114 | - 39.47 % |
| Average List Price for Solds: | $ 242,698 | $ 285,211 | - 14.91 % |
| Avg Sale Price as a percentage of Avg List Price: |
92.12 % | 91.12 % |
The above statistics display sales in Laurel real estate this May with May of 2009.
As you can see Average Sold Price has dropped almost 14% from May of 2009 to May of 2010. A year ago the Average Sold price in Laurel Maryland was $259,873. This past May the average sold price dropped to $223,569. In addition to this, the Median Sold Price went from $229,950 in May of 2009 to $220,200 in May of 2010.
However, two significant changes in Laurel real estate also occured this most recent May. The number of homes sold increased from 28 to 38 over May of 2009. That is very significant because it means the inventory of homes in Laurel is selling.
A further indication that more homes are selling is the Average Number Days on Market. Last May of 2009, homes sat for an average of 114 days before selling. This May of 2010 it only took an average of 69 days for a home to sell. This is a decrease of over 39%!
To see more Laurel Maryland homes for sale visit Maryland real estate.
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