Special offer

Hagerstown MD Foreclosure Market Update- 2nd Quarter 2010

By
Real Estate Agent with Re/Max Achievers

Foreclosures in Hagerstown represent a large percentage of active and sold homes in the real estate market. Many foreclosed homes in Hagerstown offer an opportunity at a great price and with many being in good condition. Since banks are looking to quickly sell many of these homes they will be priced to sell in a short amount of time.

 

Hagerstown Real Estate Market- Statistics 2nd Quarter 2010 (Washington County)

Currently:

1137 Active Residential properties in Washington County Maryland: 139 of these are Short sale listings

215 Under contract: 63 of these are short sales

Sold:

April- Total:115  Foreclosures:46 (40%)

May- Total:142  Foreclosures:44 (31%)

June- Total:151  Foreclosures:43 (28%)

July-  Total:88  Foreclosures:32 (36%)

As you can see foreclosures represent near a third of homes currently being sold in Hagerstown and Washington County Maryland. Although Foreclosures only represent 12% of those currently active.

 

Contact me to get information on foreclosed homes or a list of properties currently for sale.

 

 Search Homes in Hagerstown

 

 

Frederick Real Estate

Comments (0)