Charles County Maryland Real Estate - OCTOBER 2006
THE CHARLES COUNTY MESSAGE
Charles County is one of several counties referred to as "Southern Maryland". Popular location for Maryland home buyers seeking a rural atmosphere and reasonable prices for Maryland real estate. Convenient location for military families stationed at Andrews AFB in Maryland and Pentagon in Northern Virginia. For years, Charles County was a county occupied by families that had lived in the area for generations. In the 1970s and 1980s when the community of St. Charles was developed, home buyers sought the low prices and quite life in Charles County while many worked in Washington, D.C.
Charles County Shopping
In the early 1990s, Charles County homes became very much in demand following construction of the St. Charles Shopping Center, the first Shopping Mall in Southern Maryland. Build a shopping center, and the homes will come. The town of Waldorf, location of the St. Charles community grew at a rapid rate thanks to local builders who offered lovely homes with community centers, shopping, improved commuter routes to Washington, D.C. Charles County continues to have a quiet rural atmosphere throughout the remaining areas, but Waldorf is home to most families with jobs outside the area. Prices in Charles County are moderate compared to other counties within commuting distance of the primary job locations, Andrews, Washington, D.C., and the Pentagon.
Mileage to Employment Centers
Waldorf to Pentagon - 25 miles
Waldorf to Andrews AFB - 16 miles
Waldorf to Annapolis MD - 42 miles
Waldorf to Washington DC - 29 miles
Waldorf to Baltimore MD - 56 miles
MARKET INFORMATION FOR CHARLES COUNTY, MARYLAND REAL ESTATE
Average sold price for homes in Charles County, Maryland in September, 2006 - $356,169
Average sold price for homes in Charles County, Maryland in September, 2005 - $339,255
Change in sold price September 2006/2005 - 4.99% Increase
Average days on the market in September 2006 - 64 days
Average days on the market in September 2005 - 29 days
Average list price town homes SOLD October 2006 - $272,466
Average list price single family homes SOLD October 2006 - $409,346
Home in Waldorf recently sold for $399,900.
DEMOGRAPHICS, CHARLES COUNTY, MARYLAND 2005
Demographics for Charles County
--Average Income Families
W/Children $69,746
--Average Age 34.7
--Percent Married 59.2
--Percent With Children 41,8
--Percent High School Graduates 87.8
--Percent College Graduates 28
--Average SAT Scores 1033
--Expenditures Per-Student $7,697
--Land Area 461 Square Miles
--County Population 120,546
--Population Density Per Sq. Mile 261
--Population Growth Rate (5 yrs) 1.6%
MAP CHARLES COUNTY MARYLAND
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