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Washington County, MD Foreclosures & Short Sales Update

By
Industry Observer with Retired

Washington County, MD Foreclosures & Short Sales Update

There are 897 homes for sale in Washington County, MD.  50 (6%) of the active listings are lender owned foreclosures and 119 (13%) are short sale pre-foreclosure offerings.  

Lender Owned Homes:     

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360174-255  

Short Sale Pre-foreclosures:     

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360196-965  

Washington County, Maryland Real Estate Market Statistics:  During June, 2011, there were 134 closed sales and the average sold price was $152,279, down 13.04% from last year, with an average of 136 days on the market. The median sold price was $140,000, down 9.65% from last year.  The average sold price was 86.45% of the average original list price.     

The real estate statistics for the past month may be viewed by clicking on the following link.   http://www.rbintel.com/statistics/washington-county-md  The statistics are updated on the tenth of each month.  

Free Credit Report:  You have the right to get a FREE COPY of your credit file disclosure, commonly called a credit report, once every 12 months, from each of the nationwide consumer credit reporting companies - EQUIFAX, EXPERIAN and TRANSUNION. For instant access to your FREE CREDIT REPORT, visit www.annualcreditreport.com or call 877-322-8228.

Home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. The same advice applies to investors. Those without a pre-approval are not considered to be serious purchasers. Please ask for a referral if you do not have an existing relationship with a mortgage lender.

The active listings of homes for sale in Maryland may be viewed on Homes Prospector at www.roykelley.com

Trustee sales schedules and our real estate blogs may be viewed at www.roykelley.net

Please contact us with your real estate questions. Your referrals of friends and family members will always be appreciated.

 Blooming for Maryland home buyers.

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland  

Comments (6)

Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Roy, I like your format on the Washington County, MD foreclosures and short sales - informative and easy to access.  Once again, you show you know your Washington County, MD real estate market. 

Jul 11, 2011 07:24 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks, Juli, for your comments.  Our county reports also serve as email reports to those interested in the specific county.

 Blooming for you!

Jul 11, 2011 07:34 AM
Elizabeth Byrne
Keller Williams Realty - Arlington, VA
Arlington Virginia Real Estate

Roy, great information on Washington County foreclosures and short sales. There seem to be lots of great buys - I hope first time buyers are taking advantage of those deals. 

Jul 11, 2011 02:37 PM
Roy Kelley
Retired - Gaithersburg, MD

Good to hear from you Elizabeth.  I am glad that you are able to take some vacation time to enjoy your family.

The home prices in Washington County, Maryland are very attractive this summer. It is a great place to live.

 Blooming for you!

Jul 11, 2011 11:20 PM
Roy Kelley
Retired - Gaithersburg, MD

It is sometimes good to revisit old blogs and reblogs. We might even find some good ideas for new posts.

Apr 03, 2018 12:17 PM