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Roy and Dolores Kelley Photographs & Prince Georges County Real Estate 10/22/11

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Industry Observer with Retired

Roy and Dolores Kelley Photographs 10/22/11

Prince George's County, Maryland, Real Estate Market Statistics

During September, there were 634 closed sales, down 0.47% from last year.   The average sold price was $177,909, down 10.88% from last year, with an average of 108 days on the market.  The median sold price was $160,000, down 11.11% from last year.  Homes were selling for an average of 88.1% of the average original list price.  

The real estate market statistics for the previous month may be viewed by clicking on the following link.  http://www.rbintel.com/statistics/prince-georges-county-md

Please share photographs from your favorite places in the comments for this post.

Saturday morning, August 6, 2011, walk through Kentlands and Lakelands in Gaithersburg, Maryland. Canon PowerShot G11 Camera. Photographs by Roy Kelley.

Roy and Dolores Kelley Photographs

Posted by

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

Gaithersburg, Maryland  

Clint Mckie
Desert Sun Home, commercial Inspections - Carlsbad, NM
Desert Sun Home, Comm. Inspection 1-575-706-5586

Hi Roy and Delores,

The salea are still strong. But could be a little better. Here the sales are about the same only down about 2.5% but th sale prices this year have increased about 5.5%.

A good trend to say the least,

Best, Clint McKie 

Oct 22, 2011 02:30 AM
Carl Winters
Canyon Lake, TX

Roy: Those vine-ripened tomatoes are beautiful.

Have a Great Day!                 

Oct 22, 2011 02:35 AM
Roy Kelley
Retired - Gaithersburg, MD

Good morning.  Thanks for stopping by. In Maryland this is the weekend for the Chrysanthemum Show at Brookside Gardens.

Red and White Dahila (IMG_5952) Life is good!

The Dahlia Show at Brookside Gardens

Roy and Dolores Kelley Photographs

Oct 22, 2011 03:02 AM
Keith Gilkey
Re/Max Chesapeake - Elkton, MD
410-920-7214, Re/Max Chesapeake

Roy, Great photos this morning! You and Dolores have a wonderful sunny weekend!

Oct 22, 2011 03:43 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Great post Roy, nice photos, good information, what more could one ask for, I hope you are enjoying your day!

Oct 22, 2011 03:49 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Roy and Dolores -

Thanks for the Maryland market report and the great photos.  The train is a real eye catcher!  I hope you both enjoy a great weekend in all you do.

Best regards from the Q

Oct 22, 2011 04:14 AM
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Good Morning Roy and Delores, Looks like sales are near the same but prices seem down quite a bit. Thank you for sharing another set of great photos. Have a great Saturday

Oct 22, 2011 04:26 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks so much for your comments.  I am glad that you enjoy the photographs.

Have an outstanding weekend and be sure to have your camera in hand to capture the changing colors of the season.

IMG_5749 Life is good!

Brookside Gardens Dahlia Show in Montgomery County, MD

Roy and Dolores Kelley Photographs

Oct 22, 2011 04:27 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Prince George County MD looks like a tough market right now.  I hope you have a wonderful weekend.

Oct 22, 2011 05:57 AM
Lloyd Binen
Certified Realty Services - Saratoga, CA
Silicon Valley Realtor since 1976; 408-373-4411

Roy, Great pictures, as always. 

The number of sales is essentially unchanged from last year.  The reduction in mean and median sale prices may be because homes selling in September '11 are qualitatively different from the ones sold in Sept. '10.  Perhaps they're smaller or older and that caused the reduction?  Perhaps a larger portion of REOs?  The Case-Schiller Index is supposed to control for those factors.

Oct 22, 2011 08:36 AM
Roy Kelley
Retired - Gaithersburg, MD

Thanks for stopping by.  It is going to be some time before the real estate market returns to normal levels in Prince George's County, MD.  There is no shortage of available bargains for real estate investors.

IMG_5876 Life is good!

Brookside Gardens Dahlia Show, Wheaton, Maryland

Roy and Dolores Kelley Photographs

 

Oct 22, 2011 11:29 AM
Chris Alston
Chris Alston (Keller Williams Realty, Silicon Valley, California) - Campbell, CA
Silicon Valley, California

I like the train in the park in one of the pictures.  What is the story behind it?  Or is it just a play thing.

Oct 22, 2011 11:52 AM
Roy Kelley
Retired - Gaithersburg, MD

Hi Chris:  The train is actually a work of art in front of the Gaithersburg Arts Barn in Kentlands. It is a visual attraction but not a play thing.

 Life is better when thare are flowers to photograph.

Roy and Dolores Kelley Photographs

Oct 22, 2011 12:30 PM
Judith Parker
ProStead Realty - Charlotte, NC
CRS, GRI, CMRS, Charlotte, NC

Hi Roy, it is a tough time for sellers right now.  Many are really feeling the market especially on their pocket.  Thanks for sharing the market update and keeping all informed.

Oct 22, 2011 12:57 PM
Joshua Zargari
MJ Decorators Workshop LI staging and home decorating - Lynbrook, NY
MJ Decorators Workshop

Good evening Roy.

I love your photos.

I hope to see many more...

Oct 22, 2011 01:51 PM
Steve Hoffacker
Steve Hoffacker LLC - West Palm Beach, FL
Certified Aging In Place Specialist-Instructor

Roy,

So many great colors today - and such variety. Thanks for a happy post. :)

Steve

Oct 22, 2011 03:29 PM
Kristin Hamilton CA REALTOR
Berkshire Hathaway California Realty - Beaumont, CA
(909) 557-6966- Specialize 55+ Communties Banning

Hi Roy,

Love the beautiful pictures. Yes what is the story with the train; is it flowers. It is so colorful.

Oct 22, 2011 05:01 PM
Roy Kelley
Retired - Gaithersburg, MD

Good Sunday morning to all.  We have a beautiful sunny day in Maryland.  Have a great day and an outstanding week.

IMG_5989 Life is good!

Dahlia Show at Brookside Gardens in Montgomery County, Maryland

Roy and Dolores Kelley Photographs

Oct 23, 2011 01:44 AM