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Frederick County, MD Real Estate Market Statistics, July, 2012

By
Industry Observer with Retired

Frederick County, MD Real Estate Market Statistics, July, 2012

 

 

Home buyers and home sellers want to know about the current market conditions as they make their purchase and sale decisions. The monthly Real Estate Market Statistics are published on the 10th of the following month by RBI, RealEstate Business Intelligence.

 

During July, 2012, The total sold dollar volume in Frederick County, Maryland was $57,429,116 with a total of 216 closed transactions.  The median sales price for July was $251,375, up 6.97% from the same month last year.  The average sold price of $265,876 was up 1.86% from last year.  With an average of 68 days on the mart, the average sold to original list price ratio was 95.35%.

 

Currently, there are 853 active listings of homes for sale in Frederick County, including 33 lender owned foreclosures.  Home buyers have the opportunity to take advantage of the very affordable prices during a period of very low mortgage interest rates. 

 

All prospective purchasers that plan to use financing should have a pre-approval letter from their lender.  Prospects without pre-approval documentation will not be taken seriously by home sellers and their listing agents.  We are always happy to recommend local loan officers that provide excellent service.


 

Daylily, Kentlands, Flowers IMG_3130 A

 

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

 

Roy and Dolores Kelley Photographs

 

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Posted by

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

Gaithersburg, Maryland  

Comments (9)

Virginia Cheezum
F. C. Tucker Company - Indianapolis, IN

Greetings from Fairfax, Virginia.  Glad to see you guys up north are trending upwards!

Aug 14, 2012 02:51 AM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Roy, That is a nice market report!  It is good to see prices climbing in your market and to see such a low figure for the days on market is a good thing as well!

Aug 14, 2012 02:53 AM
Jennifer Chiongbian
Specializing in all types of Manhattan apts & townhouses - Manhattan, NY
Real Estate Broker - NYC

Hope you have a successful month selling all these properties that keep going up and up!  Great report!

Aug 14, 2012 03:22 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Roy,

Short and to the point market report. Your market data reportsd provide just enough information to get a buyer's attention.

Aug 14, 2012 04:04 AM
Roy Kelley
Retired - Gaithersburg, MD

Your comments are always appreciated.  Many Maryland residents that work in Montgomery County opt for Frederick County for a home purchase because the prices are much more affordable.


Coreopsis, Kentlands, Flowers IMG_3109 A

Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

Aug 14, 2012 04:28 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Roy, You always have some very nice looking Flowers to display in your posts. Thanks for the Market statistics for Frederick County, MD. That increase in median sold prices is a Good Sign things are looking up.

Aug 14, 2012 09:31 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Hi Roy,  Very nice glimpse of the market in Frederick County.  Have a great night.

Aug 14, 2012 11:07 AM
Roy Kelley
Retired - Gaithersburg, MD

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

Sep 11, 2018 08:39 AM
Roy Kelley
Retired - Gaithersburg, MD

I posted this photograph on my current Facebook timeline.

Daylily, Kentlands, Gaithersburg, Maryland USA IMG_3130 A

Sep 11, 2018 08:43 AM