Home Prices in Upper Marlboro, MD 20774 for December 2013
Real estate market data for Upper Marlboro, MD provided by Denise Dimares of Exit Bennett Realty
Upper Marlboro 20774 Home Prices
Understand the difference between “listing prices” (what sellers are asking for) and “sold prices” (what buyers are willing to pay).
As you can see from the graph below, homes are selling for less than the list price. In February and March the sold price met and the list prices, however, the gaps in the list price and homes sold throughout the year were unstable.
By comparing these price trends, you’ll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.
To make sure you price your home competitively, you’ll want to have an agent that does a thorough market analysis of the home you are selling.
Upper Marlboro 20774 Real Estate Report Summary
The number of active listings in Upper Marlboro 20774 dropped by 2.8% from the previous month.
The median number of days active properties have been listed is 66. This is significantly shorter than the national average.
The median list price in June for single family homes in Upper Marlboro, MD 20774 is $371,810.
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