Boonsboro Maryland Real Estate Market Report- Beginning of 2007

Here is a snapshot of the current housing marketin Boonsboro Maryland.

As of the 4/16/07 there are 69 current residential active listings in Boonsboro. Currently 8 homes are under contract which is only slightly over 10.4% of the total listed homes.

The breakdown of the price ranges looks as follows:

  • $200K and under- 3 Homes  
  • $200-300K- 18
  • $300-400K- 20
  • $400-500K- 10
  • $500-600K- 3
  • $600-700K- 3
  • $700+ - 12

Of the 69 active listings, 27 have been on the market 180+ days and 40 total at 90+ days. This still shows that sellers need to get those prices down to be competitive or risk a long period on the market. Although the start of the year seemed to pick up some I have seen a slight softening recently.

The breakdown of sold homes since the start of the year looks as follows compared to last year:

                         2007       2006

  • March          7            15
  • February     7            17
  • January       4            6

Overall the sold properties decreased in 2007 from 2006.

We'll have to see what the warmer weather may bring!

Boonsboro Maryland

 

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Real Estate Agent: Craig Smith, Frederick MD Real Estate (Keller Williams Realty)
Craig Smith, Frederick MD Real Estate
Frederick, MD
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Keller Williams Realty

Office Phone: (240) 405-1660
Cell Phone: (240) 344-5538
Email Me

Maryland and West Virginia licensed real estate agent

Serving Frederick, Washington, Carroll, and Montgomery Counties in Maryland and Jefferson and Berkeley Counties in West Virginia. Services include residential, farms and land, new homes, and relocation.


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