| Total Sold Dollar Volume: | $ 2,885,000 | $ 3,566,950 | - 19.12 % |
| Average Sold Price: | $ 288,500 | $ 324,268 | - 11.03 % |
| Median Sold Price: | $ 295,000 | $ 355,000 | - 16.90 % |
| Total Units Sold: | 10 | 11 | - 9.09 % |
| Average Days on Market: | 126 | 108 | 16.67 % |
| Average List Price for Solds: | $ 337,159 | $ 354,427 | - 4.87 % |
| Avg Sale Price as a percentage of Avg List Price: |
85.57 % | 91.49 % |
Laurel MD 20708 continues to feel the correction that most of the Maryland housing market is feeling. The above numbers compare the housing market in Laurel Md 20708 from this past November 2008 with the last November 2007. All the above catagories reflect downward trends in. The total number of homes sold was about the same, but due to decreasing home prices the total dollar volumn was down almost twenty percent.
Home prices in Laurel Md 20708 dropped from an average of $324,268 to $288,500. That is over a ten percent drop from last November as compared to this November.
Now is the time to buy in Laurel MD.
For more information, visit Maryland real estate.
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