Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.
Middletown MD Real Estate Residential Home Year End Market Report
Well 2008 has come to an here is home the Middletown Maryland Real Estate Market fared. Here is a snapshot of residential home sales in Middletown MD over the past 5 years Homes sold 2004-177 2005-148 2006-131 2007-97 2008-96 Average Price 2004-$363,374 2005-$489,388 2006-$502,535 2007-$450,636 2008-$420,302 Days on the Market 2004-44 2005-57 2006-94 2007-120 2008-125 As you can see the number of sales have decreased and days on the market have increased over the past years. In addition average prices in Middletown are declining and only now above 2004 levels. Currently the home inventory in Middletown is at 88. My prediction for 2009 will be more of the same of what we saw in 2008 although many factors can influence the outcome. We'll have to wait and see. RATES are fantastic now, for one thing and buyers do seem to be coming back out! Search properties in Middletown MD ... more
__________________________________________________ Are you on The Rain? Grow Your Network!
|