Clarksburg, Maryland Update

By
Real Estate Agent with MyRealtyTeam Real Estate, LLC

There are currently 55 homes that are under contract in Clarksburg, MD, awaiting settlement.

They range in price from a $1.1 million rancher on Burnt Mill Road sited on 28.9 acres, to a two-bedroom condominium on Scholl Manor Way that was listed for $241,990.

A total of $5,870,900 worth of homes sold in zip code 20871 during July, and the median price was down 7.68 percent compared to July of 2008.

The average days on the market for homes dropped by 28.30 percent, meaning that homes sold more quickly this year than during the same month last year.

Of note right now is the increasing number of first-time homebuyers we've been seeing that are entering the market, spurred by low interest rates and lower home prices than last year.

As always, if you want an instant update on real estate market conditions you can log onto www.ClarksburgLovelyHomes.com 

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ibi sofillas

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Rainmaker
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Fran Gaspari
Patriot Land Transfer, Inc. - Limerick, PA
"The Title Man" - Title Insurance - PA & NJ

Ibi,

I think the recovery will be slow, but there is a lot of reason to be optimistic...!!! Thanks,   Fran

Aug 11, 2009 03:19 PM #1
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Rainmaker
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Ibi Sofillas

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