Here is a snapshot of the current Hagerstown MD Real Estate housing market.
As of the 8/11/07 there are 1105 current residential active listings in Hagerstown (zip codes 21740 & 21742). Currently 93 of the 1105 homes are under contract which is only slightly over 8.4% of the total listed homes.
The breakdown of the price ranges looks as follows:
- $100K and under- 41 Homes
- $100-150K- 127
- $150-200K- 227
- $200-250K- 233
- $250-300K- 147
- $300-350K- 96
- $350-400K- 74
- $400-500K-89
- $500+- 71
Of the 1105 listings, 290 have been on the market 180+ days and 359 total at 90-179 days. This reflects over half that have been listed for over 3 months and still shows that sellers need to get those prices down to be competitive or risk a long period on the market.
The breakdown of sold homes during the following month in the last 3 years:
2007 2006 2005
- September 54 85 133
- August 81 85 146
- July 76 115 148
.
This clearly shows we are not near the sales that we were at in 2005 and we are down from 2006 also.
Reminder for buyers...this is a great time to pick up some great deals!
Other area market reports:
http://activerain.com/blogsview/172197/Middletown-Maryland-Real-Estate
http://activerain.com/blogsview/172675/Frederick-Maryland-Real-Estate
http://activerain.com/blogsview/172719/Frederick-Maryland-Lot-and
http://activerain.com/blogsview/172220/Myersville-Maryland-Real-Estate
Search for Frederick MD Real Estate
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