Middletown Maryland real estate market update for year-to-date 2012.
In August we saw 46 active listings, 18 under contract (39%), and 11 solds (24%). Comparing August to July we saw more active properites in August, more pending listings in July, but the same number of sold listings for both months.
The August 2012 Middletown Maryland real estate market update numbers are an improvement over August 2011 numbers where we saw 64 active listings, 22 under contract (34%), and only 3 solds (4.7%).
Median home prices in Middletown MD in August 2012 were down 27.5% from August 2011. In August 2011 the Median home price was $400,000, but for August 2012 it was down to $290,000. Nothing to be alarmed about though- this is explained by the small number of sold listings in 2011 when only 3 homes solds, versus the 11 sold this year.
The average days on market for Middletown MD inched up in August to 98 days, versus 72 days at the same time last year. The rest of the year has been relatively good, with June and July only seeing the average days on market in the 50s. It is a far cry from November 2011 when the number hit 230.
Find out More about Middletown (and why you should live there!)
See all homes currently for sale in Middletown Maryland
See all residential lots currently for sale in Middletown Maryland
Are there other stats for Middletown Maryland, or anywhere else in Frederick or Washington County that you would be interested in seeing? Contact me at 240.233.8818 or email me and let me know.
Until next time! :)
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