January Sales Data Is Now Available

Real Estate Agent with Keller Williams Flagship of MD

I always enjoy this time of the month because sales figures are released on the 10th and I really enjoy looking at the numbers to see how they compare to what I hear in the news.  I will go ahead and get straight to the point. 

The sales figures are as follows: 

  • Anne Arundel County - Average Sold Price increased 0.39% in January 2008 compared to January 2007 while the Median Sold Price fell -4.38% for the same time.  Average Days on Market increased to 134 from 112, Total Number of NEW Pendings (Contracts + Contingents) was 392, and we took 972 NEW Listings for the month.  The biggest gainer was the Condo, Coop, and Ground Rent category which increased 15.53% with a total of 45 units sold.  The biggest loser was Detached homes with 2 or less bedrooms which dropped -47.17%.  The only other category to post a gain was Attached homes with 3 bedrooms which increased 3.56%.  The most active price class was tied at 14 units sold between Detached homes with 3 bedrooms priced $250,000-299,999 and Detached homes with 4 or more bedrooms priced $500,000-599,999. 

I also have reports for the other counties in Maryland such as Howard County, Baltimore County/City, Prince Georges County, Montgomery County, Harford County, Carroll County, Frederick County, and more.  Monthly statistics are available for specific zip codes in Maryland as well. 

Thank you for reading my blog and I look forward to any comments.


Matt Torgeson

Brian Bender
Perry Wellington Realty - Altoona, PA
Your 24 Hour Realtor
our condo,s and our townhouses here at pennstate university are up 7% for the year so far!!! good job there.
Feb 12, 2008 10:40 AM
Matt Torgeson
Keller Williams Flagship of MD - Severna Park, MD
Thanks Brian.  7% is great!
Feb 12, 2008 11:00 AM
Keith Elliott Jr
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner

Hi Matt,

Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!


Feb 12, 2008 01:54 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate
Welcome to ActiveRain, Matt, from a fellow KW agent in Las Vegas! Our median prices fell last month as well, down almost 4% from December. If we can make progress on the foreclosure and short sale inventory, that should get us stabilized and back on the track of steady growth.
Feb 12, 2008 03:53 PM
Angie Vandenbergh
Crye-Leike, Realtors - Memphis, TN
A Crye-Leike Blogger

Hi! Welcome to the site. I see this is your first post.

There is a lot of reading on this site. I recommend that you read, read, read and then comment, comment, comment. There are so many different blogs to read. There are tons of topics out there from real estate, marketing, technology, seo, staging, mortgage, etc. It goes on and on. You'll start to get to know people and before you know it... you'll have figured out the benefits of the site. 

Also check out Resources for the Active Rain Newbie.

Good luck!

Feb 13, 2008 07:55 AM
Matt Torgeson
Keller Williams Flagship of MD - Severna Park, MD
Thanks for all the responses and encouragement from everyone. 
Feb 13, 2008 10:08 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

I just stopped by to welcome you to Active Rain. I hope that you find it a great benefit to your business and that you see the value that I have also found here.

There are some great group both local and broad based,.... enjoy!

Feb 22, 2008 10:05 AM