How was the Accokeek MD Real Estate Market in January 2020?

By
Real Estate Agent with Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC SP98364271

How was the Accokeek MD zip code 20607 Real Estate Market in January 2020?

 

Also read Accokeek MD zip code 20607 Real Estate Market Report

 

Oh what a difference a month makes. 2020 Real Estate Market activity in Accokeek MD is not what many Accokeek MD Home owners who either currently have their house on the market for sale or is about to put their house on the market would expect.

 

Then again nobody can really predict Local Real Estate Market.

 

 

December 2019 Accokeek MD Real Estate Market Report vs January 2020 Accokeek MD zip code 20607 Real Estate Report of the past decade. This report is going to cover

  • Average list price to sale price ratio
  • Days on the market
  • Units sold
  • Total Dollar Volume
  • Average days on the market

 

  • Average days on the market of a Accokeek MD home sold in December 2019 was 80 days. Homes sold 29 days faster in December 2019 vs January 2020 in Accokeek MD.
  • Average sold price of a Accokeek MD in January 2020 was $343,740.
  • 12 Accokeek MD Homes were sold in January 2020 vs 22 Accokeek MD Homes were sold in December 2019.
  • January 2020 Total Dollar volume was $4,221,498 vs Sold dollar volume in December 2019 which was $7,485,354
  • Average SP to OLP ratio in January 2020 was 95.8% vs December 2019 which was 96.8%.
  • 2 out of the 12 houses that were sold in January 2020 in Accokeek MD used a FHA loan compared to December 2019 when 9 out of the 22 Houses that were sold in Accokeek MD were purchased with a FHA Loan.
  • 6 out of the 12 houses thar were sold in Accokeek MD in January 2020 used a Conventional loan compared to December 2019 when 7 out of the 22 Houses that were sold in Accokeek MD in December 2019 were purchased with a Conventional loan.
  • 6 out of the 12 Houses in Accokeek MD that were sold in January 2020 were sold in 30 days or less compared to December 2019 when 10 out of the 22 Houses in Accokeek MD were sold in 30 days or less.

 

 1535 Shellford Ln, Accokeek, MD 20607

 

1535 Shellford Lane Accokeek MD 20607

 

So far this month 4 houses have sold in Accokeek MD. (So please come back for an updated Accokeek MD Real Estate Market Report for February 2020).

 

It is still early in the year to determine the Real Estate Market activity in Accokeek MD. But in the upcoming months when the season changes,I expect a spike in real estate sales activity in the Accokeek MD area which is definitely good news for home owners in that area.

 

#1535ShellfordLaneAccokeekMD20607

#SimmonsAcres

#SimmonsAcresPlat

#AccokeekMD

#AccokeekMDHomesforsale

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#AccokeekMdRealEstateAgentNearMe

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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Joseph Doohan 02/15/2020 02:10 PM
Topic:
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Location:
Maryland Prince George's County Accokeek
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Tags:
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Rainmaker
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Joseph Doohan
Joseph Doohan - Las Vegas, NV
I offer business strategy advice for realtors

Your market report is extremely helpful. Thanks for sharing this with us. Enjoy the rest of your weekend and hope you have a great week ahead!

Feb 15, 2020 02:09 PM #1
Rainmaker
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Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Accokeek home buyers and sellers are certain to find this real etate market information valuable, Lanre.

Feb 16, 2020 09:06 AM #2
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing what's been going on in Accokeek Lanre. Always good to see how other markets are doing.

Feb 16, 2020 02:37 PM #3
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Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
The Southern California Relocation Dude

Hi Lanre:

Local buyers, or those interested in the area, and sellers need to understand what's going on in the local market so they can make informed decisions, along with your help and guidance!

Jeff

Mar 04, 2020 08:26 PM #4
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Rainmaker
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Lanre-"THE REAL ESTATE FARMER" Folayan

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