WASHINGTON COUNTY, MARYLAND - REAL ESTATE TREND INDICATOR

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Real Estate Agent with Realty Group Referrals 16766

Metropolitan Regional Information Systems, Inc.  Real Estate Trend Indicator - <$100K to >$5M Format

Washington County, MD

Roy Kelley, Associate Broker, RE/MAX Realty Group

Email:  roykelley@mris.com; Home Search Website:  www.roykelley.com

Client Service:  301-670-8996


From: 07/01/2008 to 07/31/2008                Statistics generated on: 08/07/2008

  Residential
Unit Sales
Number of Bedrooms
Active Listings   Time on Market
Price Class 2
Or Less  

3
4
or More  
Condo
Coop
Ground
Rent
Residential Condo
Coop
Ground
Rent
of Units Sold
(No. of Units)
Under $100,000 1 4 0 0 1 47 2 7 1 -30 Days 15
$100,000 - 149,999 0 13 1 0 0 144 19 0 31-60 Days 11
$150,000 - 199,999 7 13 4 0 0 301 16 0 61 - 90 Days 14
$200,000 - 249,999 1 12 4 0 1 265 3 0 91-120 Days 11
$250,000 - 299,999 0 5 5 0 0 198 1 0 Over 120 Days 38
$300,000 - 349,999 0 1 6 0 0 129 3 0 Total 89
$350,000 - 399,999 0 1 2 0 0 103 0 0    
$400,000 - 449,999 0 0 3 0 0 38 0 0 Type of Financing
of Units Sold
(No. of Units)
$450,000 - 499,999 0 0 1 0 0 61 0 0
$500,000 - 599,999 0 0 2 0 0 51 0 0 Conventional 39
$600,000 - 699,999 0 0 1 0 0 26 0 1 FHA 24
$700,000 - 799,999 0 0 0 0 0 14 0 0 VA 2
$800,000 - 899,999 0 0 0 0 0 3 0 0 Assumption 9
$900,000 - 999,999 0 0 0 0 0 4 0 0 Cash 13
$1,000,000 - 2,499,999 0 0 0 0 0 5 0 0 Owner Finance 0
$2,500,000 - 4,999,999 0 0 0 0 0 2 0 0 All Other 2
$5,000,000 & Over 0 0 0 0 0 0 0 0 Unreported 0
Totals 9 49 29 0 2 1391 44 8 Total 89
Grand Totals 89 1443    
    2008   2007   % Change
Total Sold Dollar Volume: $ 19,781,600 $ 27,661,730 - 28.49 %
Average Sold Price: $ 222,265 $ 251,470 - 11.61 %
Median Sold Price: $ 200,000 $ 224,450 - 10.89 %
Total Units Sold: 89 110 - 19.09 %
Average Days on Market: 172 146 17.81 %
Average List Price for Solds: $ 256,813 $ 268,573 - 4.38 %
Avg Sale Price as a
percentage of Avg List Price:
86.55 % 93.63 %  
Total Number of NEW listings  
taken for the month: 227

Total Number of Properties   
 
marked Contract for the month: 76
Total Number of Properties     
marked Contingent for the month: 31

Total Number of NEW pendings        
 
(CONTRACTS + CONTINGENTS): 107

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2008 - Information deemed reliable, but is not guaranteed.

Please contact Roy Kelley & Associates for all of your residential real estate needs. We represent buyers as their exclusive buyer agents. There is a very large number of lender owned homes in the current housing inventory.  During the next few months, buyers will have an unusually large selection of properties and the lenders will be highly motivated to accept reasonable offers for their REO homes.

Posted by

Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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