Middletown Maryland Housing Market

Real Estate Agent with Re/Max Achievers

Here is a snapshot of the current housing market in Middletown Maryland.

As of the 4/11/07 there are 92 current residential active listings in Middletown. Currently 6 homes are under contract which is only slightly over 6% of the total listed homes.

The breakdown of the price ranges looks as follows:

  • Under $300K- 7 Homes  
  • $300-400K- 22
  • $400-500K- 18
  • $500-600K- 16
  • $600-700K- 12
  • $700-800K- 4
  • $800K+ -13

Of the 92 active listings, 25 have been on the market 180+ days and 40 total at 90+ days. This still shows that sellers need to get those prices down to be competitive or risk a long period on the market. Although the start of the year seemed to pick up some I have seen a slight softening recently.

The breakdown of sold homes since the start of the year looks as follows compared to last year:

                        2007       2006

  • March           5            9
  • February     9            10
  • January       9            10

Overall the sold properties slightly decreased  in 2007 so far there doesn't seem much of a difference statiscally speaking from 2006.

We'll have to see what the warmer weather may bring!

The Beautiful Valley of Middletown Maryland


Comments (0)

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?