Here is a snapshot of the current housing marketin Boonsboro Maryland.
As of the 4/16/07 there are 69 current residential active listings in Boonsboro. Currently 8 homes are under contract which is only slightly over 10.4% of the total listed homes.
The breakdown of the price ranges looks as follows:
- $200K and under- 3 Homes
- $200-300K- 18
- $300-400K- 20
- $400-500K- 10
- $500-600K- 3
- $600-700K- 3
- $700+ - 12
Of the 69 active listings, 27 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:
- March 7 15
- February 7 17
- January 4 6
Overall the sold properties decreased in 2007 from 2006.
We'll have to see what the warmer weather may bring!