Prince Georges Real Estate Report - September 2008 Home Sales in Prince Georges Maryland Saw an Average Home Sales Prices Drop of 17% - Compared to Same Sale Period September 2006, and a - 10.34% drop from a YTD comparison to September of 2007. Prince Georges Maryland Homes Price Average of Homes Sold Prices are trending to move lower - Prince Georges Real Estate Market Report. This real estate report shows - that Prince Georges Real Estate - Average homes prices of single family homes sold in Prince Georges Maryland declined 10.34% compared to September last year, and comparative sales prices for the same period in the last few years.
This 4 year comparison of average Prince Georges homes sales price chart based on MRIS Data* was created to allow better comprehension of Prince Georges Maryland Homes sales price trends. The Prince Georges Real Estate market has changed and we all need to know what is occurring.
Prince Georges's average price of sold homes in September - compared to 2006 when the Average sold price in September was $342,664. In September of 2008 the Average Sold price for homes in Prince Georges Maryland was $285,632 - a 17% drop in the average sales price as compared to September 2005. The net sales price to seller is also trending lower due to buyer incentives offered to move the home sales forward. For more information please contact me.
*MRIS - Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format
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