Frederick Md Real Estate Market Trends Report by Chris

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Frederick Md Real Estate Market Trends Report

The Real Estate market in Frederick Md is heating up, with 25% higher demand than last year. Prices are slightly up, and inventory is still tight. It should be a brisk Spring market.

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PRESENTATION OUTLINE

REAL ESTATE MARKET TRENDS REPORT

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Frederick County MD

March 2015

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Overview of key trends:
Is the market heating up, cooling off, staying neutral?

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MEDIAN SALES PRICE

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AVERAGE SALES PRICE

TOTAL HOMES SOLD +24%

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AVAILABLE INVENTORY +23%

KEY FACTORS

Average prices are increasing in high demand areas
Demand is higher in price ranges below $400,000
Inventory is still fairly low, although higher than this time last year
Homes priced above $500K not appreciating.

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Spring has started off with high demand, but tight inventory. Homes priced well and in good condition are under contract in days, many with competing offers. If you've been waiting to sell, this year is a good time. If you're in the market to buy...have patience and know when to pull the trigger.

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Data Source: MRIS Metropolitan Regional Information System

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The Highland Group

with Turning Point Real Estate

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Frederick MD Real Estate
www.FrederickRealEstateOnline.com
Cell: 301-401-5119
Broker: 301-831-8232

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Chris & Karen Highland

Haiku Deck Pro User

http://frederickrealestateonline.com

Slide Notes