Frederick Md Real Estate January 2015

Published on Nov 19, 2015

Frederick Md Real Estate Market activity in the beginning of 2015 has been robust, with an increase in the number of homes going under contract over last year, as well as increases in average and median home sales prices. 2015 promises to be a great year to buy and to sell!

PRESENTATION OUTLINE

January 2015

Frederick Maryland

Average Sales Price

Average Single Family Price +9%

Average Attached Home Price +26%

Median Sales Price

Photo by opie0429

Median Home Sales Price +22%

Average Days on Market +21%

85, compared to 70 last January
Photo by danielmoyle

Total Listing Inventory

c. 1000, up 30% from last year
Photo by MarkMoz12

Miscellaneous Stats

  • Number of homes sold 159, equal to last year
  • 302 Newly Under Contract: +17% over last year
  • Home Sellers Got 94% of list price on Average, above 5-year average

What's Notable?

What it Means:

  • More home buyers in the market
  • Buyers are able to afford more
  • Sales have started off with a roar in 2015
  • Inventory has increased over last year, giving buyers more choices...
  • And giving sellers more competition

The Highland Group

with Turning Point Real Estate in Frederick Md

Chris Highland
Cell: 301-401-5119
Broker: 301-831-8232
Read More on our Website: FrederickRealEstateOnline