Tuesday, May 23, 2006

Spring Market...is it over?


Its looking like the spring has sprung as we head into the last weekend in May. The latest housing report shows contracts and settlements way down over last year. (Almost a 20% decrease) I will post a link to the Parade Magazine article tomorrow about the market. I found it interesting.

Sorry so short today.

Here are Frederick Counties latest numbers (and then some);

Total 1654
New the last 2 days 53
Under Contract last 7 days 79






Active Listings 1654
Average active price on market now $473,695
Average number of days on market 77
Condos 103
Townhomes 527
Detached SFH 1065
Lowest price Listing $12,500 (Mobile home only not the land it sits on)
Highest price Listing $6,990,000 (Egypt Farms in Burkittsville)

Under Contract Listings Month to date 274
Average price $369,583
Average days on market 55
Condos 25
Townhomes 101
Detached SFH 148

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