Frederick Communities Real Estate Market April
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Frederick County real estate market statistics for the month of April 2009. Listed by community. Middletown
2009
2008
% Change -24%
Avg. Price
$294,143
$388,040
Median Price
$285,000
$392,500
-27%
125
207
-40%
7
10
-30%
DOM # homes sold New Listings:
27
Total Marked Contract:
7
Total Marked Contingent:
6
Total Pending (contract + contingent)
Urbana
2009
13
2008
% Change
Avg. Price
$414,154
$360,900
+15%
Median Price
$400,000
$350,000
+14%
268
231
+16%
13
7
+86%
DOM # homes sold New Listings:
18
Total Marked Contract:
7
Total Marked Contingent:
9
Total Pending (contract + contingent)
16
Walkersville
2009
2008
% Change
Avg. Price
$190,792
$253,200
-24%
Median Price
$1450,875
$262,640
-44%
133
-49%
4
+50%
DOM
68
# homes sold
6
New Listings:
14
Total Marked Contract:
8
Total Marked Contingent:
5
Total Pending (contract + contingent)
13
New Market
2009
2008
% Change
Avg. Price
$322,600
$393,550
-18%
Median Price
$321,732
$338,500
-5%
195
88
+122%
10
14
-29%
DOM # homes sold
New Listings:
32
Total Marked Contract:
6
Total Marked Contingent:
11
Total Pending (contract + contingent)
17
Mount Airy
2009
2008
% Change
Avg. Price
$365,962
$407,225
-10%
Median Price
$320,000
$442,500
-28%
DOM
90
147
-39%
# homes sold
15
14
+7%
New Listings:
41
Total Marked Contract:
19
Total Marked Contingent:
8
Total Pending (contract + contingent)
27
Thurmont
2009
2008
% Change
Avg. Price
$164,635
$240,571
-32%
Median Price
$170,775
$219,000
-22%
296
-79%
7
+86%
DOM # homes sold
22 10
New Listings:
11
Total Marked Contract:
9
Total Marked Contingent:
2
Total Pending (contract + contingent)
11
With the exception of New Market, we’ve seen an increase in the number of sales throughout Frederick County communities. Prices have continued to decline, though at a slower pace throughout Frederick County. You can see by the First Quarter 2009 Frederick real estate market statistics that the number of sales are increasing, indicating the more buyers are entering the market than in 2008. Another positive note is that the number of pending contracts is up in most places. To see Frederick County Market Statistics for April 2009. To see Frederick City Market Statistics for April 2009.
2009
2008
% Change -24%
Avg. Price
$294,143
$388,040
Median Price
$285,000
$392,500
-27%
125
207
-40%
7
10
-30%
DOM # homes sold New Listings:
27
Total Marked Contract:
7
Total Marked Contingent:
6
Total Pending (contract + contingent)
Urbana
2009
13
2008
% Change
Avg. Price
$414,154
$360,900
+15%
Median Price
$400,000
$350,000
+14%
268
231
+16%
13
7
+86%
DOM # homes sold New Listings:
18
Total Marked Contract:
7
Total Marked Contingent:
9
Total Pending (contract + contingent)
16
Walkersville
2009
2008
% Change
Avg. Price
$190,792
$253,200
-24%
Median Price
$1450,875
$262,640
-44%
133
-49%
4
+50%
DOM
68
# homes sold
6
New Listings:
14
Total Marked Contract:
8
Total Marked Contingent:
5
Total Pending (contract + contingent)
13
New Market
2009
2008
% Change
Avg. Price
$322,600
$393,550
-18%
Median Price
$321,732
$338,500
-5%
195
88
+122%
10
14
-29%
DOM # homes sold
New Listings:
32
Total Marked Contract:
6
Total Marked Contingent:
11
Total Pending (contract + contingent)
17
Mount Airy
2009
2008
% Change
Avg. Price
$365,962
$407,225
-10%
Median Price
$320,000
$442,500
-28%
DOM
90
147
-39%
# homes sold
15
14
+7%
New Listings:
41
Total Marked Contract:
19
Total Marked Contingent:
8
Total Pending (contract + contingent)
27
Thurmont
2009
2008
% Change
Avg. Price
$164,635
$240,571
-32%
Median Price
$170,775
$219,000
-22%
296
-79%
7
+86%
DOM # homes sold
22 10
New Listings:
11
Total Marked Contract:
9
Total Marked Contingent:
2
Total Pending (contract + contingent)
11
With the exception of New Market, we’ve seen an increase in the number of sales throughout Frederick County communities. Prices have continued to decline, though at a slower pace throughout Frederick County. You can see by the First Quarter 2009 Frederick real estate market statistics that the number of sales are increasing, indicating the more buyers are entering the market than in 2008. Another positive note is that the number of pending contracts is up in most places. To see Frederick County Market Statistics for April 2009. To see Frederick City Market Statistics for April 2009.
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