Urbana Maryland Real Estate Market Report
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Urbana Maryland
Frederick County Maryland and Urbana Maryland Real Estate Report & Homes For Sale for October 2012
We hope you that will find the following snapshot of Urbana Maryland Real Estate Market & inventory interesting. These charts represent the condition of our local market here in Frederick County Maryland and an easy explanation. .
Let's Begin. .
Something to note right away. . .these charts represent the state of the market YEAR over YEAR for the last 5 YEARS.
Explanation: The first chart depicts the average days you will expect a listing to last when it comes for sale.
What Does It Mean? :As you can see, we are at the lowest areas for the last 5 years. Listings are becoming scarce as more buyers seem to take advantage of the low interest rates
Explanation: The AVERAGE sold PRICE in the last five years vs the Median SOLD PRICE.
What Does It Mean? :As you can see, these two come hand in hand, but the most important factor is that show signs of normalcy. . is the fact that we have slowly progressed in the last 5 years to what we were in 2007
Explanation: The first chart depicts the Median Sold Price and the second shows that Average SOLD price. .what is the difference?
What Does It Mean? :It is just two different ways to find the average SOLD PRICE on homes at any given moment. An average is the sum of all SOLD every year and divided by 5 . . and the median just measure the middle trend without becoming askew in case of an unusual SOLD price that is not representative to the local market.
Check the FULL Frederick County Maryland Real Estate Report Here
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Frederick County MD Real Estate
Herboso & Associates LLC
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Content Provided by Herboso & Associates
Villages Of Urbana Latest Listings
$450,000
3847 GLASGOW WAY, Frederick
Brick Front Colonial. 2-Story Foyer, Main Lvl Study, FamilyRm W/FP, Kitchen W/Breakfast Room, Jenn-Air Cooktop In Island. Formal Living & Dining Rm W/Hrdwd, Crown/Chair M...
- Beds 4
- Baths 4.0
- MLS FR7859729
$323,740 ?
3578 WORTHINGTON BOULEVARD, Urbana
NV Homes is reintroducing the Vanderbilt floorplan, our 2220 sq feet townhome! Our townhomes are conveniently located next to the Urbana Market District & include Granite...
- Beds 3
- Baths 3.0
- MLS FR7936538
$300,000
9424 SINGLETON PLACE, Frederick
APPROVED SHORT SALE PRICE- PREVIOUS CONTRACT FELL THROUGH. Great condition 3BD/ 2.5B 3 level town home. 9" ceilings, hard wood floors, recessed lighting. Gorgeous kitche...
- Beds 3
- Baths 3.0
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