provided by The Highland Group. City of Frederick real estate Statistics July2013 have been published by MRIS*.
Here are the highlights for the three zip codes in the City of Frederick:
|# homes sold||51||61||-16%|
|Total New Pending (contract + contingent)||66|
The inventory is 146 active listings in the zip code, which represents roughly a 2-3 month inventory. There are 135 homes under contract total. Sellers are getting an average 95% of list price, compared to 94% one year ago, on average.
* * *
|# homes sold||47||31||+52%|
|Total Pending (contract + contingent)||54|
There are currently 136 active listings in the zip code, compared to 76 at this time last year, representing roughly a 3 month inventory. There are 96 homes under contract total. Sellers got 96% of list price on average, compared to 95% last year. Inventory is picking up, demand is up, and prices are up.
* * *
|# homes sold||50||35||+43%|
|New Marked Contract:||32|
|New Marked Contingent:||25|
|Total Pending (contract + contingent)||57|
This zip code shows 78 active listings, representing roughly a 2-3 month inventory. There are currently 109 homes under contract total. Sellers got an average of 97% of list price this month, compared to 95% this time last year.
Notes: The inventory is still low right now, 887 county-wide.
Short sales are still a significant aspect of sales, although the number of short sale listings are steadily decreasing. They are still an influence on appraisals.
Compare to City of Frederick Real Estate Market Reports
*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.