The figures below represent the housing market for Frederick County, Maryland.
- New listings: 440
- Under contract: 305
- Total sold: 261
- Average sale price: $261,992
- Average days on market: 116
Though Frederick County, Maryland lies northwest of Montgomery County, it is drawing interest as another suburb of the District of Columbia, especially for buyers entering the area. Much of the appeal is due to more affordable housing and the availability of rail transportation.
The average sales price in the county has dropped about 20% from this time last year, but the total units sold has gone up almost 40%. This not only shows the increased desirability of the area, but also the number of foreclosures available. Homes are staying on the market about the same amount of time as last year, about 5% less, while the supply of homes available has decreased by 28%.
Market data and commentary provided by Ginny Gunther, Managing Broker, Avery-Hess, Realtors.
Search for Homes in Frederick County, and all the DC Metro: www.averyhess.com