Burtonsville, MD Market Report – 1/22/10

22 Jan
January 22, 2010

Burtonsville is located at the crossroads of Maryland Route 29, which is a major north-south road, and Maryland Route 198, which is a major east-west road. It is very close to the Howard County border and the Prince Georges County border. It is also near the midpoint between the employment centers of Columbia, Maryland and Washington, DC.

The following describes the market conditions in Burtonsville, Maryland:

  • Homes for sale: 73
  • Closed sales: 7
  • Average sold price $254,286
  • Average days on market: 66

Average sales prices in Burtonsville are down 11% from one year ago,  but with an average sales price of $254,286, houses are being scooped up fast. Available housing inventory is down 20% from one year ago, but is expected to increase slightly as we go into the spring.

When the new Intercounty Connector is completed, Burtonsville residents will enjoy even faster access to points west into Montgomery County all the way over to Interstate 270.

Market data and  commentary provided by David Hess, Executive Vice President and Managing Broker.

Search for homes in Burtonsville, and all of the DC Metro: www.averyhess.com

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