Looking at these Statistics for Frederick County Maryland, the picture of September 2010 vs. September 2011 does not look favorable. The only gain seems to be in Days on Market, and no one wants to see that, except for the savvy real estate buyer/investor.
The Real Estate Market in Frederick, MD is a mixed bag of statistics (see charts below). With four zip codes: 21701, 21702, 21703, and 21704, to cover – the news is not as positive as I would like. For the most part all categories are down over this time last year. But if you remember, the Spring of 2010; The Fed did artificially stimulate the market, with the First Time Home Buyer Tax Credit.
The Median Sold Price for Frederick County, as a whole, for last month was $249,743. This number dropped from $258,476 in 2010. This -3.38% Sold Price change has many wondering what will happen this spring. Have prices finally fallen to the bottom? Is the Frederick Real Estate Market ever going to stabilize? These are questions we all would like to have answers to.