Tag Archive for: Maryland Real Estate

Frederick County, MD – 12/23/13

23 Dec
December 23, 2013 There is so much to do in Frederick that it is hard to know where to begin. Civil war battlefields, parks, museums, wineries, zoos, minor league ballgames, historic sites, antique shops, farm markets and more. Visit old town Frederick and experience a day of shopping, browsing and eating.  The unique shops offer merchandise not found in the malls and big name stores and the wonderful eating establishments rival any 5 star restaurants. In fact, the restaurant Volt is a 5 star restaurant written up in many magazines as a top rated place to dine with a Top Chef runner-up at the helm. Spend a Saturday at one of the wineries in the area and you might just find that special wine you have always Read more [...]

Chevy Chase, MD Market Report – 11/13/13

13 Nov
November 13, 2013 Breaking down the statistics below a bit more and looking specifically at Single Family Detached homes in the Chevy Chase area, the median sold price for Detached properties for September was $942,000, representing a decrease of 2.4% compared to last month and a decrease of 33.7% from Sep 2012. The average days on market for units sold in September was 30 days, 54% below the 5-year September average of 65 days. There was no month over month change in new contract activity with 15 New Pendings; a 6.3% MoM increase in All Pendings (new contracts + contracts carried over from August) to 17; and a 44.7% increase in supply to 55 active units. This activity resulted in a Contract Ratio of 0.31 pendings Read more [...]

Olney, MD Market Report – 8/30/13

30 Aug
August 30, 2013 Statistic Values YoY MoM Total Sold Dollar Volume $19,370,774 +39.48% +76.93% Closed Sales 42 +40% +61.54% Median Sold Price $488,000 +4.39% +14.09% Avg Sold Price $461,209 -0.37% +9.53% Avg Days on Market 45   days -6.25% +50% Avg Sold to Orig List   Ratio 97.65% +2.46% -0.67% The statistics in the chart above reflect the numbers for all properties in the 20832 area.  Here is a more detail breakdown of Single Family homes in the Olney, Maryland area: In 20832, the median sold price for Detached Single Family properties for July was $525,000, representing an increase of 3.6% compared to last month and an increase of 3.2% from Jul Read more [...]

Germantown, MD Market Report – 3/27/12

27 Mar
March 27, 2012 The real estate market in Germantown is very diverse and dynamic. The area of Germantown we will be discussing is zip code area 20874. The market statistics for February 2012 are much improved over February of 2011. And all I can say about that is "thank you". Read more [...]

Derwood, MD 11/28/11

28 Nov
November 28, 2011 The unincorporated area of Derwood lies east of Rockville, southeast of Gaithersburg, southwest of Olney and northwest of greater Silver Spring. The ZIP Code for all of Derwood is 20855. Many neighborhoods make up Derwood and it is served by quite a few Montgomery County Public Schools. Read more [...]

Frederick County, MD 10/26/11

26 Oct
October 26, 2011 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. Read more [...]

North Potomac, MD Market Report – 8/17/11

17 Aug
August 17, 2011 The editors of Money Magazine have rated North Potomac #3 on the Best Places to Live list. WOW! North Potomac was created in 1988 from the cities of Gaithersburg, Potomac and Rockville and lies parallel to the Potomac River. Read more [...]

Frederick County, MD 5/31/11

31 May
May 31, 2011 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. Read more [...]

Rockville, Maryland Market Report – 5/17/11

17 May
May 17, 2011 Reporting on the Real Estate Market in Rockville, Maryland is not always simple. Rockville is located in Montgomery County, spanning five zip codes. I am beginning to see a NEW more positive Real Estate Market take shape and I have high hopes for the Spring Market Read more [...]

Kensington, MD Market Report – 4/20/11

20 Apr
April 20, 2011 The citizens of Kensington are among the few that can honestly brag that the Real Estate bottom has come and gone. With a Total Sales Volume of $8,010,210 just last month, which is up not only 2.05% over last month, and up 80.39% - yes, I said - 80.39%, over this time last year! Read more [...]