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New Market MD Real Estate Market Report for October 2009

Real estate market statistics for October 2009 for sales activity in New Market MD have been published.*  Here is the synopsis:

New Market    2009    2008% Change
Avg. Price  $328,658 $331,540    +1%
Median Price  $305,450  $299,000     +2%
DOM     221      250     -12%
# homes sold      12      10     +20%
New Listings:   27
Total Marked Contract:   4
Total Marked Contingent:    7
Total Pending (contract + contingent)   11

 

There are currently 93 homes listed for sale in New Market, continuing to come down month after month. This represents roughly a 8-9 month absorption rate in New Market.

Compare to New Market real estate market report for September 2009.  See Frederick County Real Estate Market Report for October 2009.

* Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed

Search for homes in New Market, use our free MLS search:                                                                                                                                               

                                                                    Frederick Real Estate        
                                                                                                                                                                                                       
         
                                                            The Highland Real Estate Group                      
                                                    Chris & Karen Highland * Frederick County MD Real Estate Agents
                                                                    Specializing in Frederick County Real Estate 
                                                                                                     301-831-9947         301-831-9947
                                                                                 Real Estate Teams, LLC
                                                                                   
isell4u2@msn.com
  

Published Saturday, November 21, 2009 11:23 AM by Chris & Karen Highland

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Friday, December 18, 2009 11:59 AM by Frederick County Short Sale Information

# New Market MD Real Estate Market Report for November 2009

Real estate market statistics for November 2009 for sales activity in New Market MD have been published.*

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