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Frederick MD Real Estate

Real Estate News for Frederick County Maryland

By Chris Highland | Agent in Frederick, MD

Frederick County Real Estate Report June 2012

Frederick County Real Estate

Snapshot for June 2012

The Frederick real estate market was picking up in June. Here is a snapshot of real estate sales in Frederick County:

County-wide    2012      2011  % Change
Avg. Price  $275,600  $247,200        +11%  ↑↑
    Month-Over-Month  $275,600  $266,400 (May)        +3%    ↑
Median Price  $244,000  $220,000        +11%  ↑↑
    Month-Over-Month  $244,000  $237,700 (May)        +3%    ↑
DOM     81   101        -20%  ↓↓
# homes sold    277   258         +7%   ↑
    Month-Over-Month    277   236 (May)        +17% ↑↑
Total Listings    893   1268        -30%  ↓↓
Inventory   3-4 mos.   6 mos.          ↓
New Pending Sales   288   306        -5%    ↓
Sale Price as
% of List Price
   95%   91%          ↑


What’s Notable:   Sales Are Up, Prices are Stable, Inventory is LOW.

  • Notes:  There are currently 893 homes on the market in Frederick County, very close to last month, still historically low. (30% lower than last Spring) This makes roughly a 3-4 month inventory.
  • Cash deals were 14% of sales.
  • The number of pending sales is steady and we’re seeing a vigorous Summer real estate market, with higher demand and low inventory.
  • Sellers got 95% of list price on average, compared to 91% at this same time last year.
  • Of the 277 homes sold, 42 or 15% of homes sold were Short Sales, 24 or 9% were foreclosures.
  • Distress sales are still an influence on prices. Of the 893 listings in Frederick County, 37, or 4% are foreclosures, and 108, or 12% are short sales.

*MRIS – Mid-Atlantic Regional Information System – These statistics are not guaranteed but are considered accurate.

See Previous Frederick Real Estate Market Statistics



The Highland Group
Turning Point Real Estate
8923 Fingerboard Road
Frederick, Md 21704

TEXT US: 301-401-5119

The Highland Group

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