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Valerie Mcneal's Blog

By Valerie McNeal, CDPE, CRS, GRI | Agent in Maryland

MD Housing Inventory Snapshot

    Valerie McNeal, CRS, GRI, CDPE
RE/MAX Sails, Inc.
Direct (443) 405-3587
Office (410) 814-2455
Cell Phone (301) 704-8129
Fax (866) 431-0427
Valerie@TheMACTeam1.com
http://themacteam1.com
Setting The New Standard In Baltimore Real Estate
   

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot December 28, 08
  Average List Price Median List Price Average Days On Market
Anne Arundel County, MD
Single Family under $500K $342,586 $344,900 144
Single Family over $500K $1,063,873 $785,000 194
Condo/Townhome under $300K $204,493 $224,668 129
Condo/Townhome over $300K $499,988 $389,000 145
Baltimore County, MD
Single Family under $500K $296,777 $280,000 147
Single Family over $500K $915,278 $699,000 158
Condo/Townhome under $300K $184,838 $184,900 128
Condo/Townhome over $300K $449,860 $375,000 143
Baltimore City, MD
Single Family under $500K $255,763 $240,000 143
Single Family over $500K $854,673 $678,000 188
Condo/Townhome under $300K $132,740 $125,000 148
Condo/Townhome over $300K $574,082 $429,000 168
Howard County, MD
Single Family under $500K $377,687 $379,900 128
Single Family over $500K $842,725 $700,000 159
Condo/Townhome under $300K $226,101 $235,000 122
Condo/Townhome over $300K $402,561 $364,900 116
Montgomery County, MD
Single Family under $1M $499,179 $450,000 135
Single Family over $1M $2,091,506 $1,695,000 143
Condo/Townhome under $600K $260,092 $239,900 132
Condo/Townhome over $600K $1,032,857 $845,000 138
Prince Georges County, MD
Single Family under $500K $287,204 $279,990 142
Single Family over $500K $754,715 $625,000 213
Condo/Townhome under $300K $203,552 $210,000 135
Condo/Townhome over $300K $353,137 $335,000 144
District of Columbia (DC), DC
Single Family under $1M $419,306 $350,000 123
Single Family over $1M $3,406,766 $2,450,000 128
Condo/Townhome under $600K $312,491 $298,000 131
Condo/Townhome over $600K $1,225,482 $880,000 125

MORTGAGE. National Averages (December 28, 08)*
30-year fixed Rate - 5.31% APR - n/a%
15-year fixed Rate - 5.16% APR - n/a%
5/1 ARM Rate - 4.55% APR - n/a%

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional&courteous service along with knowledgeable guidance through the process.


With very best regards,
Valerie McNeal, CRS, GRI, CDPE
RE/MAX Sails, Inc.
Direct (443) 405-3587
Office (410) 814-2455
Cell Phone (301) 704-8129
Fax (866) 431-0427
Valerie@TheMACTeam1.com
themacteam1.com

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