Market Conditions for Condos in Frederick County

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Condos seem to have been the litmus test of the real estate industry. As the sales increase so do the rest of the market. I guess it’s a matter of where either one starts or one finishes their home buying process. First Time home buyers find the price of condos to be an attractive place to start their real estate portfolio. Condos are usually the right size, more luxurious than their previous apartment, definitely better looking than their room at Mom and Dad’s and most cases maintenance free. So condos are usually an excellent choice for getting a start on your homeownership.

On the other end of the spectrum, you have the “empty nesters” down sizing. Couples that have raised their family, had the big house with the picket fence and are now tired of cutting the grass, raking leaves, cleaning all those empty rooms and end up heading over to the condominium purchase. The Active Adult communities are made up of condominium association with features and amenities conducive to the lifestyles of the 55 and older crowd. You find this demographic prefers something more on the luxurious side. They want the finer things in life as they spend (and prepare for) their retirement. Condos allow them security, community, and maintenance free living.

Condo Market 12/03/07

Condo Assoc.	Active	Contract	Sold in last 90 Days	Price Range
Ambertowne	12	1	1	115,000-162,500
8th St Mews	9	O	1	189,900-219,900
Creekside Plaza	9	O	O	397,900-1,180,000
Jefferson Chase	10	O	O	159,900-234,500
Mill Crossing	12	1	O	209,900-249,900
Maxwell Place	4	O	1	345,000-673,750
Monacacy Overlook	4	O	O	190,000-205,000
Old Farm Station	11	2	3	155,000-239,000
Ridgeview II	6	3	4	215,000-260,000
Springridge	4	1	2	229,900-245,000
Wormans Mill	6	1	1	264,900-369,900
All Frederick County	158	16	42	115,000-1,180,000

If you are interest in more information about any of the condos in Frederick, feel free to contact me. I will gladly find you the information that you need.

Edit: Market Conditions provided for Freda

Overlook Condos market conditions

December 3, 2007 · Filed Under Frederick MD Real Estate, Frederick Market Conditions, frederick real estate

16 Comments

A little tribute to one of my Childhood Icons

I learned yesterday that Evel Knievel had passed away yesterday. I grew up watching every daredevil stunt that he attempted. As kids we anticipated every network show he had scheduled. We just couldn’t wait. Then the next day, we would talk about it all day and re-enact the latest stunt. I had the little action figures and the motorcycles with ramps. I even had the bicycle with the red, white and blue markings just like his. We used to build ramps and jump off them…without bicycle helmets!!! There were claims that he had broke every bone in his body at least once…he was our hero. He was larger than life.

Life was so much simpler back then…kids of today just don’t even know

Rest in Peace.

[youtube]http://www.youtube.com/watch?v=Wsq3dWTrRWA[/youtube]

December 1, 2007 · Filed Under Frederick Misc