Urbana MD Real Estate Market Conditions

Urbana Maryland has been a sought after area through the early parts of 2000s and continues to have appeal to home buyers.  It is one of the established newer communities in Frederick County and it’s conveniently located for access to Montgomery County and Washington DC.   In its final phases, the businesses have started to settle down.  There is still plenty of room for growth.  The housing market in zip code 21704 makes up about 5% of total market in Frederick County.   With that said here is a snap shot of homes in the Urbana Area.

• Total Homes on market – 106
• Total Townhouse – 33
• Total Single Family Homes – 72
• Total Condos – 1
• Under Contract – 1
• Sold in the last 90 days – 29
• Absorption Rate – 9 months (check here for a comparison)

Have a great day and remember if you need a personalized look at your neighborhood, please feel free to contact me.

Bob

Bob is a licensed Real Estate agent in Maryland and Pennsylvania. You can contact him via email at bob@gotbob4homes.com or call him on his cell phone at 240-285-4918.  Bob left the Frederick area to manage a resort office near Deep Creek Lake in Western Maryland. He still stays in touch with the area that he has grown to love.