Market Update – Whittier Pond area
April 29, 2008 by Bob Carney
Filed under Real Estate Topics
One of the popular communities in Frederick County called Whittier Pond. Built back in the early 1990s, you have a wide selection of homes in this area. Condos, townhouses and single family homes throughout the community. With a full array of amenities; Walking paths, basketball courts, tennis courts, three community swimming pools and a seven acre lake help to build a stronger community feeling. The lake offers a peaceful evening stroll or morning jog. Picnic table riddle the shoreline for an afternoon picnic.
Newer single family homes are being built right now with a price range of $440,000 to $650,000. The Vistas at Whittier offer spectacular views of the city.
If you are not ready for brand new, there are plenty of previously enjoyed homes to choose from…Contact me for a detailed list of active homes. (or Search MLS for Free here)
The last time I took a closer look at this community was back in November. Let’s compare the activity then to now and try to understand the trends.
Market in Whittier Pond 11/19/07
| Active | Under Contract | Sold in last 90 days | Ave. Days on Market | |
|---|---|---|---|---|
| Condos | 1 | O | O | 102 |
| Town Homes | 19 | 5 | 4 | 140 |
| Single Family | 9 | 1 | 1 | 133 |
| Total | 29 | 6 | 5 | 137 |
and now…
Market in Whittier Pond 4/27/08
| Active | Under Contract | Sold in last 90 days | Ave. Days on Market | |
|---|---|---|---|---|
| Condos | 1 | 1 | O | 58 |
| Town Homes | 21 | O | 9 | 148 |
| Single Family | 12 | 1 | 4 | 176 |
| Total | 29 | 2 | 13 | 152 |
- Average price of Condo – $232,500
- Price range for Town homes – $222,200 to $379,900 (highest sold in last 90 days was $290,000)
- Price range for Single Family (resales only) – $275,000 to $539,000 (highest sold in last 90 days $440,000)
You can see the contracted homes moved over to the sold column but the discouraging part is the number of contracts have not increased since the last time. This is the spring market and traditionally the inventory increases as well as the activity. You see there was more activity during the slower time of the year than now.
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. 
Bob Carney
