Market continues to show signs of positive change in Frederick

If you have been waiting to buy a house at lowest price, your wait might just be over. The number of sales have picked over the last few months across Frederick county. It is still happening in pockets, not all neighborhoods are seeing “SOLD” signs across their front lawns quite yet.

Frederick City has shown some increases in sales over last year and increase in price over last quarter but still below this time last year. While places like Brunswick are still struggling with sales, granted there is a sales increase but not like Frederick.

Thurmont has signs of good times to come like Frederick as you can see below.

Now what about the rest of the state? Remember I said it is happening in pockets. Real estate is extremely local. The state has an increase over last quarter, however not much at all over last year while we have. So if you play the law of averages, not every area in the state of Maryland is doing as well as our area.

I am still glad to see the decline in the inventory of homes in Frederick County. Sellers are more serious and lower number of foreclosures available (more to come, just a small reprieve.) Too much inventory just pollutes the market.

The July numbers are available at the Frederick County Association of REALTORS® website and by clicking here.

So what do you think? What have you seen in your neighborhood? Are there more SOLD signs or they still collecting dust? Did you want me to take a closer look at your area?

Have a great day.

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.