Damascus Real Estate Statistics 8-09

Below are the Real Estate Statistics for the month of August 2009 for the Damascus area including  Zip Codes 20872 and 20882.   It’s the same story as last month – number of units sold is up but the sales prices are still way down.

 ZIP CODE 20872    2009    2008    % Change
Total Sold Dollar Volume: $ 3,735,000 $ 3,844,900 - 2.86 %
Average Sold Price: $ 311,250 $ 427,211 - 27.14 %
Median Sold Price: $ 317,500 $ 290,000 9.48 %
Total Units Sold: 12 9 33.33 %
Average Days on Market: 153 150 2.00 %
Average List Price for Solds: $ 353,358 $ 507,933 - 30.43 %
Avg Sale Price as a
percentage of Avg List Price:
88.08 % 84.11 %
 
Total NEW listings: 26
Total Properties Marked Contract: 1
Total Properties Marked Contingent Contract: 10
Total NEW pendings (Contracts + Contingents): 11

 


 

 ZIP CODE 20882    2009    2008    % Change
Total Sold Dollar Volume: $ 6,525,750 $ 3,444,050 89.48 %
Average Sold Price: $ 593,250 $ 688,810 - 13.87 %
Median Sold Price: $ 650,000 $ 720,000 - 9.72 %
Total Units Sold: 11 5 120.00 %
Average Days on Market: 72 309 - 76.70 %
Average List Price for Solds: $ 650,109 $ 785,597 - 17.25 %
Avg Sale Price as a
percentage of Avg List Price:
91.25 % 87.68 %
 
Total NEW listings: 18
Total Properties Marked Contract: 5
Total Properties Marked Contingent Contract: 8
Total NEW pendings (Contracts + Contingents): 13

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