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Local Market Updates A free research tool from MRIS, Inc.

January

Garrett County

Year to Date

2009

2010

Change

2009

2010

New Listings

38

41

+ 7.9%

38

41

+ 7.9%

Closed Sales

10

11

+ 10.0%

10

11

+ 10.0%

Pending Sales

11

19

+ 72.7%

11

19

+ 72.7%

$324,250

$319,000

- 1.6%

$324,250

$319,000

- 1.6%

84.7%

87.4%

+ 3.2%

84.7%

87.4%

+ 3.2%

Average Days on Market Until Sale

201

175

- 12.7%

201

175

- 12.7%

Single-Family Detached Inventory

371

403

+ 8.6%

--

--

--

Townhouse-Condo Inventory

257

277

+ 7.8%

--

--

--

Median Sales Price* Percent of Original List Price Received at Sale*

Change

*Does not account for seller concessions. Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved.

Activity—Most Recent Month 41

38

Activity—Year to Date

2009

10 + 7.9% 7 9%

11

Closed Sales

Median Sales Price $319,000

2009

$324,250

New Listings

$319,000

Closed Sales

2009

- 1.6% Year to Date

January

Days on Market Until Sale

87.4%

2010

84.7%

87.4%

+ 3.2%

+ 3.2% January

Year to Date

Inventory of Homes for Sale 2009 2010

371

201

403

175

2009 2010

- 12.7%

- 12.7% J

11 + 10.0% 10 0%

+ 7.9% 7 9%

84.7%

- 1.6%

175

10

Percent of Original List Price Received at Sale 2010

201

2009 2010

10 0% + 10.0%

New Listings

$324,250

41

38

2010

Y

+ 8.6%

257

277

+ 7.8%

t D t

All data provided by MRIS, Inc. Reports are created and maintained by 10K Research and Marketing. This report may be reproduced by MRIS members.

Garrett County Real Estate Jan market update  

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