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20785 Hyattsville MD Real Estate Market Report-November 2014

20785 Hyattsville MD Real Estate Market Report-November 2014.

 

While the zip code 20785 shows Hyattsville MD,it can also show Landover MD as well. I know because I recently helped a very good and patient client of mine who I have been with for around close to 7 long years close on a "house for sale in Landover MD 20785"

 

569 Garrett A.Morris Blvd Landover MD 20785

 569 Garrett A.Morris Blvd Landover MD 20785

 

                  Here is the 20785 Hyattsville MD Real Estate Market Report

 

20785 Hyattsville MD Real Estate Market Report

Here are some additional information from this Hyattsville MD Real Estate Market Report

 

  • Average sold price of a Hyattsville MD House for sale was $196,108 in November 2014. That is up 23.32% from this time last year when the average sold price of a Hyattsville MD House for sale was $159,029.

 

  • 25 Hyattsville MD Houses for sale sold in November 2014. That is only down 19.35% from this time last year when 31 Houses for sale sold in Hyattsville MD 20785.

 

  • Average days on the market of a Hyattsville MD House for sale that sold was 44 days in November 2014. That is better than this time last year when the average days on the market of a Hyattsville MD House for sale was 50 days.

 

  • Average sold price to original list price ratio of a Hyattsville MD House was 101.2% in November 2014. That is up 8.49% from this time last year when it was 93.3%.

 

  • Out of the 25 Houses for sale that were sold in Hyattsville MD,11 of them were purchased with a FHA Loan,4 were purchased with a Conventional loan,1 was purchased with a VA Loan and 7 of them were purchased with Cash.

 

  • 23 out of the 25 Hyattsville MD Houses for sale that sold in November 2014 sold in 90 days or less. And 17 out of the 25 Hyattsville MD Houses for sale sold in 60 days or less.

 

This time of the year is when real estate activity tends to slow down. But the more serious ready,willing and able home buyers are the ones who are still looking for a house to buy before the end of the year. With Christmas in about 8 days,many have put the home shopping to the side till early next year. This year many people said that they were very busy in early January. We might get repeat of that this year. Expect Millennials to crowd the market next year. And with the Economy slowly rebounding and rent rising in many areas,hopefully this will increase consumer confidence in the Real Estate Market.

 

Want to know how much your house is worth? Click on this link to get a Free Evaluation of your Hyattsville MD House.

 

And click on this link to Search Hyattsville MD Houses for sale $200,000-$350,000

Click here to Receive up to $15,000 from government programs that would assist you in down payment and closing cost fees when you buy your house                                                                          

Want to search houses for sale in Washington DC,Maryland and/or Virginia? Click here

 

Want to know how much houses are selling for in your area? Click here 

 

Click on this link to download my KW Mobile App to search homes for sale on your mobile phone,IPAD or tablet http://app.kw.com/KW2GQDDCJ

 

kw logo      https://www.linkedin.com/in/bornagain00

 

 

 

                       

  

 

Comment balloon 3 commentsLanre-"THE REAL ESTATE FARMER" Folayan • December 17 2014 05:08PM
20785 Hyattsville MD Real Estate Market Report-November 2014
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