DC Real Estate and Area Events: Prince George's County MD Homes Real Estate Market Report

Prince George's County MD Homes Real Estate Market Report

PG County MD Homes Real Estate Market Report for January 2010. There are a lot of PG County MD Homes for sale.  This is a great time to buy a PG County MD Home for sale.

     According to the MRIS,the total sold dollar volume for PG County MD Homes in January 2010 was $111,951,531. That's a 45% increase from 2009 when total sold dollar volume in PG County MD Homes for sale was $77,208,485.

     FHA loans are still the most popular loan product among home buyers in PG County MD. Out of the 559 PG County MD Homes for sale that sold in January 2010,303 of the home buyers used a FHA loan. 113 of the houses were purchased with cash. There seems to be a lot of cash buyers in PG County MD lately. Home buyers know a good deal when they see one I guess.

      Average sold home in PG County MD was $200,271 down 20.63% when houses for sale in PG County MD sold for $252,315. Average days on the market for PG County MD Homes in January 2010 was 101 days which is better than this time last year when average days on the market was 158 days.

     With only 66 days left to have a house under contract (April 30th) and two months later to close (June 30th) in order to qualify for the $8000 home buyer tax credit,the time to buy a house for sale is now.

   

 

Preview of your graph

I can also be reached at my new Active Rain Outside Blog www.GetDCSold.com - "Where we will get it sold-your home that is"http://twitter.com/DCHomesforsale,Twitter: DCHomesforsaleFacebook,  and _LinkedIn. Please give me a call at 202-378-0283 (Direct) or 301-560-6700 x1154 (Office) at your earliest convenience. P.G County Maryland Homes for sale.

 

 

Lanre Folayan-"The Real Estate Farmer"with Exit Advance Realty- Serving P.G County Maryland,Baltimore County,Montgomery County,Charles County MD,St.Mary's County MD and DC Home buyers and sellers.

 

Lanre Folayan

Lanre Folayan-"The Real Estate Farmer"
Exit Advance Realty
Real Estate Agent - Residential

 

8500 Westphalia Rd
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)                                                                                      
(301) 518-3948 (Office)

PG County MD,Charles County MD,St.Mary's County MD,Baltimore County MD and DC Pre-Foreclosured Properties,Bank Owned Properties and Estate Sales.

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Comments

Nice Market information Lanre!  Glad to see properties under contract and sold!  But I do still see lots of homes on the market!  Wow!

Posted by Nyssa Smith REALTORĀ®, State College Area Real Estate (Kissinger, Bigatel & Brower Realtors) 6 months ago

I agree with Nyssa!

Certainly glad to see things selling!

Cash is the King isn't it!

Thanks,

Tom Davis

Posted by FREE Delaware Homes Search!, $$ Save $$ Find Homes! Delaware Realtor Tom Davis (Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !) 6 months ago

Hey Lanre,
Great real estate market , I love your chart and the colored graphics to share this market report, keep it good !

 

Posted by Aurora, CO Homes for Sale in Aurora, Colorado - Ray Saenz (United Property Brokers, Inc) 6 months ago

I agree with Ray Saenz,

I also loved the chart with the color!

Nice work!

Thanks,

Tom Davis

Posted by FREE Delaware Homes Search!, $$ Save $$ Find Homes! Delaware Realtor Tom Davis (Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !) 6 months ago

Lanre  Excellent market report - clear and easily understood

Posted by Karen Kruschka - Prince William, Fairfax ,Stafford County VA Real Estate Service (RE/MAX Olympic Realty) 6 months ago

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