Burtonsville, MD 20866 Zip Code Home Sales Statistics - Average Sold Price $235,421

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Education & Training with Retired Real Estate Broker, Maryland Blogger

Burtonsville, MD 20866 Zip Code Home Sales Statistics - Average Sold Price $235,421

The following residential sales statistics are for the past month and are compared with the same month last year. There were 14 new listings of homes for sale and 11 homes for sale went to pending new contracts. The sold dollar volume for the zip code was down 46.34% from last year. The number of homes sold and settled was 12 from 20 last year. The average time on the market was 85 days from 92 days last year. The average sale price was 90.80% of the average list price. The average sold price was $235,421. The median sold price was $212,450.   

Please contact us if you wish to receive statistics for another zip code.

 Life is good in Montgomery County, MD.

RealEstate Business Intelligence, LLC.
ZIP Code Statistics - Higher Price Segment Format

ZIP Code: 20866 Burtonsville, MD
From: 09/01/2010 to 09/30/2010                Statistics generated on: 10/06/2010

  Residential
Unit Sales
Number of Bedrooms
Active Listings   Time on Market
Price Class 2
Or Less  

3
4
 or More  
Condo
Coop
Ground
Rent
Residential
 
Condo
Coop
Ground
Rent
of Units Sold
(No. of Units)
Under $100,000 0 0 0 0 0 0 0 0 1 -30 Days 4
$100,000 - 149,999 1 0 0 1 0 0 4 0 31-60 Days 3
$150,000 - 199,999 3 1 0 0 0 3 2 0 61 - 90 Days 2
$200,000 - 249,999 0 3 0 0 0 20 2 0 91-120 Days 1
$250,000 - 299,999 0 1 0 0 0 15 0 0 Over 120 Days 2
$300,000 - 349,999 0 0 0 0 0 10 0 0 Total 12
$350,000 - 399,999 0 0 0 0 0 4 0 0  
$400,000 - 449,999 0 0 1 0 0 5 0 0 Type of Financing
of Units Sold
(No. of Units)
$450,000 - 499,999 0 0 1 0 0 0 0 0
$500,000 - 599,999 0 0 0 0 0 5 0 0 Conventional 1
$600,000 - 699,999 0 0 0 0 0 2 0 0 FHA 7
$700,000 - 799,999 0 0 0 0 0 2 0 0 VA 0
$800,000 - 899,999 0 0 0 0 0 0 0 0 Assumption 0
$900,000 - 999,999 0 0 0 0 0 0 0 0 Cash 3
$1,000,000 - 2,499,999 0 0 0 0 0 0 0 0 Owner Finance 0
$2,500,000 - 4,999,999 0 0 0 0 0 0 0 0 All Other 1
$5,000,000 & Over 0 0 0 0 0 0 0 0 Unreported 0
Totals 4 5 2 1 0 66 8 0 Total 12
Grand Totals 12 74    
    2010   2009   % Change
Total Sold Dollar Volume: $ 2,825,050 $ 5,264,800 - 46.34 %
Average Sold Price: $ 235,421 $ 263,240 - 10.57 %
Median Sold Price: $ 212,450 $ 265,000 - 19.83 %
Total Units Sold: 12 20 - 40.00 %
Average Days on Market: 85 92 - 7.61 %
Average List Price for Solds: $ 259,274 $ 280,402 - 7.53 %
Avg Sale Price as a
percentage of Avg List Price:
90.80 % 93.88 %  
Total NEW listings: 14
Total Properties Marked Contract: 8
Total Properties Marked Contingent Contract: 3
Total NEW pendings (Contracts + Contingents): 11


MRISSource: RealEstate Business Intelligence, LLC. An MRIS company. All Rights Reserved.
Copyright 2010 - Information deemed reliable, but is not guaranteed.  

Mortgage Financing:  Pre-approval for financing is the first step in the home purchase process. Buyers, including investors, need to have a lender letter in hand when they submit an offer on a property. Buyers should be prepared to fully document their income and obligations. Ask us for a referral if you do not have an existing relationship with a mortgage lender.

The FHA loan limit for Montgomery County and Frederick County is $729,750.  FHA financing has a minimum cash requirement of 3.5% of the purchase price.  FHA Streamlined 203(k) financing allows borrowers to include up to $35,000 of home improvements in the mortgage amount. The limit for FHA reverse mortgages: $625,000.  Age 62+ seniors use reverse mortgages when they need to eliminate mortgage payments.

All of the available listings of homes for sale may be viewed on MRIS, the regional multiple listing service, on Homes Prospector at www.roykelley.com  

Please contact us with your questions on the residential real estate market. Buyers and sellers should understand the impact of short sale listings and REO properties.

Your referrals of friends and family members will always be appreciated.

Posted by

Roy and Dolores Kelley Photographs

Roy Kelley, a real estate broker since 1960, has retired from his position as Associate Broker with RE/MAX Realty Group in Gaithersburg, Maryland. The needs of past clients and referrals will be met by long time associates. 



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Topic:
Home Buying
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20866 zip code home sales statistics

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Rainmaker
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Anita Clark
Realtor - Homes for Sale in Warner Robins GA
ColdwellBanker SSK Realtors ~ 478.960.8055

Good localized content for buyers in your area Roy.  Very handy!

October 15, 2010 12:24 PM
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Rainmaker
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Roy Kelley

Roy and Dolores Kelley Photographs
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