New Listings in Ijamsville in February13 homes were listed in the Ijamsville zip code (21754) in February, making a total of 42 homes currently on the market.Single-Family Homes:3307 Nicholas Ct -

Dated: January 16 2020
Views: 23
We’ve had a busy fall for real estate sales here in Frederick, compared to last year. Sales were brisk for a holiday season, time on market was down, and prices continued to rise at a healthy pace.
December was a busy month for us at Steinhoff Properties. Even though the season usually slows down for the holidays when it comes to real estate, we saw a change in that pattern this year.
Here is a snapshot of Frederick County’s real estate market trends for December 2019, and a projection of what we can look forward in the next year.
The Median Home Sales Price: $318,000, up 1% from last December. We’ve seen a larger increase in single-family sales as compared to townhouse sales in December, but both were up significantly.
Increased demand and a low inventory = price acceleration.
(793 homes on the market – the lowest for November in 5 years) Keep in mind that a “normal” inventory is between 1300 and 1400 homes on the market. It is very much a seller’s market. While new listings have slowed quite a bit in December, the inventory is not keeping up with the demand.
Average Days on Market (DOM) the time it takes to get a home under contract: 42 days, down 11% from last year at this time (47 days). .. less than the 5 years November average of 54 days (also the lowest in 5 years) This also is a demonstration of demand.
New Listings in December: There were 281 new listings last month, a 1% increase over December 2018. But demand has continued to be steady: There are 589 homes currently under contract total, up 16%… again, a sign of increased demand this year. When more homes are selling than are coming on the market, this is a sign of higher demand.
Number of Homes Under Contract: There were 293 new contracts (homes that went under contract) up 11% from last December. January will be a busier than usual settlement month!
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New Listings in Ijamsville in February13 homes were listed in the Ijamsville zip code (21754) in February, making a total of 42 homes currently on the market.Single-Family Homes:3307 Nicholas Ct -
New Listings in the Villages of Urbana in FebruaryEight (8) homes were listed in the Villages in February, making it a total of 31 homes still active on the market.Single-Family Homes:4000 Belvedere
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New Listings in Ijamsville in January16 homes were listed in the Ijamsville zip code (21754) in January, making a total of 28 homes currently on the market.Single-Family Homes:3200 Cedar Grove Mews-