Laurel Maryland 20723 Home Sales

2009 2008 % Change
Total Sold Dollar Volume: $ 5,916,800 $ 9,852,700 – 39.95 %
Average Sold Price: $ 328,711 $ 351,882 – 6.58 %
Median Sold Price: $ 269,000 $ 315,500 – 14.74 %
Total Units Sold: 18 28 – 35.71 %
Average Days on Market: 48 100 – 52.00 %
Average List Price for Solds: $ 341,689 $ 380,254 – 10.14 %
Avg Sale Price as a
percentage of Avg List Price:
96.20 % 92.54 %

The number above reflect home sales in Laurel Maryland zip code 20723 for this September 2009 as compared to September 2008.

Despite price drops, the number of homes sold in Howard County Laurel Maryland dropped significantly when compared to the same time period last year.

Total Sold Dollar Volumewas down almost 40%.    The total number of homes sold this September 2009, 18, reflects  a  thirtyfive percent decrease from 28 homes sold last September.

These declines took place despite a drop of both the Average Sold Price and the Medium Sold Price.   The Medim Sold Price dropped almost 15% to $269,000.

An odd statistic from above is the Average Days On Market. The time to sell a home was cut in half, from 100 days to 52 days.  Less homes sold, twice as fast.