Mid-Atlantic
Monthly Market Statistics - Detailed Report
December-2010
Sold Summary
Dec-2010 Dec-2009 % Change
Sold Dollar Volume $2,458,270,325 $2,627,742,400 -6.89%
Avg Sold Price $334,504 $333,597 0.27%
Median Sold Price $260,000 $260,000 0.00%
Units Sold 7,444 7,881 -5.87%
Avg Days on Market 94 85 9.57%
Avg List Price for Solds $346,299 $343,632 0.77%
Avg Sold Price to List Price Ratio 91.4% 93.6% -2.47%
Ratio of Avg Sold Price to Avg List Price 90.6% 92.9% -2.52%
Attached Avg Sold Price $268,316 $263,424 1.82%
Detached Avg Sold Price $380,013 $384,376 -1.15%
Attached Units Sold 3,034 3,308 -9.03%
Detached Units Sold 4,409 4,573 -3.72%
Inventory
Dec-2010 Dec-2009 % Change
Active Listings 55,586 50,994 8.26%
New Listings 9,646 9,779 -1.38%
New Under Contracts 2,708 2,242 17.21%
New Contingents 3,913 2,958 24.41%
New Pendings 6,621 5,244 20.80%
Released Contracts 0 0 0%
Total Pendings 16,145 16,901 -4.68%
Financing (Sold)
Assumption 2
Cash 1,431
Conventional 2,783
FHA 2,172
Other 257
Owner 21
VA 683
Days on Market (Sold)
0 282
1 to 10 807
11 to 20 812
21 to 30 588
31 to 60 1,351
61 to 90 970
91 to 120 717
121 to 180 882
181 to 360 711
361 to 720 229
721+ 50
Active Detail
Sold Detail
Residential Condo/Coop Active Listings
2 or Less BR 3 BR 4 or More BR All Residential Condo/Coop
Price Ranges Detached Attached/TH Detached Attached/TH Detached Attached/TH All Detached Attached/TH All
< $50,000 38 31 30 93 13 15 27 494 1,331 249
$50K to $99,999 73 48 142 121 57 12 100 1,817 1,646 613
$100K to $149,999 47 58 276 195 76 16 155 3,108 2,241 1,002
$150K to $199,999 32 46 290 212 199 38 139 4,491 2,219 1,287
$200K to $299,999 45 65 391 341 500 75 256 7,823 2,854 1,783
$300K to $399,999 19 26 192 225 457 60 162 5,477 1,464 887
$400K to $499,999 10 14 98 99 409 36 60 3,656 639 421
$500K to $599,999 4 18 52 49 261 19 46 2,368 301 243
$600K to $799,999 8 7 52 41 292 25 31 2,605 256 220
$800K to $999,999 2 3 12 15 143 11 7 1,249 137 96
$1M to $2,499,999 1 0 13 10 159 11 12 1,810 134 132
$2.5M to $4,999,999 0 0 2 0 13 2 2 383 15 17
$5,000,000+ 0 0 0 0 1 0 0 98 8 0
Total 279 316 1,550 1,401 2,580 320 997 35,379 11,225 6,950
Avg Sold Price $180,728 $212,232 $254,166 $255,187 $476,561 $379,858 $268,602
Prev Year - Avg Sold Price $193,141 $211,579 $266,768 $241,916 $471,404 $340,753 $280,487
Avg Sold % Change -6.87% 0.31% -4.96% 5.20% 1.08% 10.29% -4.42%
Prev Year - # of Solds 311 330 1,524 1,490 2,738 394 1,094
Source: RealEstate Business Intelligence, LLC. An MRIS company. Statistics generated on 01/19/2011.
Copyright 2010 - All Rights Reserved. Information deemed reliable, but is not guaranteed.