Charles County's June 2009 Real Estate Outlook

June 22, 2009 by Jonbenya · Leave a Comment 

There’s good news in the Southern Maryland real estate market!  While we’re not out of the downturn just yet, recent changes in the market are positively affecting home sales!  Here’s what the Charles County real estate market looks like:
May 2009

2009

2008

Total Sold Dollar Volume:

$ 33,466,939

$ 33,607,138

- 0.42 %

Average Sold Price:

$ 281,235

$ 317,048

- 11.30 %

Median Sold Price:

$ [...]

Is Good News Afoot? Charles County Maryland Real Estate Market Report, July 2008

July 24, 2008 by Jonbenya · 1 Comment 

    Could it be?  Is the real estate market in Charles County Maryland actually looking up?  It’s to early to tell right now, and the pressure caused by recent interest rate increases has pushed loan applications down 6% over the last week, and pending sales are down right now as well.
    I know [...]

Charles County MD Home Sales Report, April 2008

April 21, 2008 by Jonbenya · Leave a Comment 

Team Benya’s Monthly Market Report-  Charles County, Maryland
What’s Happened:

    For the first time in 7 months, home sales in Charles County, MD have actually seen some growth!  Earlier this year we were looking at home sales in the range of 50-60 units per month, and now that number is closer to 100!
    [...]

Charles County Maryland Real Estate Market Report, March 2008

March 20, 2008 by Jonbenya · Leave a Comment 

     It’s slow, but I’m happy to say that we are seeing movement in the real estate market here again!  Typically mid-March to the end of June is the busiest time of year for real estate sales, so it’s great to see the shift towards an increase in sales.
     We’ve seen an increase [...]

Calvert County Maryland Real Estate Market Report, December 2007

January 14, 2008 by Jonbenya · Leave a Comment 

    Here’s the latest on the current Calvert County real estate
market! Sluggish sales trends are continuing to force prices down while
making it increasingly difficult to get a home sold due to the market
pressure.
What’s Good:
    The number of active, available homes on the market has fallen again.  As fewer and fewer homes are listed
for [...]

Charles County Maryland Real Estate Market Report, December 2007

January 14, 2008 by Jonbenya · Leave a Comment 

    Here’s the latest on the current Charles County real estate market! Sluggish sales trends are continuing to force prices down while making it increasingly difficult to get a home sold due to the market pressure.
What’s Good:
    The number of active, available homes on the market has fallen for the third consecutive month.  [...]

Prince George's County Real Estate Market Update

January 2, 2008 by Jonbenya · Leave a Comment 

    What a year 2007 has been!  The real estate market has changed dramatically, and 2008 is shaping up to be a year of continued adjustment!
Looking Back

    Currently, Prince George’s County Sales Statistics show that homes sales are down a little over 55% from where it was a year ago (934 homes sold [...]

Charles County Foreclosure Statistics

December 11, 2007 by Jonbenya · Leave a Comment 

    Foreclosures are rapidly changing our local real estate market here in Charles County.  The more foreclosures we see, the more home values are impacted, and the red hot foreclosure market is showing no signs of slowing down.
County Update
    In 2006, we saw a total of 19 foreclosures sold through Realtors.  In 2007, [...]

Charles County Maryland Sales Statistics, November 2007

December 10, 2007 by Jonbenya · Leave a Comment 

    Charles County has been impacted heavily during the recent market downturn (although not as badly as PG County).  Sales are down roughly 33% from this time last year, average days on market is up over 85% to 132, and average sales prices have fallen as well.

    Prices are down roughly 3% from [...]

St. Mary's County Maryland Sales Statistics, November 2007

December 10, 2007 by Jonbenya · Leave a Comment 

    St. Mary’s County, Maryland has a few interesting points to make note of when looking at the overall market health.  First, the average and median sales price of a home here has gone up.  While this is a very good sign, it is not the only indication that the local market is performing [...]

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