| 2008 | 2007 | % Change | |
|---|---|---|---|
| Total Sold Dollar Volume: | $ 2,394,500 | $ 3,012,500 | - 20.51 % |
| Average Sold Price: | $ 299,313 | $ 376,563 | - 20.51 % |
| Median Sold Price: | $ 285,000 | $ 399,500 | - 28.66 % |
| Total Units Sold: | 8 | 8 | 0.00 % |
| Average Days on Market: | 153 | 64 | 139.06 % |
| Average List Price for Solds: | $ 348,588 | $ 397,656 | - 12.34 % |
| Avg Sale Price as a percentage of Avg List Price: |
85.86 % | 94.70 % |
Above are the numbers comparing November 2008 and November 2007 in Laurel MD 20724. As you can see, the numbers continue to reflect the correction that most of Maryland real estate is experiencing. Total dollar volume, Average Sold Price and Average List Price are all down from last November. Median Sold Price is down an incredible 28%!
Despite the dramatic decrease in home values in Ann Arundel County Laurel MD, the number of sold homes remained flat at eight. Days On Market more than doubled from last November.
It is still a great time to buy in Laurel Md.
For more information on home sales in Laurel Md, visit Maryland real estate.
