More homes sold in Laurel MD this third quarter as compared to the same quarter last year.  Laurel MD zip code 20707 sold over 17% more homes this third quarter over third quarter 2007.  Eightynine homes were sold this third quarter, about 30 per month.

In Laurel MD zip code 20708, 37 homes were sold for significant increase of 54% over the third quarter of 2007.

Even neighboring Beltsville zip code 20705 is up over 29% this third quarter over last years third quarter.

These numbers are an indication that home prices are becoming more affordable for first time home buyers. It is also thought that banks are getting a better handle on how to deal with the massive amounts of foreclosures and short sales.

For more information, visit Maryland real estate.