Frederick Real Estate Market Retreats to Contracts Bottom

There were 93 homes sold in the Frederick market over the last 30 days, but 86 contracts were executed. This marks the lowest amount since last January, and could be a sign that the market is approaching a bottom. When comparing other close-by municipalities within the same period, the most came from Ballenger Creek with 25 contracts executed. The median sales price dropped to $226,955 over the latest reporting period for Frederick, down from $227,977. Despite the falling contracts numbers, there are only two months of inventory remaining, indicating that Frederick is a still definite seller's market.

Looking for a more classic home in Frederick? These are older homes currently available in the market:

$725K   $839K   $599K  

Get started right now by checking out Frederick homes for sale or reviewing Frederick real estate trends.

Demographic facts for Frederick:

  • The population has increased 21.7% over the past decade.
  • This area has a lifestyle rating of 61. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 74.8% by car, 14.3% by carpool, and 2.0% by public transit.

Data reported through 1/11/2017

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