Year over Year in Charles County there was a decrease in the number of transactions but it’s likely that is due to a decrease in inventory. Now is the time of year when inventory begins to build traditionally, couple that with the fact that banks are beginning to foreclose and release inventory again and I suspect within 60 days we will see that number move into positive territory as well. That said one thing all real estate predictions have in common is they are all wrong.
| Statistic | Values | YoY | MoM |
|---|---|---|---|
| Total Sold Dollar Volume | $28,697,224 | +4.5% | +41.82% |
| Closed Sales | 120 | -6.98% | +34.83% |
| Median Sold Price | $235,000 | +11.96% | +11.9% |
| Avg Sold Price | $239,144 | +12.34% | +5.18% |
| Avg Days on Market | 127 days | +16.51% | +13.39% |
| Avg Sold to Orig List Ratio | 91.76% | +3.55% | +0.14% |