Clinton Real Estate Market Conditions & Reports, Clinton Market Trends, Maryland

Market Commentary Provided by The Peace Team

Report Date

Fall 2009

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The Peace Team
Keller Williams Preferred Properties
Upper Marlboro, Maryland
240-882-0198
emerickpeace@topproducer.com
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Nearest Metro Area

Alexandria, MD and Washington D.C.

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

0-30 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$216,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 5%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Clinton is

Seller Activity for the past 90 days in Clinton is

Is Financing Available For Qualified Buyers in Clinton?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Entire area

Reason to Buy/Sell

Good economic news

Average Sold Price

$216,000 - View Graph Trend

National Real Estate Market

Local Summary: Unlike many other markets across the country, the supply of available housing is good. Sellers are receiving multiple offers at or very near asking price.

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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