Ijamsville 21754 Real Estate Trend Indicator
If you are planning to purchase or sell a home in ZIP CODE 21754, you will want to know the trends of the market. The following report is for the past month and the statistics are compared with the same month last year. There were 23 active listings of homes for sale in the zip code during the month. There were 6 new listings and 0 went to pending new contracts. Foreclosures and short sales listings still influence the area market. Buyers are finding it more difficult to qualify for mortgage financing and the trend is to the use of FHA financing which has a minimum cash requirement of 3.5% of the purchase price. FHA Streamlined 203(k) financing allows borrowers to include up to $35,000 of home improvements in the mortgage amount. FHA loan limits for Frederick County: $729,750. Limit for FHA reverse mortgages: $625,000. All prospective buyers are advised to obtain pre-approval for mortgage financing before submitting an offer.
The Home Buyer Tax Credit now includes current home owners as well as first time buyers. http://www.federalhousingtaxcredit.com/glance.php
There are 19 homes for sale in Zip Code 21754. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-97164063-446
Metropolitan Regional Information Systems, Inc. ZIP Code Statistics - <$100K to >$5M Format
ZIP Code: 21754 Ijamsville, MD
From: 11/01/2009 to 11/30/2009 Statistics generated on: 12/08/2009
| Residential Unit Sales Number of Bedrooms |
Active Listings | Time on Market | ||||||||
| Price Class | 2 Or Less |
3 |
4 or More |
Condo Coop |
Ground Rent |
Residential | Condo Coop |
Ground Rent |
of Units Sold (No. of Units) |
|
| Under $100,000 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 -30 Days | 3 |
| $100,000 - 149,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 31-60 Days | 0 |
| $150,000 - 199,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 61 - 90 Days | 1 |
| $200,000 - 249,999 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 91-120 Days | 0 |
| $250,000 - 299,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | Over 120 Days | 3 |
| $300,000 - 349,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | Total | 7 |
| $350,000 - 399,999 | 0 | 1 | 0 | 0 | 0 | 2 | 0 | 0 | ||
| $400,000 - 449,999 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | Type of Financing of Units Sold (No. of Units) |
|
| $450,000 - 499,999 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | ||
| $500,000 - 599,999 | 0 | 0 | 4 | 0 | 0 | 5 | 0 | 0 | Conventional | 4 |
| $600,000 - 699,999 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | FHA | 2 |
| $700,000 - 799,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | VA | 0 |
| $800,000 - 899,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Assumption | 0 |
| $900,000 - 999,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | Cash | 1 |
| $1,000,000 - 2,499,999 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | Owner Finance | 0 |
| $2,500,000 - 4,999,999 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | All Other | 0 |
| $5,000,000 & Over | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Unreported | 0 |
| Totals | 0 | 1 | 6 | 0 | 0 | 23 | 0 | 0 | Total | 7 |
| Grand Totals | 7 | 23 |
|
|
Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.
Please contact us with your questions on the residential real estate market. Your referrals of friends and family members will always be appreciated.
We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC.
Roy Kelley
Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group
Client Assistance: 301-670-8996
Recipient of the RE/MAX International Lifetime Achievement Award - 2008
