Washington, DC & Baltimore Metro Areas Market Report June 2009
Source: Metropolitan Regional Information Systems, Inc.

MRIS reports median single-family home price up 3.8% in June over May 2009, sales continue to climb to 5,896.

June 2009 Quick Facts:

  • The median price of existing single-family homes increased to $320,000 up 3.8% vs May 2009
  • Existing single-family home sales increased 18.3% from May 2009 for a June total of 5,896
  • Condos increased in price to $232,000 up 5.5% vs May 2009
  • Existing condo sales increased 17.3% in June over May 2009 for a total of 4,341
View Current Press Release Powered by Clarus MarketMetrics®

 

Single Family Median Home Price
June 08 vs. June 09
Clarus MarketMetrics®
07/23/2009

Click to enlarge image

 

The Number of Sold Properties by Month
June 08 vs. June 09
Clarus MarketMetrics®
07/23/2009

Click to enlarge image

June 2009 MRIS® Regional Sales and Price Activity

 

Median Price

Percent Change in Price from Prior Month

Percent Change in Price from Prior Year

Total # Units

Percent Change in Sales from Prior Month

Percent Change in Sales from Prior Year

MRIS MLS

Jun-09

May-09

Jun-08

Jun-09

May-09

Jun-08

MLS Wide

 

 

 

 

 

 

Single Family

$320,000

3.8%

-11.1%

5,896

18.3%

11.1%

MRIS (Condo)

$232,000

5.5%

-9.0%

4,341

17.3%

2.4%

 

 

 

 

 

 

 

Region Cities

 

 

 

 

 

 

Single Family Only

 

 

 

 

 

 

Alexandria

$495,000

13.8%

-5.5%

169

13.4%

20.7%

Annandale

$453,750

13.4%

-9.3%

48

-11.1%

71.4%

Annapolis

$450,000

15.4%

-17.4%

51

-1.9%

2.0%

Arlington

$628,000

-3.8%

-5.6%

107

21.6%

42.7%

Ashburn

$505,000

-3.4%

-6.5%

48

20.0%

-23.8%

Baltimore

$214,700

6.3%

-4.6%

117

23.2%

-17.0%

Bel Air

$362,500

-9.4%

-9.4%

56

80.7%

36.6%

Bethesda

$784,500

4.7%

2.1%

88

31.3%

0.0%

Bowie

$306,037

2.0%

-12.5%

50

-5.7%

-2.0%

Bristow

$364,923

12.3%

-10.0%

18

-35.7%

-65.4%

Centreville

$445,500

4.8%

-11.8%

36

-12.2%

24.1%

Columbia

$410,000

-0.6%

-1.2%

48

26.3%

-9.4%

Culpeper

$210,000

9.1%

-10.6%

34

41.7%

-12.8%

Ellicott City

$495,000

10.0%

-17.5%

47

62.1%

-4.1%

Fairfax

$492,500

3.1%

-10.1%

118

49.4%

13.5%

Falls Church

$469,500

10.5%

-4.6%

98

60.7%

48.5%

Frederick

$293,500

-3.1%

-16.1%

70

14.8%

32.1%

Fredericksburg

$217,000

3.3%

-24.4%

191

15.8%

27.3%

Gainesville

$352,500

-5.4%

-9.0%

28

40.0%

-30.0%

Gaithersburg

$406,500

7.7%

-14.4%

58

26.1%

65.7%

Glen Burnie

$225,000

-1.1%

-14.3%

47

-2.1%

6.8%

Hagerstown

$184,000

22.7%

-10.7%

56

33.3%

14.3%

Herndon

$411,000

-7.1%

-5.5%

55

5.8%

-25.7%

Hyattsville

$168,750

-0.7%

-39.9%

50

2.0%

78.6%

Laurel

$322,500

11.2%

-7.1%

40

-2.4%

8.1%

Leesburg

$490,000

-3.6%

-10.8%

66

3.1%

10.0%

Manassas

$240,000

0.6%

-12.1%

121

4.3%

-19.3%

Manassas Park

$169,000

20.7%

14.6%

26

13.0%

8.3%

Martinsburg

$154,500

-8.0%

-16.2%

58

41.5%

41.5%

Pasadena

$304,000

11.4%

-5.0%

35

20.7%

-5.4%

Rockville

$349,950

2.0%

-24.7%

86

28.4%

38.7%

Silver Spring

$360,000

-3.9%

-12.2%

171

17.1%

24.8%

Springfield

$403,250

9.0%

-1.9%

86

-18.1%

-15.7%

Stafford

$270,000

-5.3%

-12.3%

97

19.8%

19.8%

Sterling

$270,000

12.5%

-6.9%

79

51.9%

-2.5%

Upper Marlboro

$296,500

14.0%

-12.8%

40

2.6%

53.9%

Vienna

$610,000

6.1%

-14.1%

60

33.3%

-14.3%

Waldorf

$260,000

-7.1%

-13.3%

53

12.8%

12.8%

Washington

$740,000

3.5%

-5.7%

108

24.1%

18.7%

Winchester

$185,000

15.3%

-21.8%

53

6.0%

10.4%

Woodbridge

$187,129

4.0%

-18.6%

185

-15.9%

-18.1%

Single Family = Res Dwelling w/Rental, Res Detached, Resale
Condo = Res Other, Res Townhouse, Res Semi-Detached, Res Multi Family, Res Mid-Rise 5-8 Floors, Res Hi-Rise 9+ Floors, Res  Garden 1-4 Floors, Res Duplex, Res Attach/Row Hse, Resale
Reports generated from Clarus MarketMetrics®

Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from Clarus MarketMetrics®. Clarus MarketMetrics® is available on a monthly or annual subscription basis to MRIS members. To register for an account, visit www.clarusresource.com/mm.

MRIS® is an acronym for Metropolitan Regional Information Systems, Inc. MRIS is the largest MLS in the nation and is the leading online real estate information service for about 55,000 real estate professionals in the Mid-Atlantic region, including the vast majority of Maryland, Northern Virginia and Washington, DC as well as parts of Pennsylvania and West Virginia. Just last year, 2007, MRIS facilitated the sale of more than 120,000 properties, translating to more than $131 million in daily sales volume. Visit our web site at www.mris.com.

 

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