Your Maryland Real Estate Specialists
Frederick County Real Estate Market Update
Get the Winning Edge with Grant, Weston, & Jim Bim
Frederick County prices are up, inventory is up, and buyers finally have options again.
After several years with some of the lowest inventory in the region, Frederick saw new listings climb 23% in October, while the median sold price got a nice bump to $495K. Fewer homes settled than last year, though, which means sellers need to be more strategic than ever to stand out.
Frederick County By The Numbers
Year Over Year
▲ 23%
New Listings
454 homes came to market vs. 368 last October
▼ 36%
Closed Sales
197 homes settled vs. 308 last October
$495K
Median Sold Price
Up 2.3% from $484K last October
27 Days
Median Days on Market
Compared to closer to 50 days for the market as a whole
This Month's Big Winners
Top Overall Market — Units
Frederick (21701)
ZIP code 21701 led Frederick County in October with 54 closed sales.
Top Luxury Market
Frederick (21701)
21701 also led the luxury market with 3 closed sales.
What This Means If You're Selling
Prices are still rising, with the median sold price up 2.3% to $495K, and sellers who do the right things are selling in a median of 27 days, compared to closer to 50 days for the market as a whole.
But with 23% more homes coming to market, buyers have options, so you need to be more competitive and strategic with your pricing, marketing, and promotion. Pricing your home right and having a strong marketing strategy is the difference between moving and not moving, selling and not selling.
What This Means If You're Buying
Frederick County has had some of the lowest inventory in the region over the last several years. With new listings up 23%, you finally have options again.
Be a little patient. If a home is overpriced and sitting, keep an eye on it. You may be able to get a good buy.
Ready to Make a Move in Frederick County?
Whether you're buying or selling in Frederick or anywhere else in Frederick County, we've been helping buyers and sellers make the right decisions since 1983. Let us help you be the big winner in your transaction.
Call 410-461-2800Grant Bim, Weston Bim & Jim Bim — Winning Edge Real Estate
Welcome to Winning Edge Real Estate a Family Owned and Operated Real Estate Brokerage where Winning Matters. We serve all of your real estate needs in and around the Baltimore / Washington Corridor. The Company is run by Jim Bim, Broker of Record, his son's Grant Bim and Weston Bim are Sales people within the company. Jim, Grant and Weston work to help their Sellers & Buyers accomplish their real estate goals while the Office Manager, Valerie Bim, and our Assistant, Kimberly make sure that homes go from "FOR SALE" to "SOLD" smoothly while making sure to keep you informed every step of the way. As real estate specialists we are experts in representing both home Sellers and home Buyers. We can help with general residential home / town home / condo resale, new homes, custom home construction, land sale, sub dividing acreage, as well as investment property. We are very knowledgeable of Howard County, Maryland as we have lived in the area for 40+ years. Due to our clients moving throughout the state, we also are very knowledgeable of Anne Arundel County, Carroll County, Frederick County, Baltimore County and Montgomery County. We actively work on a daily basis in areas that include: Fulton, Ellicott City, Columbia, Mount Airy, Clarksville, Woodstock, Jessup, Marriottsville, Glenelg, Glenwood, West Friendship, and everywhere in between. We also service Western Baltimore County which includes Arbutus, Halethorpe, Catonsville, Owings Mills and Reisterstown. We provide a free Maryland Real Estate search where we feature Howard County, Carroll County, Baltimore County, and Anne Arundel County real estate that will allow you to find homes, condos, townhomes, new homes, luxury homes, or even acreage, lots, or investment properties. Do you want to invest for your future, but you are not sure how to make the leap to become a real estate investor? We can help you find the right money making property, rent your property, and manage your property. If you have the desire to be a real estate investor, then we have the knowledge and know how to get you to real estate investor success. Quick Stats/Highlights: 100% of asking price (average) 63+ active listings Serving: 8 Maryland counties Hundreds of 5-star reviews




