Currently, there are 55 homes that are under contract in Clarksburg, MD, awaiting settlement.
They range in price from a $1.1 million ranch-style home on Burnt Mill Road sited on 28.9 acres, to a two-bedroom condo on Scholl Manor Way that was listed for $241,990.
A total of $5,870,900 worth of homes sold in zip code 20871 during July, and the median price was down 7.68 percent compared to July 2008.
The average days on the market for homes decreased 28.30 percent, meaning that houses sold more quickly this year than during the same month last year.
Of special note is the increasing number of first-time home buyers that are entering the market, encourage by low interest rates and lower home prices than last year.