Here is some current information about the trends in the real estate market. These charts actually reflect the single family home market activity. Look for another post one day soon for the town houses and condos.

90-day stats for Single Family properties in
GREENBELT, MD as of November 27, 2009
Median List Price $365,561 Average List Price $347,545
Total Inventory 15 Price per Square Foot $141
Average Home Size 1,704 Median Lot Size 7,784
Average # Beds 3.91 Average # Baths 3.05
Homes Absorbed 1 Newly Listed 1
Days on Market 243 Average Age 31

This table gives you a brief overview. This is just the single family homes.

Median Price for homes in GREENBELT, MD All ZIP Codes

Median Price for homes in GREENBELT, MD All ZIP Codes as of November 27, 2009 is $365,561
Inventory for homes in GREENBELT, MD All ZIP Codes

Inventory for homes in GREENBELT, MD All ZIP Codes as of November 27, 2009 is 15
Average Days on Market for homes in GREENBELT, MD All ZIP Codes

Average Days on Market for homes in GREENBELT, MD All ZIP Codes as of November 27, 2009 is 243

As you can see, the median price is still dropping pretty significantly in spite of media reports about a housing recovery. Days on Market continue to increase indicating that prices are still not attractive enough to get buyers to snap up homes. Alternately, this may be an indication of the large number of short sales and foreclosures that take a long time to go through the "offer-to-settlement" process.