What is the Cecil County Market Doing? May 2008

Here are the latest Cecil County market statistics. This report is for Cecil County real estate sales in May, 2008. I will post the market statistics here every month.

Cecil County Market Statistics

 

  May 2008 May 2007 % Change
Total Dollar Sold
$16,387,190
$25,961,575
-36.88 %
Average Sold Price
$268,642
$279,157
-3.77 %
Median Sold Price
$240,000
$250,000
-4.00%
Total Units Sold
61
93
-34.41 %
Average Days on Market    
130
125
4.00%
Average List price for Sold
$292,855
$296,268
- 1.15
Avg Sale Price as a %
of Avg List Price
91.73%
94.22%
 
Active Listings
1027
   
New Listings taken for
the month
189
   
Marked Under Contract
for the month
64
   

 

May’s market statistics do seem to be improving a little, but there are still too many Ceil County homes on the market. It will take awhile to sell all of the current homes on the market.

If you have any questions please feel free to comment on this blog or email me. I can also break the Ceil County market statistics report down by zip code/city if you like.

View April’s market statistics for Cecil County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

What is the Harford County Market Doing? May 2008

May’s Harford County market statistics were recently released from my mls. This report is for all Harford County home sales, active  listings, and contracts for the month of May. I will post this report every month.

Harford County Market Statistics

 

  May 2008 May 2007 % Change
Total Dollar Sold
$64,110,123
$95,736,970
- 33.04 %
Average Sold Price
$296,806
$295,484
0.45 %

Median Sold Price

$258,450
$269,945
- 4.26%

Total Units Sold

216
324
- 33.33 %

Average Days on Market

137
100
37.00 %

Average List price for Sold

$318,476      
$307,207     
 3.67 %        

Avg Sale Price as a %
 of Avg List Price

93.20 %
96.18 %

 

Active Listings                      

2202        

    

         

New Listings taken for
 the month

616

 

 

Marked Under Contract
for the month

231
   

There are too many Harford County homes on the market at the present time. It is going to take awhile to sell all of the current inventory. 

If you have any questions please feel free to comment on this blog or email me. I can also break the Harford County market statistics report down by zip code/city if you like.

View April’s market statistics for Harford County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

What is the Harford County Real Estate Market Doing? April 2008

Here are the latest Harford County market statistics. This report is for Harford County real estate sales in April, 2008. I will post the market statistics for May as soon as they are made available.

Harford County Market Statistics

April 2008 April 2007 % Change
Total Dollar Sold $ 55,368,701 $ 80,307,142 - 31.05 %
Average Sold Price $ 282,493 $ 292,026 - 3.26 %
Median Sold Price $ 247,450 $ 262,500 - 5.73 %
Total Units Sold 196 275 - 28.73 %
Average Days on Market
125 104 20.19 %
Average List price for

Sold

$303,982.00
$304,446.00 - 0.15 %
Avg Sale Price as a % of

Avg List Price

92.93 % 95.92 %
Active Listings 2086
New Listings taken for

the month

543
Marked Under Contract

for the month

262

As in previous months there are still too many Harford County homes on the market. It is going to take awhile for all of the current homes on the market to sell. If you are currently thinking of buying a home in Harford County there are a lot of good deals to be found right now.

If you have any questions please feel free to comment on this blog or email me. I can also break the Harford County market statistics report down by zip code/city if you like.

View March’s market statistics for Harford County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

What is the Cecil County Real Estate market doing? April, 2008

Here are the latest Cecil County market statistics. This report is for Cecil County real estate sales in April, 2008. I will post the market statistics for May as soon as they are made available.

Cecil County Market Statistics

April 2008 April 2007 % Change
Total Dollar Sold $19,483,267 $23,272,312 -22.91%
Average Sold Price $278,332 $260,539 6.83%
Median Sold Price $240,000 $250,000 -4.00%
Total Units Sold 70 97 -27.84%
Average Days on Market 171 117 46.15%
Average List price for Sold $303,756 $274,595 10.62%
Avg Sale Price as a %
of Avg List Price
91.63% 94.88%
Active Listings 978
New Listings taken for
the month
220
Marked Under Contract
for the month
80

April’s market statistics are better than March’s, but there are still too many Ceil County homes on the market. It will take awhile to sell all of the current homes on the market. The Spring market has arrived and things did not improve as well as I thought they would. I think the negative press on the economy and real estate market are not helping. There are a lot of good homes at decent prices on the market in Cecil County right now.

If you have any questions please feel free to comment on this blog or email me. I can also break the Ceil County market statistics report down by zip code/city if you like.

View March’s market statistics for Cecil County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

Cecil County Absorption rate for March 2008

Absorption rate for Cecil County home sales - March 2008

The absorption rate for Cecil County, Maryland homes was 18.11 months for March 2008. February’s rate of absorption was 17.84 months.

What is an absorption rate?

View March’s market statistics for Cecil County

View February’s market statistics for Cecil County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

Harford County Absorption rate for March 2008

Absorption rate for Harford County home sales - March 2008

The absorption rate for Harford County, Maryland homes was 10.91 months for March 2008. February’s rate of absorption was 13.28 months.

What is an absorption rate?

View March’s market statistics for Harford County

View February’s market statistics for Harford County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

What is the Cecil County Real Estate Market Doing? March 2008

Here are the latest Ceicl County market statistics. This report is released on the 10th of every month for the previous month. I will post the results here as soon as I can. Here are the 

Cecil County Market Statistics

 

  March 2008 March 2007 % Change
Total Dollar Sold $15,582,995  $23,282,357 -33.07%
Average Sold Price $283,327 $283,931 -0.21%
Median Sold Price $231,795 $275,000 -15.71%
Total Units Sold 55 82 -32.93%
Average Days on Market 209 129 62.02%
Average List price for Sold $321,611 $309,264        3.99%        
Avg Sale Price as a %
 of Avg List Price
88.10% 91.81%  
Active Listings                       912                                
New Listings taken for
 the month
215    
Marked Under Contract
for the month
84    

There are still too many Ceil County homes on the market. I thnk it will take awhile to sell all of the current inventory. The Spring market has arrived and things should improve.

If you have any questions please feel free to comment on this blog or email me. I can also break the Ceil County market statistics report down by zip code/city if you like.

View February’s market statistics for Cecil County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

What is the Harford County Real Estate market doing? March 2008

March’s Harford County market statistics were recently released from my mls. This report is released on the 10th of every month for the previous month. I will post the results here as soon as I can. Here are the Harford County market statistics for March, 2008.

Harford County Market Statistics

 

  March 2008 March 2007 % Change
Total Dollar Sold $59,281,279  $79,740,299 -25.66%
Average Sold Price $287,773 $296,432 -2.92%
Median Sold Price $255,500 $260,000 -1.73%
Total Units Sold 206 269 -23.42%
Average Days on Market 127 92 38.04%
Average List price for Sold $311,264 $308,442        0.91%        
Avg Sale Price as a %
 of Avg List Price
92.30% 92.69%  
Active Listings                       1937                1898                
New Listings taken for
 the month
487    
Marked Under Contract
for the month
233    

There are still too many Harford County homes on the market, but it will take awhile to sell all of the current inventory. I think the Spring market has arrived and things will improve.

If you have any questions please feel free to comment on this blog or email me. I can also break the Harford County market statistics report down by zip code/city if you like.

View February’s market statistics for Harford County

Transferring to APG for BRAC?
Military Relocation Guide to Aberdeen Proving Ground - BRAC

Relocating to Cecil County, Maryland?
Cecil County Relocation Guide

Relocating to Harford County, Maryland?
Harford County Relocation Guide

Buying a new Cecil County or Harford County home?
Search all of the available listings in Cecil County, MD and Harford County, MD

Selling a home?
How to sell your Cecil County home or Harford County home in a buyers market
Top remodeling projects for your Cecil County, MD or Harford County, MD home

I can help you with all of your real estate needs. Call Megan McGonigal at 443-309-1659 or email me.

Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC

Harford County Absorption rate - February 2008

What is an Absorption rate?

The absorption rate is a figure that tells you how long it will take to sell your home in current market conditions.

Definition of Absorption Rate
The rate at which properties are able to be leased or sold in a given area.

Read more »

Cecil County homes market report - Absorption Rate

 What is an Absorption rate and why should you care?

The absorption rate is a figure that tells you how long it will take to sell your home in current market conditions.

Definition of Absorption Rate
The rate at which properties are able to be leased or sold in a given area.

Read more »