What is the Cecil County Real Estate Market Doing?

February's market statistics were just released from my mls today. This report is released on the 10th of every month for the previous month. I will post the results here. Here they are for February and January.

Market Statistics for Cecil County, MD

From 02/01/2008-02/29/2008 From 01/01/2008 to 01/31/2008

Total Dollar Sold $13,044,800 $11,997,280

Average Sold Price $255,780 $249,943

Median Sold Price $245,000 $219,000

Total Units Sold 51 48

Average Days on Market 135 163

Average List price for Sold $281,615 $282,828

Avg Sale Price as a

percentage of Avg List Price 90.83% 88.37%

Active Listings 832 829

New Listings taken for the month 190 159

Marked Under Contract

for the month 78 69

February's market statistics while not great are better than January's. We still have too many homes on the market. It has been a busy month for me so far. I think the Spring market has arrived and will be eager to see what March's statistics bring. I have heard both local and non local agents comment on the sudden increase in activity. I just hope our market does not get inundated with foreclosures and short sales. If you have any questions please feel free to comment on this blog or email me.

Cecil County homes for sale

Harford County homes for sale