Cecil County Real Estate Market Update for Week ending April 17, 2011

Cecil County Real Estate Statistics
Week ending 4/17/2011

Cecil County Real Estate Statistics for the week ending April 17, 2011

There were 18 properties placed under contract in Cecil County since April 10. Included in these were 5 Foreclosed Home, 4 Home in Short Sale, and no New Construction.

There have been 44 Properties listed last week.

23 Homes were removed from the market last week without being sold.

9 Properties made it through closing last week. Included in these were 4 Foreclosures, and 1 Short Sale, there were no New Construction sales. Bringing total closings to 20 this month

Interesting to note that 50% of the New Listings were either Short Sale of Foreclosure as well as over 50% of the Closings. We will see if this statistic becomes a trend.

Steve Hubbell, Realtor® - Internet Marketing Specialist - The "Bay Property Team" was formed in 2006 by Susan and Steve Hubbell to specialize in helping Buyers and Sellers invest in Waterfront and Water Access Properties in Chesapeake City, Elkton, Earleville, and Warwick in Cecil County MD. We also serve, Georgetown, Galena, and Kennedyville in Kent County MD and surrounding areas. (800)-890-0381