Carroll County, Maryland Real Estate Market Report ~ Drilling Down the numbers

Carroll County, Maryland
County Wide Market Report

Real estate market reports can be drilled down in many ways.... national to local, even hyper-local. It’s important to understand what statistics you are dealing with.

Carroll County, Maryland consists of 15 zip codes. These statistics are based on county wide numbers.

New listings ~ 170 down -15.0% from Jan 2011
New Pendings ~ 110 up 20.9% from Jan 2011
Closed Sales ~ 78 up 27.9% from Jan 2011
Median Sold Price ~ $221,500 down -5.7% from Jan 2011
Active Listings ~ 852 down from Jan 2011’s 1,027 (year over year) and Dec 2011’s 877 the 5 year average is 983. Getting inventory down is a positive in real estate markets.
Average Sold to Original List Price Ratio ~ 87% an interesting factor in pricing real estate, check out the interactive chart to see this ratio drilled down even farther.

What do you think about average sold to list price ratios?

Carroll County, Maryland
County Wide Market Report

Terminology