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Megan McGonigal, CRP - Cecil County, MD & Harford County, MD real estate

Harford County Real Estate Market Statistics for 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

<!--StartFragment -->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 Real Estate Market Statistics for 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 rate of absorption - March 2008

Cecil County home sales rate of absorption - 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

<!--StartFragment -->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, Maryland rate of Absorption - March 2008

Harford County home sales rate of absorption - 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

<!--StartFragment -->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 Real Estate Market Statistics March 2008

Cecil County Market Statistics, 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 2008March 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 Sold5582-32.93%
Average Days on Market20912962.02%
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