Harford County Market Statistics, 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
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Cecil County Relocation Guide
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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
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.
There are several ways to determine the absorption rate. For example you can break it down by how many weeks or months will it take to sell your home in the current market. I’ll go with month for this example. I am using information provided through the Harford County mls for the month of February. During that time period there were 1937 homes on the market in Harford County, MD + 255 properties under contract. You add those two figures together and get 2192. There were 165 Harford County home sales that month. Now take 2192 and divide it by 165. This is the rate of absorption in months. That means that for Harford County, MD the rate of absorption is 13.28 months. That means that in the current market conditions it will a little over 13 months to sell all of the current inventory.
If you are thinking about selling your Harford County home this is something that you may want to follow. I will post the current absorption rate every month as soon as my mls comes out with the previous month’s market statistics. That way you can get an idea of what the market is doing. In a normal market the rate of absorption is around 6 months. I can also break this down by price range, zip code, etc… If you would like a more detailed figure feel free to contact me.
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, MD encompasses the North East section of Maryland at the head of the Chesapeake Bay where five rivers meet. It borders the Susquehanna river and Harford County, MD to the West, Chester and Lancaster County in Pennsylvania to the North, New Castle, Delaware to the East, and Kent County, MD to the South. It is located in the mid Atlantic region halfway between Baltimore and Philadelphia along the I-95 and Rt. 40 corridor.
Cecil County is a rural community that offers it’s residents and visitors scenic views of the countryside, farm land, horse farms, picturesque landscapes, breath taking water views, recreational activities on or along it’s many rivers and the Chesapeake Bay, fishing, hunting, preserved open spaces for hikers, bikers and equestrians, antique shopping, Inns and quaint restaurant. Cecil County is a nature lovers paradise! It’s convenient location makes it easy to do many day trips such as skiing in the Poconos, Atving in Pennsylvania, going to a variety of beach’s, seeing the museums in Washington D.C, exploring Baltimore’s Inner Harbor and shopping on South Street in Philadelphia.
Cecil County has eight municipalities. They are Elkton, Cecilton, Charlestown, Chesapeake City, North East, Perryville, Port Deposit and Rising Sun. They are all considered towns under Maryland Law.
Elkton, Maryland is the County Seat and is the biggest and most populated town in Cecil County. It is located in the eastern part of the County on the northern part of the Chesapeake Bay and was once referred to as “The Head of the Elk”. In the town of Elkton you will find a mix of historic structures, municipal buildings, a hospital, stores, parks, and businesses. Due to it’s convenient location between the transportation corridors of I-95, Rt. 40 and the MARC train, it is an ideal location for industrial growth. Once you get out of town limits you will find horse farms, open spaces, Fair Hill Natural Resource Center, Elk Neck State Forest, marinas and rolling hills.
Perryville, Port Deposit, Conowingo, Colora
Western Cecil County boarders Harford County. The Susquehanna River divides these two County’s and features the Conowingo Dam. The western portion of Cecil County is quite different in topography from the eastern half of the county which is the base of the Eastern Shore of Maryland, Delaware and Virginia. Port Deposit sits between granite cliffs and the shores of the Susquehanna River. The attractions here include incredible scenery, boat slips, boat ramps, attractive waterfront condominium communities, historic Main Street, restaurants, fishing, Rodger’s Tavern, the Perryville Train Station, Outlet shopping, and a waterfront park.
Rising Sun, Calvert, Fair Hill, Childs, Elk Mills
The Northern part of Cecil County is bordered by Pennsylvania. Most of the terrain is hilly and rural. There are horse farms, historic stone dwellings, Fair Hill Natural Resource Center which has hiking, equestrian and biking trails and is home to Fair Hill international. The highest elevation for the County is 534 and can be found just below the Mason Dixon line near Nottingham, PA and east of Rt. 1.
Charlestown, North East, Elkton, Chesapeake City
The Central part of Cecil County boarders the Chesapeake Bay. It has the lowest elevation of the County and is at sea level along the rivers and bay. A few miles south of Elkton and North East is Elk Neck State Park and the Turkey Point light house which is surrounded by water on three sides and offers amazing views of the Chesapeake Bay. This area is popular with the tourists who come for the waterfront restaurants, antique and specialty shopping, art galleries, history, towns along the rivers, marinas, quaint colonial structures, a popular wharf, the oldest graveyards in the state and the Chesapeake Bay bridge which is 135 feet above the C&D Canal and connects the north and south sides of Chesapeake City.
Cecilton, Earleville, Hacks Point, Town Point, Warwick
The southern part of Cecil County borders Kent County. It is the most rural and flat area in the County. Here you can find the Bohemia River and the Sassafras River. This area is home to several historic manor homes, estates, Mount Harmon Plantation, waterfront communities, marinas, farms, large parcels of land and a few businesses.
Transferring to APG for BRAC? Military Relocation Guide to Aberdeen Proving Ground - BRAC
Relocating to Harford County, Maryland?
Harford County Relocation Guide
Relocating to Cecil County, Maryland?
Cecil County Relocation Guide
Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC
BAH Rates
Here are the Aberdeen Proving Ground BAH (basic allowance for housing) rates. If you live off post you can use this towards your costs that are associated with your housing. BAH can be used for either buying a home or renting one. These rates are as of Jan 1, 2008.
| Rank | BAH w/o Dependent | BAH w/ Dependent |
| E-1 | $935 | $1161 |
| E-2 | $935 | $1161 |
| E-3 | $935 | $1161 |
| E-4 | $935 | $1161 |
| E-5 | $1030 | $1244 |
| E-6 | $1338 | $1784 |
| E-7 | $1349 | $1799 |
| E-8 | $1362 | $1816 |
| E-9 | $1518 | $1914 |
| W-1 | $1339 | $1784 |
| W-2 | $1355 | $1806 |
| W-3 | $1534 | $1828 |
| W-4 | $1788 | $1948 |
| W-5 | $1803 | $2088 |
| O-1E | $1352 | $1802 |
| O-2E | $1480 | $1823 |
| O-3E | $1784 | $1969 |
| O-1 | $1077 | $1305 |
| O-2 | $1350 | $1772 |
| O-3 | $1590 | $1825 |
| O-4 | $1801 | $2148 |
| O-5 | $1811 | $2376 |
| O-6 | $1826 | $2396 |
| O-7 | $1863 | $2424 |
Transferring to APG for BRAC? Military Relocation Guide to Aberdeen Proving Ground - BRAC
Relocating to Harford County, Maryland?
Harford County Relocation Guide
Relocating to Cecil County, Maryland?
Cecil County Relocation Guide
Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC
Relocation guide for Aberdeen Proving Ground - BRAC
Aberdeen Proving Ground is the Army's oldest active proving ground. It was established on October 20, 1917. During World War I the Army realised that they needed a placefor testing munitions and equipment that was not located close to a heavily populated area. APG officially opened on December 14, 1917, and the first gun was fired on January 2, 1918 during a heavy snowstorm. The War came to an end on November 11, 1918, just as they got up and running with there testing missions. Today it is called "The Home of Army Ordnance" and is a key element in the nation's defense. APG is considered to be one of the Army's finest test, evaluation, research, development, engineering, and training installations in the world.
Photos Cou
rtesy of U.S Army
Aberdeen Proving Ground embodies more than 72,500 acres in Aberdeen, MD which is in the Northern part of Harford County, MD. It's northernmost point is marked by the confluence of the Susquehanna River and the Chesapeake Bay. On the south it is bordered by the Gunpowder River. The area to the south is known as the Edgewood Area (EA) and the area to the north is called the Aberdeen Area (AA). These two areas are seperated by the Bush River. The city of Aberdeen is positioned on both I-95 and Rt. 40 and located between New York, Philadelphia, Wilmington, Baltimore and Washington D.C. Directions
Aberdeen Proving Ground
2201 Aberdeen Boulevard
Aberdeen Proving Ground, MD 21005
Distances from APG | |
Washington DC | 73 miles, 1 hour 31 minutes |
Baltimore, MD | 38 miles, 45 minutes |
Wilmington, DE | 44 miles, 50 minutes |
Philadelphia, PA | 73 miles, 1 hour 24 minutes |
New York, NY | 167 miles, 3 hours 11 minutes |
More than 7,500 civilians work at Aberdeen Proving Ground, and more than 5,000 military personnel are assigned there. In addition, there are nearly 3,000 contractors and private business employees working on the proving ground. There are 2,148 military family members living on the post and another 155 off post. The post supports more than 16,000 military retirees and retiree family members. The post is Harford County's largest employer and one of the largest employers in the state of Maryland.
Major Units Assigned:
1st Area Medical Laboratory
9th Area Medical Laboratory
20th Support Command
22nd Chemical Battalion
5th - 80th Ordnance Battalion (Army Reserve)
203rd Military Intelligence Battalion
389th Army Band (AMC's Own)
Aberdeen Test Center
Army Audit Agency
Army Counterintelligence, 902MI
Army Environmental Command
Army Evaluation Center
Army Materiel Systems Analysis Activity
Army National Ground Intelligence Center
Army Research Laboratory
The Survivability Lethality Analysis Directorate
Army Research, Development and Engineering Command
Army Research, Development and Engineering Command Acquisition Center
Chemical Materials Agency
Corps of Engineers APG
Defense Security Service
Development Test Command
Edgewood Chemical Biological Center
Joint Program Executive Office for Chemical Biological Defense
Joint Personal Effects Depot
Kirk Health Clinic
Medical Research Institute of Chemical Defense
16th Ordnance Battalion
61st Ordnance Battalion, Ordnance Mechanical Maintenance School
143rd Ordnance Battalion
U. S. Marine Corps Detachment 2100
U.S.Air Force 361st SQ
Once BRAC (Base Closure and Realignment) is complete in 2011, it is estimated that there will be 10,000 personnel transfered to APG and 40,000 jobs created due to this base realignment.
Cecil Coutny, MD BRAC action plan
Harford County, MD BRAC action plan
Harford County's BRAC implementation from the town hall meeting in Aberdeen 3/10/08
BRAC Chairman's report 08/22/06
APG's Mission is to provide the highest quality installation management, operation and support services in a timely manner through the full involvement and commitment of our people. APG's website.
Housing
Off Post Housing
There are alot of great places to live in the surrounding areas of APG. In both Harford County, MD and Cecil County, MD you will find urban communities, rural communities, quaint towns, waterfront communities, golf course communities, senior communities, condos, townhouses, apartments, mobile homes, scenic landscapes, rolling hillsides, tree lined drives, the Chesapeake Bay with it's miles of shoreline, acres of state parks, an array of entertainment options and sports facilities. You will also be in close proximity to metropolitan areas. There is wide choice of housing opportunities with in comfortable commuting distances to Aberdeen Proving Ground.
Relocation Guide to Harford County, MD
Relocation Guide to Cecil County, MD
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Harford County Relocation Guide
Cecil County Real Estate, Harford County Real Estate, Cecil County homes for sale, Harford County homes for sale, Cecil County Realtor, APG relocation, BRAC
Megan McGonigalRealtorRE/MAX Integrity2825 North East Rd.North East, MD, 21901Cell: 443-309-1659Office: 410-658-3100Fax: 410-658-3163Email: meganm@mris.com
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I am a Cecil County Realtor who specializes in Cecil County home sales and Harford County home sales including waterfront, water view, water access, condos, relocation's, existing homes and new homes.
Welcome to my blog! My name is Megan McGonial and I am a Realtor who specializes in Cecil County home sales and Harford County home sales in Maryland.
When I am not doing real estate, I enjoy skiing, atving, jet skiing, camping, canoeing, spending time with family and friends and going for hikes with my dogs. I love Cecil County and the surrounding areas. We have the Chesapeake Bay in our backyard and are only a few hours drive to many ski resorts and the beach. We are a rural community located in between Baltimore and Philly. It is the perfect place for all of my outdoor activities.
Professional Affiliations/Awards/Honors: RE/MAX's 100 percent club award Past top agent for my office A Cecil County and Harford County, Dupont preffered relocation specialist Multi Million dollar producer Member of the National Association of Realtors Member of the Cecil County Board of Realtors 
I specialize in Cecil County home sales and Harford County home sales including waterfront, water view, water access, condos, relocation's, existing homes and new homes. Some of areas I cover in Cecil County, MD are North East, Elkton, Chesapeake City, Rising Sun, Perryville, Port Deposit, Colora, Conowingo and Earleville. In Harford County, MD these cities are Havre De Grace, Darlington, Aberdeen, Belcamp, Churchville, Abingdon and Bel Air. I am affiliated with Integrity Real Estate in North East, MD.
Let me put my knowledge, experience, and dedication to work for you. Give me a call today, and I will immediately get to work for you - satisfying your real estate needs.
Harford County Relocation Guide Whatever your real estate needs are, I am on top of them. Megan McGonigal, Realtor® 
Here is what some of my past Cecil County and Harford County clients have to say about me
"Megan carried the ball and went above and beyond anything I had expected. She was very professional, courteous, and caring. She offered information on services, churches, shopping, etc.. that was available in the area. The whole experience right down to settlement was an absolute pleasure. It was in my opinion what every transaction of this nature could and should be."
Frank & Nancy
"I bought a home in North East Isles through Megan McGonigal. Not only was I moving from Pennsylvania, but I was retiring also. Ms. McGonigal's professional services were exceptional from our first telephone conversation to the settlement. Everything was prepared and presented in the most professional manner, including finding a contractor to convert a storage room into an office for me. And that was completed professionally and in a timely manner. In other words, Ms. McGonigal's services kept the stress level down throught the entire transaction. I would recommend Megan McGonigal to my closest family members and friends. Think "MEGAN McGONIGAL" when
thinking of buying or selling your next home!
Christine
"Thank you so much for being our realtor. You helped us find our dream home and then sold our existing home in three days.
Through the yearlong process of finding the right home you were extremely patient and kept going when we were ready to give up. During a time of so little inventory and such high prices you were able to help us sort through it all and find a true "diamond in the rough."
After the search was over you then made the closing process seem easy. When we were being difficult you mustered the resources (including your fiance cleaning out the basement) to get it done. Finally, you finished it off by taking care of the kids during the closing process so we could sign the papers.
Thanks again for all your help. I would recommend you to anyone looking to buy or sell his or her home."
Drew & Kimberly
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