Real Estate Market Assessment - 06/17/08 10:06 AM
Active inventory continues to increase, while new listings continue to decrease and pending sales also decline. The trend established more than two years ago continues. Pending sales declined 22.6% from this time last year. While new listings declined 23.8% from last year and active listings were up 4.3% over May 2007. In May 2008, the ratio of active listings to pending sales was 11.0%, only a slight change from April when the ratio was 11.1%. The ratio was 14.8% in May 2007, 20.7% in May 2006, and 67.3% in May 2005. The declining ratio indicates that buyers perceive the real estate … (0 comments)

 
Stephen Howell, Selling Annapolis MD Luxury and Waterfront Homes (Coldwell Banker Residential Brokerage) Rainmaker_large

Stephen Howell

Selling Annapolis MD Luxury and Waterfront Homes

Annapolis, MD

More about me…

Coldwell Banker Residential Brokerage

Address: 170 Jennifer Road Ste 102, Annapolis, MD, 21401

Office Phone: (410) 224-2200

Cell Phone: (443) 994-8043

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Real Estate Market Assessment, Conditions, and Outlook for Maryland, Anne Arundel County, Annapolis and the surrounding areas of Arnold, Crownsville, Riva, Edgewater, and others.

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