Market Report, Home Price in Glen Burnie, MD for October 2012
Real Estate market data for Sykesville provided by Team Caropreso.
Below are summary of Glen Burnie Real Estate Market Report October 2012:
Average Sold price and Day on market is almost the same, Total active listing is Down. Market has Low inventory so basically It's a GOOD time to Sell your home and Buy one! That's right, because interest rate is a powerful factor when you buy a home, and now you can be qualify for rate under %3. Do you know how much interest you are going to save? A Lot.
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%41 of unit sold in less than 30 days(Total of 26)
%53 of unit sold in less than 60 days(Total of 34)
%57 of unit sold in less than 90 days(Total of 36)
October 2012 vs. September 2012:
- Sold dollar value increased in Oct.'12 from $9.4M to $13.0M compare to Sep.'12 (+ %38)
- Average Sold price increased in Oct.'12 from $203k to $204k compare to Sep.'12 (+ % 1)
- Total unit Sold increased in Oct.'12 from 47 to 64 compare to Sep.'12 (+ %36)
- Average DOM(Day on Market) decreased in Oct.'12 from 109 to 108 compare to Sep.'12 (- % 1)
- Average Sold/List Price ratio decreased in Oct.'12 from %93 to %92.5 compare to Sep.'12 (- % 1)
- Total active Listing increased in Oct.'12 from 265 to 270 compare to Sep.'12 (+ % 2)
October 2012 vs. October 2011:
- Sold dollar value increased in Oct.'12 from $10.8M to $13.0M compare to Oct.'11 (+ %20)
- Average Sold price decreased in Oct.'12 from $210k to $204k compare to Oct.'11 (- % 3)
- Total unit Sold increased in Oct.'12 from 52 to 64 compare to Oct.'11 (+ %15)
- Average DOM(Day on Market) increased in Oct.'12 from 102 to 108 compare to Oct.'11 (+ % 6)
- Average Sold/List Price ratio increased in Oct.'12 from %90.5 to %92.5 compare to Oct.'11 (+ % 2)
- Total active Listing decreased in Oct.'12 from 351 to 270 compare to Oct.'11 (- %23)
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