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Home Prices in Carroll County, MD - Carroll County, MD June 2015

By
Real Estate Agent with Frankly Real Estate Inc.

Claire & PoppyHome Prices in Carroll County, MD - Carroll County, MD

 

The first week of June 2015 is a busy one for Carroll County families with school age students, especially high school seniors. It’s graduation week! Celebrating the accomplishments of our students and as parents, the relief that we too succeed in supporting our children, now young adults, in the first leg of their journey.

 

That's my graduate, Claire, posing with her proud grandfather, my dad, Ralph H. Morgan.

 

Real estate sales this first week of June 2015 were steady.  53 Properties sold last week in Carroll County MD, median days on the market 39. The median sold price was $305,000 median original list price was $319,900 median list price at the time of sale was $317,900 with a original list price to sold price ratio of 95.83%.

 

The overall, county wide absorption rate is a 6.3 months. What does that mean?  Six months worth of supply is a fair, even market across the board. Less than 6 months creates a sellers market. More than six months creates a buyers market. When the market favors buyers or sellers that group has more strength during the negotiations of the sale. Here’s a graphic to help.

 

Absorbtion Rate Graphic

 

 

 

 

 

 

 

 

 

 

 

 

  • 904  Active properties for sale
  • 71 New listings  average list price $316,786

  • 12 Under contract average list price $306,433

  • 1 Coming Soon $299,000



Search Carroll County, MD homes for sale and when you are ready, call/text me at 443-2864365 so we can discuss your real estate strategy! In the mean time here is your Monday Market Snapshot for Carroll County, MD 6/1-6/7/2015

Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor
South Florida Estate Homes Inc - Weston, FL
South Florida Estate Homes Inc.

Diane

Great Blog, Like your presentation. Very Informative and useful for buyers and sellers in your area. Best Wishes.

Jun 08, 2015 09:20 PM
Diane M. Phillips Realtor 443-286-4365
Frankly Real Estate Inc. - Manchester, MD
Specializing in Carroll Co., MD

Thanks Jacob Thomas, Weston, Davie, Coopercity, Southwest Ranches, Miramar Realtor ! Have a great day!

Jun 08, 2015 09:44 PM