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šŸ”„Catonsville EPIK Weekly Market Updates_12/07/2021šŸ”„

By
Real Estate Agent with Ellicott City Clarksville Howard County Maryland Real Estate 535650
The latest EPIK Market Update is an eye opener.
As we head towards the end of 2021, the GOAT Real Estate market, there are ONLY 17 detached homes ACTIVE in THE ENTIRE Catonsville area. Out of the 17 only 5 have been on the market more than 2 weeks. Pending homes (36) only 6 were on the market over 1 month- Do you remember the days when 30-60 days was the average time on As we head towards the end of 2021, the GOAT Real Estate market, there are ONLY 17 detached homes ACTIVE in THE ENTIRE Catonsville area. Out of the 17 only 5 have been on the market more than 2 weeks. Pending homes (36) only 6 were on the market over 1 month- Do you remember the days when 30-60 days was the average time on #homeforsalethe market?
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Out of the 31 homes sold in the past 30 days, the average ā€œList price to sold priceā€ is 108%. Would you like an extra $30k+ on the sale of your home? Average days on market is 7
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So what does that mean?
1. Inventory scarcity. Less hassle in less time.
2. Incredible desirability (Location, amenities, lifestyle, Schools etc).
3. Hungry buyers who are NOT picky. You get to dictate your terms
4. More money in your pocket than you could ever imagineā€¦ā€¦or possibly get in the future when the market changes.
So, to summarize, RIGHT NOW get MORE money, in less time and have these crazy settlements push up the market values.
We know at least 85+ Real Estate agents who have buyers who want to live in the 21228 zipcode. (Agents call us looking for homes) Isn't this the PERFECT time to get into the market?
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What is your home worth right now?
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Comments(1)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Catonsville home buyers and sellers are sure to value your real estate market report, Ellie.

Dec 08, 2021 01:29 AM