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Sykesville, MD Real Estate Market Trends For February 2017!
The local Real Estate market is slow for February 2017. This is a smaller town, so fluctuations in the market are more noticable. Days on the Market for homes in this area dropped, and units sold was only slightly reduced.  Median Home Sales Prices went up, and inventory went down. These show a rebound in the spring market. Lets take a look at the major indicators!Sykesville is a smaller suburb, located further out comparatively to surrounding Maryland Suburbs. This area is a hot spot for first time home buyers looking for a home with land which is often more affordable than other nearby areas.  The drawback - commuting distance to Baltimore, Columbia, DC, etc.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Sykesville's local real Estate market shows Median hoems sales prices in February 2017 was $348,000 which is stable for Market Trends in this area.
There are only 90 active listings on the market for February, 53 of them are new. This is a 30% decrease from Last year. With a smaller inventory, active buyers are looking at all their options, but are moving quickly on homes they love.
There are currently 34 new under contracts reported in February 2017, many families looking to move to this area in Maryland. Sykesville's Local Real Estate Market is an excellent starting point for new families. The List Price to Sold Price ratio ... more

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