Calvert County, MD - I Know, I Know - Who Wants to Read Blogs About Market Stats?

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Real Estate Agent with Berkshire Hathaway Home Services McNelis Group Properties

Calvert County, MD - I Know, I Know - Who Wants to Read Blogs About Market Stats?- - Stats are dry. Stats are boring. I know, but if they are analyzed in a meaningful way and applied to your specific situation, however tempted you might be to snooze, they can be a valuable tool. 

Notice I use the word tool. Many times several tools have to be used to complete a job. When the job is formulating a sound real estate decision, stats are a tool - a piece of the puzzle, and can be a very helpful one at that.

Calvert County Real Estate Market

After a disappointing start to the Calvert Real Estate Market in 2012, there is improvement in some key indicators to be noted:

The Calvert County Median Sales Price is above $300,000 in June and July. More importantly, the 2012 year to date median sales price for June and July is higher by 1.7-1.8% than June and July of 2011. Looking at comparisons cumulatively vs. a one month snapshot can be much more telling - an important indicator to be considered.

For sellers, knowing that there is less competition and that the time to sell is decreasing are also important considerations. For buyers, this information should be used to evaluate moving time frames up to best time prices, interest rates which are still at record lows, and moving on properties of particular interest with less inventory available.

  source:Real Estate Business Intelligence


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