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Monday Market Report for Carroll County, MD 10/14-10/20/2012

By
Real Estate Agent with Frankly Real Estate Inc.

Monday Market Report for Carroll County, MD 10/14-10/20/2012

House in Westinster, MD

Monday Market Report for Carroll County, MD 10/14-10/20/2012 24 Properties sold last week, median days on the market 57. The median sold price was $286,500, median original list price was $297,450 median list price at time of sale $290,000 with a ratio of 90.73% original list price to sold price ratio.

From Taneytown, near the PA line, to Marriottsville, near the Baltimore County Line, real estate sales are on track to meet 2011 numbers of 100 units sold in October. Days on the market are down to less than half of 2011’s 136 days on the market. That’s a positive sign! Houses are being priced accurately and selling quickly. Factors that benefit both buyers and sellers in my opinion.

Sellers, price it at fair market value from the start and you’ll reduce your stress.

Buyers, shopping until you drop may not be a good idea in todays market. Sit on the fence and the property of your dreams may be sold before you make a decision.

At the same time, never rush your real estate decisions. Talk with a professional Realtor(R), know the facts, understand your options, create a game plan and you’ll be prepared to make informed decisions when the time comes.

There are many things to consider when buying and or selling a property. Call me at 443-286-4365 and let’s look at the market together and talk about your options.

What the heck do I mean by median? Check out 10/7-10/13/2012 Market report.

10/14-10/20/2012 24 Properties sold

 

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Monday Market Report for Carroll County, MD 10/14-10/20/2012




Andrea Bedard
Thompson Company, REALTORS® 240.593.2860 - Silver Spring, MD
Fluent in Real Estate & German, M.A. ABR ASP CIPS

Hi Diane, days-on-market are cut in half - love the sound of that! I'm seeing this in my area, too. If that's not telling it all about the market, then I don't know what would!

Oct 22, 2012 01:41 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Diane

Looks like a pretty healthy and improving market in Carroll County. Bet buyers and sellers will appreciate having this information and knowing the expert you are on the Carroll County market.

Jeff

Oct 22, 2012 02:39 PM
Diane M. Phillips Realtor 443-286-4365
Frankly Real Estate Inc. - Manchester, MD
Specializing in Carroll Co., MD

Andrea ~ I agree! I'm glad to here Silver Spring is looking good as well!

Jeff ~ YES! Healthy indeed. I think buyers & sellers need to know what the market is doing to make informed decisions.

Oct 24, 2012 12:18 AM