Compass Home Group

Harford County Real Estate Report September 2013

Harford County Real Estate Report September 2013
Compass Home Group of Keller Williams American Premier Realty
Call or Text 443-360-0086 For More Information
 
Better late than never I say, as our MLS has finally put out the market statistics for the month of September and we are ready to present the Harford County Real Estate Report!  The government may be shut down right now, but the Real Estate market is still alive and well!!  As the debt ceiling limit nears nobody is sure what will happen if no extension is signed, and interest rates could be significantly affected, so contact a lender now and make sure to lock into your rate as a 1% increase in rates can cost you up to 10% of your purchasing power when buying a home!  Compass Home Group partners with some great lenders in the Harford County Real Estate market, contact them today!
 
Ok, let's get into the details of whats going on in Harford County.  The average sold price in the month of September came in right at $254,595, which has actually dropped from the same time last year, a decrease of 3.05%.  While the price has dropped from the same month last year, home prices, on average, are up 7.03% from January of this year in Harford County.  235 Homes have sold in the Harford County Real Estate market last month, up 23.04% from the same time last year, so the number of homes selling continues to rise! 
There are currently 1,231 active listings on the market for sale in Harford County, showing that inventory is down 6.74% from last year.  The market is definitely balancing itself out sitting right around a six month inventory of listings in Harford County.  The good news for sellers is the average days on market to sell there home has dropped 23.36% from the same time last year, to 82 days.  While this number varies from zip code to zip code, and community to community, it's an overall indication of the market in Harford County.
 
Compass Home Group is committed to bringing the most up to date market statistics to our clients so they can make the most informed decision on the sale of their first home, new home, investment home or second home in, or around Harford County.  If you're interested in a market analysis of your homes value, don't hesitate to visit www.ListWithCompass.com and complete the short questionnaire on your home!
 

Compass Home Group of Keller Williams American Premier Realty  
Tim Langhauser & Michele McCartin  
Call or Text 443-360-0086 for information

 

Comment balloon 0 commentsTim & Michele Langhauser • October 10 2013 08:55AM
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