Compass Home Group: Harford County Real Estate

Harford County Real Estate

Compass Home Group 443-360-0086 - The Harford County Real Estate Market is an ever changing beast with prices, inventory, rates and more fluctuating on a weekly, monthly and annual basis. January market data for Harford County Real Estate has been released by Real Estate Business Intelligence and shows some interesting trending. Year over Year, January 2013 vs. January 2012 shows that overall closed volume is up 16.64% with total sold volume of Harford County Real Estate coming in at $35,205,540 for January.

Average days on market is down year over year to just 94 days for Harford County Real Estate, with the average selling price coming in at $237,875 down 4.64% compared to January 2012. The average Harford County listing sold for 92.9% of the original listing price in Harford County. Compass Home Group is proud to note that they are averaging 97% of the original listing price for their home sellers! Outpacing the market by 4% over the past 12 months.

While the number of homes selling has seen a substantial increase over the past 12 months, the actual number of homes on the market for sale has decreased! Dropping from 1,171 units to 1,027 January 2012 to January 2013, a drop of 12.30% year over year. With more buyers on the market, looking at less inventory the Harford County Real Estate market is making a push from a sellers market into a buyers market slowly and silently. Harford County Real Estate is moving and a shaking going into this spring buying season. With an average days on market of almost 100 days, you would want to make sure that if you are interested in selling your home this summer that you are listing your home in the next 30-60 days if not sooner.

Make sure to contact the Compass Home Group for any of your Harford County Real Estate needs. Compass Home Group specializes in first time home buyers, move up buyers and investment properties. The Harford County Real Estate landscape is changing, so make sure to contact the Compass Home Group today to stay ahead of the trends!

Comment balloon 0 commentsTim & Michele Langhauser • February 22 2013 08:12AM