Here are the latest Cecil County market statistics. This report is for Cecil County real estate sales in April, 2008. I will post the market statistics for May as soon as they are made available.
Cecil County Market Statistics
April 2008
April 2007
% Change
Total Dollar Sold
$19,483,267
$23,272,312
-22.91%
Average Sold Price
$278,332
$260,539
6.83%
Median Sold Price
$240,000
$250,000
-4.00%
Total Units Sold
70
97
-27.84%
Average Days on Market
171
117
46.15%
Average List price for [...]
Filed under: Market Statistics on May 29th, 2008 | 2 Comments »
March’s Harford County market statistics were recently released from my mls. This report is released on the 10th of every month for the previous month. I will post the results here as soon as I can. Here are the Harford County market statistics for March, 2008.
Harford County Market Statistics
March 2008
March 2007
% Change
Total Dollar Sold
$59,281,279
$79,740,299
-25.66%
Average Sold [...]
Filed under: Market Statistics on April 14th, 2008 | 2 Comments »
What is an Absorption rate?
The absorption rate is a figure that tells you how long it will take to sell your home in current market conditions.
Definition of Absorption Rate
The rate at which properties are able to be leased or sold in a given area.
Filed under: Market Statistics on April 10th, 2008 | 2 Comments »