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 »
Here are the latest Ceicl County market statistics. 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
Cecil County Market Statistics
March 2008
March 2007
% Change
Total Dollar Sold
$15,582,995
$23,282,357
-33.07%
Average Sold Price
$283,327
$283,931
-0.21%
Median Sold Price
$231,795
$275,000
-15.71%
Total Units Sold
55
82
-32.93%
Average Days on Market
209
129
62.02%
Average List price for Sold
$321,611
$309,264
3.99%
Avg [...]
Filed under: Market Statistics on April 14th, 2008 | 1 Comment »
What is an Absorption rate and why should you care?
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, Sellers on April 4th, 2008 | 1 Comment »