Baltimore and Harford County Real Estate Market Update for Fall 2014

There are many great Baltimore area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (410) 638-9555 for a FREE home buying or selling consultation to answer any of your real estate questions. 

Thanks for joining us once again. We want to give you an update on what's going on in the market right now. We have been extremely busy throughout the summer due to the market lagging behind this year by about 5 or 6 weeks. The Spring season, which usually begins in early March, didn't start until April. Like we said, the summer was extremely busy for us but it allowed us to make up for a lot of lost time. This July was our best month ever as we sold over 40 homes.

 Here are some market statistics you should be aware of in Harford and Baltimore Counties:
  • The average days a home is on the market in Harford County is 80 days. Our team's average is 29 days 
  • The average list-to-sell ratio in Harford County is 95.2%. Our team averages 98.44%. We are listing our homes much more appropriately and getting more money for our clients than most other agents. 
  • In July in Harford County, sales were down 6.5% from July 2013. Our team saw a record month, increasing our July output by 22% from July 2013.
You hear a lot of different statistics and numbers in the news. Take those with a grain of salt. A lot of statistics are misleading, so you should seek out the advice of a local expert so that you can decipher all of the information out there. A local expert knows the market, and is someone to trust with helping you make real estate decisions.

If you have any questions about the market or about anything else, please give us a call or send us an email. We'd be happy to get you going in the right direction!