Market Conditions for Harford County Real Estate
We are showing a return to the pre-holiday position with the total number homes jumping up to almost 1900 homes, an increase from the first of the year of about 80 homes. We are still down from December, so another month will need to go by to see what the trend is going to be. Our opinion is that more buyers will be seen on the market and the number of actives will go down, number of contract/contingents will go up and solds will go up. Only time will tell.
1/2008 12/2007Active Homes: 1898 2050
New Listings: 298 461
Total Sold: 181 159
Contingent or Contract: 90 148
Total Sold Dollar Volume: $30,258,539 $56,376,609
Taking into account the above numbers, and experience with our various networking experiences, buyers seem to be starting to move off the fence and make some moves for good deals that are presently available. FHA rates are still below 6%
As always, we appreciate any referrals from our past clients, friends or family and guarantee that we will give those referrals the best possible service.
For more statistics:
Harford County Real Estate Statisticslast updated 1/15/08