Thursday, September 12, 2013

Harford County Real Estate Report Card August 2013

Harford County Real Estate Report August 2013
Presented by Compass Home Group of Keller Williams American Premier Realty
Call or Text 443-360-0086

The numbers are in, and the trends continue in the Harford County Real Estate market, and the Compass Home Group is bringing all the sweet details!!  In August 268 homes sold in the Harford County area, up over 17% from the same time in 2012.  This number continues to grow as more home buyers are coming up the fence to avoid higher interest rates.  We are also seeing growing trends of people moving inward from the more rural areas of Harford County into the more populated parts of Bel Air, Forest Hill, Fallston and Abingdon.  The average price of these 268 homes sold sat at $259,655 for the month of August, down 1.42% from the same month last year, but ticked up from last month, which is a great sign of the continue growth of the Harford County Real Estate market.

166 new homes went under contract in August of 2013, up 18.57% from August of last year, as again more buyers are coming out of hiding.  The average days on market for a home in Harford County sits at 82 right now with some more rural zip codes reaching 130+ days on market.  Make sure to contract Compass Home Group for a detailed report of home sales in your area.  The average sales price to list price ratio in Harford County was 94.6%, meaning home sellers were receiving 94.5% of the original list price at settlement.  Compass Home Group is proud to say that we are getting our Harford County Real Estate Sellers 96.4% of the original listing price in the sale of their homes.  With an average sales price of $259,655 in this area, that would leave you with an additional $4,673.79 in your pocket!!  Visit www.ListWithCompass.com today to learn your Harford County Homes Value.

Currently, 1,225 active listings are for sale in the Harford County Real Estate arena, waiting for a buyer to call them home.  Inventory continues to contract as this number dropped 5.91% from the same time last year.  Let Compass Home Group find the perfect home for you today, visit www.BuyWithCompass.com for valuable information on the home buying process and start looking at homes today!
Compass Home Group of Keller Williams American Premier Realty  
Tim Langhauser & Michele McCartin  
Call or Text 443-360-0086 for information