Considering the lack of inventory, Crofton, MD has done pretty well thru April. Year to date we're up just slightly in total sold dollar volume. With a more robust inventory, which is just coming on the market, most agents feel that the Crofton real estate market is poised for better results moving forward.
The average sold price for a listing jumped almost 7% to $308,233. Prices have been trending higher in the past year, largely fueled by the inventory, as well as the general uptick in the economy.
Another indicator of a strong real estate market is how long a home sits unsold, or...Days on the Market. This year, compared to last, the Days on the Market was down 49% and now sits at just 56 days. This is a pretty good indicator that we're in a strong sellers market.
Active Listings - 21114
Crofton, MD Homes for Sale
If you're not already working with an agent to buy or sell a home in Crofton, MD, or anywhere in the surrounding area...I can help! Call Rich at 443-995-9595.
Richard Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).
SKYPE ME: RichSellsHomes