The Experts You Can Trust
Statistic Values YoY MoM Total Sold Dollar Volume $13,385,053 -8.06% +2.07% Closed Sales 53 -15.87% +10.42% Median Sold Price $237,000 +5.33% -8.48% Avg Sold Price $252,548 +9.29% -7.56% Avg Days on Market 121 days -14.18% -9.02% Avg Sold to Orig List Ratio 92.24% +0.91% -1.62%
This website was mentioned by the Inman real estate blog today. Bill Tancer tracks web searches, and tracks the results compared to leading indexes. He thinks he has discovered a correlation between searches for “homes for sale” and the NAR index of existing home sales. One commenter asked why the searches, and indexes were only showing …
The state of California is reporting an increase in real estate licensees, despite the changes in the market. I can’t find similar stats for Maryland, but according to one source at the Maryland Association of REALTORs, we add 2000 a month. The last stat I read said that 93% of those will not renew their license in …
Bankrate. com just released their annual closing costs survey results. Maryland fell from 9th highest to number 38. Like last year they left off transfer and recordation taxes. This cost varies from county to county so it would make their survey hard to complete. The costs shown are only those of title, and mortgage. Many …
This article is from July 30th, I think things might have quieted down before that, but that’s just my opinion. Regardless of the title of the article, it is a good article specific to our market. (Don’t see those very often) There are some interesting stats, and the author did a good job talking about the …