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June 2023 Maryland Housing Market Update for Anne Arundel County

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  • เผยแพร่เมื่อ 7 มิ.ย. 2023
  • This is your monthly real estate market update for Anne Arundel County Maryland with James Bowerman, your Pasadena MD Realtor and the Real Creative Group of Compass.
    Arundel County, MD Housing Inventory
    Let’s take a quick dive into a few of the hey metrics for Anne Arundel Counties housing market.
    Coming Soon: There are 129 homes coming soon to the market, which is 2 less than last month. Properties cannot be in the Coming Soon status for more than 21 days.
    Active Listings: There are 556 properties currently active for sale. This is 1 more home than last month, but a 26% decrease compared to this time last year.
    Under Contract: There are 1,067 homes under contract and no longer available to tour or purchase. This is 69 more properties compared to last month, but a 20% decrease compared to this time last year.
    Homes Sold: There were 686 homes sold during the month of May. This is 146 more home sales compared to the previous month, but a 28% decrease compared to this time last year.
    Anne Arundel County, MD Average Time on Market
    The average days on market decreased to 15 days, which means homes sold 8 days faster on average compared to the previous month. In the last 30 days there have been 217 price reductions, which is more than the previous 30 days and about 39% of the active inventory.
    Anne Arundel County, MD Average Home Prices
    The average home sale price in Anne Arundel County in May was $589,155, which is a 6% increase compared to prices this time last year.
    Real Creative Group of Compass
    James Bowerman - 664056
    Direct: 410-971-8004
    Office: 410-429-7425
    TheRealCreativeGroup.com
    Find us on Google: g.page/RealCreativeGroup

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