Including Elkton, North East, Chesapeake City, Perryville, Port Deposit and Earleville
August sales for Cecil County MD fell slightly from 75 properties 74. The Sales number seems to be fairly stable as pending sales rose to 80 from 74 in July bringing total Pending Sales to 126. Although there has been little clarity in the Economy. The Fed has maintained that they will continue to keep rates down through the middle of 2013. We will just see if they are able to do this.
Prices continue to remain stable through 2011 as median price remained at $222,500
Days on Market for listings continued its upward trend to just above 200 days from 163 sin July
Overall Listing Activity shows that the inventory is showing a slight decline to 836 but new inventory (143) is twice what is being settled this trend needs to change to show true stability.
Steve Hubbell, Realtor® - Internet Marketing Specialist - The "Bay Property Team" was formed in 2006 by Susan and Steve Hubbell to specialize in helping Buyers and Sellers invest in Waterfront and Water Access Properties in Chesapeake City, Elkton, Earleville, and Warwick in Cecil County MD. We also serve, Georgetown, Galena, and Kennedyville in Kent County MD and surrounding areas. (800)-890-0381