New Listings in Salisbury MD and Wicomico County
With the upcoming Thanksgiving holiday, only seven new listings came on the market last week in Salisbury and Wicomico County, with an average list price of $206,700.
Under Contract in Salisbury MD and Wicomico County
Last week sixteen residential properties went under contract in Wicomico County. The average time on market before going pending was 6 months. The average list price of these properties was $138,900.
Sold Listings in Salisbury MD and Wicomico County
Twelve homes sold last week in Salisbury and Wicomico County with an average sales price of $152,600. The average time on market was 3.6 months and they sold for 91% of the list price. Currently, there are nearly 540 active residential listings in the county, which includes single family, townhomes, condos, and duplexes. This measures the lowest listing inventory we’ve had in Wicomico County this year. Short sales and foreclosures make up 21% of available residential properties. Mortgage rates were up steady at around 4.25% on a 30 year fixed loan.
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Information compiled by Kennington Realty Inc. is deemed to be reliable, but is not guaranteed © 2013 MLS and FBS