Salisbury MD Real Estate Weekly Market Report
New Home Listings in Salisbury MD and Wicomico County
Pending Homes in Salisbury MD and Wicomico County
Last week twenty-three homes went under contract in Salisbury MD and Wicomico County. The average time on market before going pending was 2.2 months. The average list price of these properties was $223,400. Twelve homes were on the market for 30 days or less.
Homes Sold in Salisbury MD and Wicomico County
Twenty-eight homes sold last week in Salisbury MD and Wicomico County with an average sales price of $201,100. The average time on market was 2.8 months and they sold for 98% of the list price.
Homes for Sale in Salisbury MD and Wicomico County
Currently, there are nearly 300 active residential listings in the Salisbury MD area, which includes single family, townhomes, condos, and duplexes.
Short sales and foreclosures make up 10% of available residential properties. Mortgage rates are around 3.375% on a 30 year fixed conventional loan.
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Information compiled by Esham Real Estate, Inc. is deemed to be reliable, but is not guaranteed. © BRIGHT MLS Copyright 2020
Based on information from the Coastal Association of Realtors® for the period of 3/23/20 through 3/29/20