December 7, 2015 Weekly Market Report

New Listings in Salisbury MD and Wicomico CountySalisbury MD Real Estate

Fifteen residential listings came on the market last week in Salisbury and Wicomico County with an average list price of $125,000.

Under Contract in Salisbury MD and Wicomico County

Last week eleven homes went under contract in Wicomico County. The average time on market before going pending was 4.5 months. The average list price of these properties was $207,200.

Sold Listings in Salisbury MD and Wicomico County

Seventeen homes sold last week in Salisbury and Wicomico County with an average sales price of $204,300. The average time on market was 2.7 months and they sold for 95% of the list price.

Homes for Sale in Salisbury MD and Wicomico County

Currently, there are nearly 560 active residential listings in the county, which includes single family, townhomes, condos, and duplexes. Short sales and foreclosures make up 18% of available residential properties. Mortgage rates were around 4.125% 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 © 2015 MLS and FBS

Based on information from the Coastal Association of Realtors® for the period 11/30/15 through 12/6/15

 

 

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