New Listings in Salisbury MD and Wicomico County
Thirty-eight new listings came on the market last week in Salisbury and Wicomico County, with an average list price of $191,000.
Under Contract in Salisbury MD and Wicomico County
Last week twenty-six residential properties went pending in Wicomico County. The average time on market before going under contract was 7.0 months. The average list price of these properties was $194,200. Five homes were on the market fewer than 30 days.
Sold Listings in Salisbury MD and Wicomico County
Twenty-one homes sold last week in Salisbury and Wicomico County with an average sales price of $161,900. The average time on market was 3.3 months and they sold for 95% of the list price. Currently, there are nearly 590 active residential listings in the county, which includes single family, townhomes, condos, and duplexes. Short sales and foreclosures make up 21% of available residential properties. Mortgage rates were around 4.75% on a 30 year fixed loan.
Information compiled by Kennington Realty Inc. is deemed to be reliable, but is not guaranteed © 2013 MLS and FBS