New Listings in Salisbury MD and Wicomico County
Twenty-three new listings came on the market last week in Salisbury and Wicomico County, with an average list price of $195,400.
Under Contract in Salisbury MD and Wicomico County
Last week fifteen residential properties went pending in Salisbury and Wicomico County. The average time on market before going under contract was 4.8 months. The average list price of these properties was $133,100.
Sold Listings in Salisbury MD and Wicomico County
Sixteen homes closed last week in Salisbury and Wicomico County with an average sales price of $162,800. The average time on market was 4.2 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 down again as markets reacted to a likely government shutdown and finished the week 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