New Listings in Salisbury MD and Wicomico County
Twenty-seven new residential listings came on the market last week in Salisbury and Wicomico County with an average list price of $198,200.
Under Contract in Salisbury MD and Wicomico County
Last week eighteen homes went under contract in Wicomico County. The average time on market before going pending was 3.1 months. The average list price of these properties was $144,500. Six homes were on the market 30 days or less.
Sold Listings in Salisbury MD and Wicomico County
Fourteen homes sold last week in Salisbury and Wicomico County with an average sales price of $156,300. The average time on market was 3.9 months and they sold for 99% of the list price.
Homes for Sale in Salisbury MD and Wicomico County
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 18% of available residential properties. Mortgage rates were around 3.875% on a 30 year fixed conventional loan.
To receive the Weekly Market Report, email Dale King and place “Market Report” in the subject line.
Information compiled by Kennington Realty 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 10/5/15 through 10/12/15