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Maryland Home Sales Fall in June
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You're Now Reading:
Maryland Home Sales Fall in June
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
The Easy Way to Shop For a Mortgage Loan
Fill Out One Questionnare
Receive Multiple Offers. Save Money.
You're Now Reading:
Maryland Home Sales Fall in June
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August 13, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums fell in Maryland during June as a shrinking housing inventory left buyers with fewer choices according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 5,122 existing single-family homes and condos were sold in the Old Line State in June. That was 3.9 percent lower than the 5,328 homes sold in May but was still 3.5 percent higher than the 4,949 homes sold in June 2011.

The median sales price for an existing home in Maryland increased by 1.0 percent in June to $261,772, up from $259,207 in May and was 7.8 percent higher than the median price of $242,796 in June of last year.

Of the 24 counties and cities that provide data for the monthly report, thirteen reported gains in home sales or were unchanged over the previous year with Talbot County (+68.2 percent) reporting the largest increase of counties with over 20 sales while Garrett County (-20.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 972 home sales, down from 1,073 the previous month, while Prince George’s County followed with an estimated 712 home sales for the month, down slightly from 719 in May.

Year-over-year, eighteen counties or cities posted an increase in their median prices or were unchanged from the previous month with the largest increase posted by Caroline County (+50.0 percent) with Garrett County (-21.2 percent) posting the largest decline in prices of counties or cities that had a minimum of 20 sales.

Tight inventory continued to be a problem for the state as the total number of homes for sale fell again in June with 27,309 homes actively available. That’s down from 28,557 in May and down from 37,555 in June of 2011.

Despite the drop in home sales, the continuing low inventory left the state with an average 5.3 months supply of homes available for purchase, down from a 5.4 months supply in May and also down from a 7.6 months supply a year earlier.

Tags: Maryland real estate, existing homes, condos, sales, median home prices

Source:
MAR

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Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
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August 13, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums fell in Maryland during June as a shrinking housing inventory left buyers with fewer choices according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 5,122 existing single-family homes and condos were sold in the Old Line State in June. That was 3.9 percent lower than the 5,328 homes sold in May but was still 3.5 percent higher than the 4,949 homes sold in June 2011.

The median sales price for an existing home in Maryland increased by 1.0 percent in June to $261,772, up from $259,207 in May and was 7.8 percent higher than the median price of $242,796 in June of last year.

Of the 24 counties and cities that provide data for the monthly report, thirteen reported gains in home sales or were unchanged over the previous year with Talbot County (+68.2 percent) reporting the largest increase of counties with over 20 sales while Garrett County (-20.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 972 home sales, down from 1,073 the previous month, while Prince George’s County followed with an estimated 712 home sales for the month, down slightly from 719 in May.

Year-over-year, eighteen counties or cities posted an increase in their median prices or were unchanged from the previous month with the largest increase posted by Caroline County (+50.0 percent) with Garrett County (-21.2 percent) posting the largest decline in prices of counties or cities that had a minimum of 20 sales.

Tight inventory continued to be a problem for the state as the total number of homes for sale fell again in June with 27,309 homes actively available. That’s down from 28,557 in May and down from 37,555 in June of 2011.

Despite the drop in home sales, the continuing low inventory left the state with an average 5.3 months supply of homes available for purchase, down from a 5.4 months supply in May and also down from a 7.6 months supply a year earlier.

Tags: Maryland real estate, existing homes, condos, sales, median home prices

Source:
MAR

FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
HOW
MORTGAGELOANRATEUPDATE
WORKS
Whether you're looking to refinance your current loan, purchasing a new home or looking for a home equity loan, we make it easy at MortgageLoanRateUpdate. Our questionnaire is simple and quick to use and your information is safely transmitted to us with SSL encryption. With just two minutes of your time, you could have multiple lenders competing for your business which could save you thousands.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.

August 13, 2012 (Chris Moore)

Monthly sales of existing single-family homes and condominiums fell in Maryland during June as a shrinking housing inventory left buyers with fewer choices according to the latest housing data from the Maryland Association of Realtors® (MAR).

An estimated total of 5,122 existing single-family homes and condos were sold in the Old Line State in June. That was 3.9 percent lower than the 5,328 homes sold in May but was still 3.5 percent higher than the 4,949 homes sold in June 2011.

The median sales price for an existing home in Maryland increased by 1.0 percent in June to $261,772, up from $259,207 in May and was 7.8 percent higher than the median price of $242,796 in June of last year.

Of the 24 counties and cities that provide data for the monthly report, thirteen reported gains in home sales or were unchanged over the previous year with Talbot County (+68.2 percent) reporting the largest increase of counties with over 20 sales while Garrett County (-20.0 percent) posted the largest monthly decline in sales.

Montgomery County recorded the most sales for the month with an estimated 972 home sales, down from 1,073 the previous month, while Prince George’s County followed with an estimated 712 home sales for the month, down slightly from 719 in May.

Year-over-year, eighteen counties or cities posted an increase in their median prices or were unchanged from the previous month with the largest increase posted by Caroline County (+50.0 percent) with Garrett County (-21.2 percent) posting the largest decline in prices of counties or cities that had a minimum of 20 sales.

Tight inventory continued to be a problem for the state as the total number of homes for sale fell again in June with 27,309 homes actively available. That’s down from 28,557 in May and down from 37,555 in June of 2011.

Despite the drop in home sales, the continuing low inventory left the state with an average 5.3 months supply of homes available for purchase, down from a 5.4 months supply in May and also down from a 7.6 months supply a year earlier.

Tags: Maryland real estate, existing homes, condos, sales, median home prices

Source:
MAR

Home Buying Tips
Home Selling Tips
About
Mortgages
HOW
MORTGAGELOANRATEUPDATE
WORKS
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at MortgageLoanRateUpdate and the offers you have received, you've found the right product and the best rate.
ADVANTAGES OF USING
MORTGAGELOANRATEUPDATE
FAST & EASY. DATA ENCRYPTED
Applying to multiple lenders is fast and easy with our one simple questionnaire. Choose the product you’re looking for, take a few moments to answer a few questions and you’re on your way to saving.
NO OBLIGATION. NO HIDDEN FEES
Any of the services on our website are 100% free, there is no obligation to use our services or any hidden fees. We’re not loan brokers so we don’t charge broker fees like other websites.
NO SSN OR CREDIT
CHECK
No SSN or credit check is necessary to use our services. We bring lenders to you so they can compete for your business and you save. That information only becomes necessary after you choose a lender.