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Winter 2012 Market Update
Maryland has enjoyed steady growth over the last 3 years in the Real Estate Market.
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| Average Home Price | $325,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 10-15% |
| Average Time on Market | 30-60 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Multiple Offers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First-Time Buyers |
| Reason to Buy/Sell | |
| Housing Hot Spots | Ft. Meade, Columbia, Bel Air, and Ellicott City |
| Average Sold Price | $325,000 - View Graph Trend |
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Barry Hess
Keller Williams- Flagship of Maryland
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