Even though total active listings dropped by 43%, sales still increased this February for real estate in Aberdeen, MD by 33%! The median sale price also jumped, going from $101,500 to a healthier $159,375. Of the homes that sold, only 2 were either foreclosures or short sales, compared to the 4 that transferred in Aberdeen last year.
To continue with the trend, new active listings dropped 44% as well, but we can expect more sellers to put their homes on the market as they see evidence that the market is improving. Call me at (443) 866-6728, email me at scott.miller@century21.com, or visit my website at www.scottmillerrealestate.com for more information about selling in this market.
