Harford County

Association of REALTORS®

Harford County Market



            








                     

    

                                                                    

              

                             Harford County Housing Market October 2017
 

October was still a strong real estate market for buyers and seller alike.  

Compared to the same month in 2016, the total sold dollars were up 9.46 % and the number of units sold were up 10.26%.  The average listed price was relatively unchanged even though the average days on the market was reduced to 62. 

The active inventory declined even further to 984 properties, which is a 17.86 % reduction from this month in 2016.  There was a slight increase of new listing during the month and an increase of 17.28 % of properties gone under contract compared to 2016; however, this means there is only a 3.3-month supply of available properties. 

Mortgage interest rates remain very low and unemployment in the County has also dropped to under 4.3 %.  Businesses are expanding, and the stock market keeps going up. 

For more detailed information about the real estate market in your neighborhood, contact a REALTOR® today.

Harford County Association of REAL TORS® is a non-profit professional trade association with over 1,350 members dedicated to the preservation of real property rights and our community. REAL TOR® is a registered collective membership mark which may only be used by those real estate professionals who subscribe to the REAL TOR® organization's strict Code of Ethics, and who are members of the National, State and Local REAL TOR® organizations.
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