Crofton, MD continues showing a strong real estate recovery in May of 2013. With sales at $11,995,590, this showed a 10.76% increase over 2012, and a 60.49% increase over April, 2013.
As you can see from the Sold Listing graph below, the trend for Crofton real estate market activity has been mostly positive all year.
The Median Sold Price for Crofton listings has increased the last two months, and is now $327,900 for a Crofton, MD home purchase.
An indicator of the strength of the sellers market we're experiencing is the Average Days on the Market. The figure has decreased significantly since the beginning of the year, and is now 18 days. Listings are selling as fast as they're coming on the market.
Rounding out the Crofton real estate statistics for May, 2013 is the Average Sold to Original List Price Ratio. Once again, the numbers bear out that the market in Crofton, MD right now strongly favors buyers.
Richard Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).
SKYPE ME: RichSellsHomes