BRAC is making up a large portion of the sales that are happening in the area, but that is not all. People are relocating, first time home buyers are jumping into the market, and people are taking the opportunity to move up from a smaller home into a larger one, since overall, the prices and interest rates are still quite favorable.
Sunday, March 27, 2011
Havre de Grace Real Estate: February '11
Welcome to the hottest local market anywhere right now! Havre de Grace saw a sensational February, even after what was a very strong January. The total dollar volume for all of the sales that took place in the area during February was up 190.96% over the same time a year ago! The average sold price was up 24.7%, median sold price was up 14.79%, and the number of units sold was up 133.33%! It even took a lot less time to sell a home in Havre de Grace during a rather dismal month weather-wise.
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