The Havre de Grace real estate market remained hot in April of 2011. The number of homes sold was up an astounding 66.67% over the same month a year ago, with 25 homes changing hands during the period. The number if days that it took the average home to sell was down 50% to 115 days, and the average sold price was a healthy $283,225.
Currently, there are 170 active listings in the 21078 zip, which represents an inventory level of 6.8 months. This is down from an inventory of 12.8 months last April, when the amount of inventory on hand was expected to last 12.8 months.
This is clearly an indication of the strength in the market, and we can expect to see more signs of health as the year progresses. Unemployment is starting to decrease, and we expect these numbers to be even more active as we enter the 3rd quarter of the year. This is certainly a strong market to buy in, and you can search listings in the area at www.scottmillerrealestate.com. You can also hear more real estate news at http://www.facebook.com/pages/Scott-Miller-Real-Estate-with-the-Century-21-Curry-Agency/304386241430.
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