The Piney Orchard real estate market is still hopping.
We're finally starting to see inventory rebound with 17 new listings coming on the market in January compared to just 7 last year. However the total number of active listings are at 50% of what they were last February. And, 17 of the 26 available homes have already been spoken for with pending contracts.
The sold dollar volume is up 111% and average days on market is down by almost 50%. The average list price to sale price is up to 97.6% showing that home are selling very close to asking price. Conventional financing rules the market with over half of total sales with VA following closely behind. There were no FHA or cash sales this month.
If you're thinking of buying, selling or renting a home in Piney Orchard, The Roskelly Team at RE/MAX Leading Edge would love to put our 20 years of experience to work to represent you on your next real estate transaction. Give us a call today at (410) 721-6694, or visit us on-line at www.PineyOrchardHomes.com to search all homes for sale in Piney Orchard Odenton MD.