The Anne Arundel county real estate market is seeing some strong changes including a much needed 29% increase/build up of inventory. At the same time, new listings are down 25% so this build up is cumulative from the last several months as buyers are reacting to increased interest rates and market uncertainty.
Prices are now holding steady, which is great news, the average days on market is also staying just over 30 days which is what we expect to see with a market that is more equally balanced between buyers and sellers, and homes are selling at 97% of asking price which is down just 2% from the same period last year. 
If you're thinking about buying, or selling a home in Odenton or Anne Arundel county near Fort Meade in 2023, let the friendly experts at The Roskelly Team help you get the very best results. EHO
