Anne Arundel County Real Estate News - October 2021 Real Estate Update:
The County saw a 20% decrease in listing inventory which created a chain reaction decline in under contract properties which were down almost 17% compared to last year. If we'd had more homes, they would have been absorbed as well! The sold dollar volume was down almost 8% with an 8% increase in the average sold price.
Conventional financing dominated the market followed VA, FHA and cash. Market conditions in the Fort Meade area remain in the Sellers favor but we are seeing just enough softening of the market that closing help and other concessions are coming back into play on some homes.
Need an expert in your corner to sell your Fort Meade area home? The Roskelly Team specializes in Anne Arundel County real estate including the cities of Odenton, Severn, Crofton, Gambrills & Millersville. Contact us for a free market value analysis or visit us on-line to search all homes for sale near Fort Meade & NSA.
