Here’s Why It’s Still a Sellers’ Market in Anne Arundel County
Some Highlights
- Homebuyer demand is down in Anne Arundel county, but it's keeping pace with our historically low inventory. We're seeing moderate inventory increases in housing supply which is a great sign that we are shifting towards a more balanced market in Anne Arundel County and the general Fort Meade MD area. This lack of inventory (less than 1.5 months at this time) is keeping us in a sellers’ market.
- Sellers are still receiving multiple and competitive offers according to the latest data. In August, the average home received 2.8 offers and 39% of homes sold over the asking price.
So, if you're worried that you may have missed out on selling at the top of the market, you haven't! Give us a call and we'll take it from there to get you from Just Listed to Sold at top value.