The Long & Foster Market Minute

Focus On: Aberdeen, Belcamp, and Havre De Grace Housing Market June 2020

Zip Code(s): 21001, 21017, 21078, 21028 and 21130
Units Sold
70
Active Inventory
115
Median Sale Price
$242,950
Days On Market
47
Down -9%
Vs. Year Ago
Down -52%
Vs. Year Ago
Up 7%
Vs. Year Ago
Up 21%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in June, with 70 sold this month in Aberdeen, Belcamp, and Havre De Grace Real Estate versus 71 last month, a decrease of 1%. This month's total units sold was lower than at this time last year, a decrease of 9% versus June 2019.

Active Inventory
Versus last year, the total number of homes available this month is lower by 124 units or 52%. The total number of active inventory this June was 115 compared to 239 in June 2019. This month's total of 115 is lower than the previous month's total supply of available inventory of 134, a decrease of 14%.

Median Sale Price
Last June, the median sale price for Aberdeen, Belcamp, and Havre De Grace Homes was $227,000. This June, the median sale price was $242,950, an increase of 7% or $15,950 compared to last year. The current median sold price is 6% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
125
Current Contracts
119
Sold Vs. List Price
98.1%
Months of Supply
1.6
Up 15%
Vs. Year Ago
Up 43%
Vs. Year Ago
Down -1.8%
Vs. Year Ago
Down -47%
Vs. Year Ago

Months of Supply
In June, there was 1.6 months of supply available in Aberdeen, Belcamp, and Havre De Grace, compared to 3.1 in June 2019. That is a decrease of 47% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 125 homes newly listed for sale in Aberdeen, Belcamp, and Havre De Grace compared to 109 in June 2019, an increase of 15%. There were 119 current contracts pending sale this June compared to 83 a year ago. The number of current contracts is 43% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Aberdeen, Belcamp, and Havre De Grace was 98.1% of the average list price, which is 1.8% lower than at this time last year.

Days on Market
This month, the average number of days on market was 47, higher than the average last year, which was 39, an increase of 21%.

The Long & Foster Market Minute Aberdeen, Belcamp, and Havre De Grace are defined as properties listed in zip code/s 21001, 21017, 21078, 21028 and 21130.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.