The Long & Foster Market Minute

Focus On: Aberdeen, Belcamp, and Havre De Grace Housing Market September 2021

Zip Code(s): 21001, 21017, 21078, 21028 and 21130
Units Sold
92
Active Inventory
77
Median Sale Price
$352,500
Days On Market
15
Down -17%
Vs. Year Ago
Down -36%
Vs. Year Ago
Up 14%
Vs. Year Ago
Up 15%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in September, with 92 sold this month in Aberdeen, Belcamp, and Havre De Grace Real Estate versus 105 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 17% versus September 2020.

Active Inventory
Versus last year, the total number of homes available this month is lower by 44 units or 36%. The total number of active inventory this September was 77 compared to 121 in September 2020. This month's total of 77 is lower than the previous month's total supply of available inventory of 96, a decrease of 20%.

Median Sale Price
Last September, the median sale price for Aberdeen, Belcamp, and Havre De Grace Homes was $308,000. This September, the median sale price was $352,500, an increase of 14% or $44,500 compared to last year. The current median sold price is 14% higher than in August.

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


New Listings
96
Current Contracts
101
Sold Vs. List Price
101.0%
Months of Supply
0.8
Down -17%
Vs. Year Ago
Up 5%
Vs. Year Ago
Up 1.9%
Vs. Year Ago
Down -23%
Vs. Year Ago

Months of Supply
In September, there was 0.8 months of supply available in Aberdeen, Belcamp, and Havre De Grace, compared to 1.1 in September 2020. That is a decrease of 23% 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 96 homes newly listed for sale in Aberdeen, Belcamp, and Havre De Grace compared to 116 in September 2020, a decrease of 17%. There were 101 current contracts pending sale this September compared to 96 a year ago. The number of current contracts is 5% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in Aberdeen, Belcamp, and Havre De Grace was 101.0% of the average list price, which is 1.9% higher than at this time last year.

Days on Market
This month, the average number of days on market was 15, higher than the average last year, which was 13, an increase of 15%.

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.