The Long & Foster Market Minute

Focus On: Aberdeen, Belcamp, and Havre De Grace Housing Market April 2019

Zip Code(s): 21001, 21017, 21078, 21028 and 21130
Units Sold
67
Active Inventory
214
Median Sale Price
$213,000
Days On Market
56
Down -22%
Vs. Year Ago
Up 4%
Vs. Year Ago
Up 2%
Vs. Year Ago
Up 10%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in April, with 67 sold this month in Aberdeen, Belcamp, and Havre De Grace Real Estate versus 81 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 22% versus April 2018.

Active Inventory
Versus last year, the total number of homes available this month is higher by 9 units or 4%. The total number of active inventory this April was 214 compared to 205 in April 2018. This month's total of 214 is higher than the previous month's total supply of available inventory of 209, an increase of 2%.

Median Sale Price
Last April, the median sale price for Aberdeen, Belcamp, and Havre De Grace Homes was $208,500. This April, the median sale price was $213,000, an increase of 2% or $4,500 compared to last year. The current median sold price is 1% lower than in March.

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


New Listings
113
Current Contracts
81
Sold Vs. List Price
99.5%
Months of Supply
3.2
Down -6%
Vs. Year Ago
Down -7%
Vs. Year Ago
Up 0.8%
Vs. Year Ago
Up 34%
Vs. Year Ago

Months of Supply
In April, there was 3.2 months of supply available in Aberdeen, Belcamp, and Havre De Grace, compared to 2.4 in April 2018. That is an increase of 34% 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 113 homes newly listed for sale in Aberdeen, Belcamp, and Havre De Grace compared to 120 in April 2018, a decrease of 6%. There were 81 current contracts pending sale this April compared to 87 a year ago. The number of current contracts is 7% lower than last April.

Sale Price to List Price Ratio
In April, the average sale price in Aberdeen, Belcamp, and Havre De Grace was 99.5% of the average list price, which is 0.8% higher than at this time last year.

Days on Market
This month, the average number of days on market was 56, higher than the average last year, which was 51, an increase of 10%.

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.