Carroll County, MD Insights | Eldersburg | Long & Foster
Carroll County, MD Insights
New Pending Sales were much higher than the previous 5-year average.
Active Listings were one fourth the 5-year average, as 86% of all new listings
went under contract within the first 30 days.
It continues to be a hot "Seller's Market" with just over one half month's inventory based on the December rate of sales...a normal market would have 4-6 months worth of inventory.
But for Buyers, it is also a great time to buy as their buying power increased with the historically low interest rates.