Tuesday, June 15, 2010

Statistic report for home sales in Howard county Maryland

Based on Howard county Howard County Board of Realtors statistic report Real Estate market dropped 25.7 percent.

With the homebuyer tax credit expiring at the end of April the number of sales in the Howard County Real Estate market dropped 25.7 percent. the number of listings put on the market new increased with the spring season to a 13 month high at almost 1,300 homes for sale. Compare that to January’s 850 home inventory and you wonder if people even watched the news about the tax credit before strategically deciding when to sell their home.

Settlements spiked almost 40%!!!! This of course is due to the June 30th settlement deadline for the tax credit. You will see a good month next month with regards to settlements as well and then a significant drop in July.


Condo sales suffered a major drop to it’s lowest amount in a long time including the Holiday months of year end. You would have had better luck selling your condo at Christmas and Hannakuh time than you would have in May!

No comments: