Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was up 6% from one year earlier, and down 18% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 120-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 90%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 230-thousand dollars. The number of units sold increased 50% year-over-year, and increased 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 19956 (Laurel, DE)
Area Information for 19956 (Laurel, DE)
Median Age:38.17 yr
Median Commute Time:21.52 mins
Population Density:162/sq mi
Population Change Since 2000:17.81%
Closest Airport:Salisbury-ocean City Wicomico Regional