The Long & Foster Market Minute

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

Zip Code(s): 21001, 21017, 21078, 21028 and 21130
Units Sold
128
Active Inventory
74
Median Sale Price
$325,000
Days On Market
11
Up
Vs. Year Ago
Down -46%
Vs. Year Ago
Up 34%
Vs. Year Ago
Down -76%
Vs. Year Ago

Units Sold
There was an increase in total units sold in June, with 128 sold this month in Aberdeen, Belcamp, and Havre De Grace Real Estate. This month's total units sold was higher than at this time last year.

Active Inventory
Versus last year, the total number of homes available this month is lower by 62 units or 46%. The total number of active inventory this June was 74 compared to 136 in June 2020. This month's total of 74 is lower than the previous month's total supply of available inventory of 85, a decrease of 13%.

Median Sale Price
Last June, the median sale price for Aberdeen, Belcamp, and Havre De Grace Homes was $242,950. This June, the median sale price was $325,000, an increase of $82,050 compared to last year. The current median sold price is higher than in May.

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


New Listings
124
Current Contracts
113
Sold Vs. List Price
101.8%
Months of Supply
0.6
Down -2%
Vs. Year Ago
Up 1%
Vs. Year Ago
Up 3.7%
Vs. Year Ago
Down -69%
Vs. Year Ago

Months of Supply
In June, there was 0.6 months of supply available in Aberdeen, Belcamp, and Havre De Grace, compared to 1.9 in June 2020. That is a decrease of 69% 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 124 homes newly listed for sale in Aberdeen, Belcamp, and Havre De Grace compared to 126 in June 2020, a decrease of 2%. There were 113 current contracts pending sale this June compared to 112 a year ago. The number of current contracts is 1% higher than last June.

Sale Price to List Price Ratio
In June, the average sale price in Aberdeen, Belcamp, and Havre De Grace was 101.8% of the average list price, which is 3.7% higher than at this time last year.

Days on Market
This month, the average number of days on market was 11, lower than the average last year, which was 46, a decrease of 76%.

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.