BRAC has been having a huge impact on the sales in the area, but the weather in February didn't help for what could have been a much more dramatic increase in activity. As the weather warms, we can expect to see a sensational rebound in the housing numbers for the area.
Sunday, March 27, 2011
Harford County Real Estate- February '11
After having an extraordinary January, Harford County still saw a modestly improved February with regards to real estate sales. The total dollar volume of the 124 home closings that took place in the county was up 4.21% year over year from February 2010, and the number of transactions closed was up 7.83% from the same period. The median sold price was up only 1%, but the average sold price was down 3.36%. While this drop was rather significant, it is believed that the prices have hit a floor that they probably will not go beneath.
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