“The market has made a sudden shift to a sellers market,” said Helene Kelbaugh. “There are far less foreclosures and short sales which means extremely limited inventory for buyers to choose from. Limited inventory means sellers can get more money for the their homes. This makes NOW the perfect time to list a home for sale on the market,” Helene also commented.
Parkville is a very desirable community in Baltimore County. When buyers are asked, what do they like about the communities in Parkville, the responses are typically location, schools, very easy access to major highways, secluded and quaint, and many communities are well established showing the strength of the communities in Parkville.
Parkville home inventory is dropping as time goes forward. The number of short sales and foreclosures have reduced tremendously as well. Based on the law of supply and demand, less inventory means that prices are going up and sellers are getting 90% or better of what they are selling the home for. Great news for sellers.
For buyers, the good news is the houses are typically better condition and quality reducing the possibility of lender required repairs.
Mini Market Data Report - Parkville
92 active single family homes
60 under contract
41 sold in the last 2 months
Helene Kelbaugh, REALTOR specializes in Parkville Real Estate, Baltimore Real Estate, Harford County Real Estate, Foreclosures, Short Sales, Internet Marketing Specialist Designation
Helene Kelbaugh, REALTOR
Keller Williams Realty Baltimore
443-465-8443 c 410-342-4444 o
Service with a smile,changing lives ONE family at a time!
Mini Market Report ref: MRIS
For additional market research in Parkville visit http://www.helenesellshomes.com/