Weekly Salisbury Wicomico Real Estate Report for the week of October 16 – October 22, 2023.

New Listings in Salisbury MD and Wicomico County

Thirteen homes came on the market last week in Salisbury and Wicomico County with an average list price of $354,700.

Click to see New Listings this week in Salisbury Wicomico MD

Under Contract in Salisbury MD and Wicomico County

Last week twenty-three houses went under contract in Salisbury and Wicomico County. The average time on the market before going pending was 21 days. The average list price of these properties was $245,700. Eighteen homes were on the market 30 days or less.

Click to see what went Under Contract this week in Salisbury Wicomico MD

Sold Listings in Salisbury MD and Wicomico County

Thirteen homes sold last week in Salisbury and Wicomico County with an average sales price of $259,500. The average time on the market was 43 days and they sold for 101.4% of the list price.

Click to see what Sold this week in Salisbury Wicomico MD

Homes for Sale in Salisbury MD and Wicomico County

Currently, there are 151 active residential listings in the county, which includes single family, townhomes, condos, and duplexes.  Short Sales and foreclosures in Salisbury and Wicomico County make up 4% of available residential properties. Mortgage rates were around 7.875% on a 30 year fixed conventional loan.

To receive the Weekly Market Report, email Corey@kenningtonrealty.com  and place “Market Report” in the subject line.

This report is offered free of charge by Kennington Realty A Buyer’s Agent, please consider using our services for your next real estate purchase.

Information compiled by Kennington Realty Inc. is deemed to be reliable but is not guaranteed © 2015 MLS and FBS. Based on information from the Coastal Association of Realtors® for the period 10/16/23 through 10/22/23.