Weekly Salisbury Wicomico Real Estate Report for the week of July 1– July 7, 2024.
New Listings in Salisbury MD and Wicomico County
Sixteen homes came on the market last week in Salisbury and Wicomico County with an average list price of $295,400.
Click to see New Listings this week in Salisbury Wicomico MD
Under Contract in Salisbury MD and Wicomico County
Last week twenty-two houses went under contract in Salisbury and Wicomico County. The average time on the market before going pending was 33 days. The average list price of these properties was $283,000. Seventeen 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 $296,900. The average time on the market was 48 days and they sold for 97.9% 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 180 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% 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 7/1/24 through 7/7/24.