Bel Air, MD Real Estate: February '11

As usual, there was a little disparity between what was taking place in the 21014 zip, as compared to what was going down in the 21015 zip of Bel Air, MD. Total dollar volume was down 34.8% in 21014, while it creeped up a bit by .15% in 21015. Average sold price was down 23.3% in the 14, while it skyrocketed by 12.66% in the 15 (this may only indicate that the type of homes that sold were just more expensive; not necessarily that the prices are strengthening in this zip code). What was really notable was that the Days on Market for the 15 zip was actually down by 28.57%. This shows that homes in this zip are selling quickly, and for more money than most other zips, so if you have a house in this area and you've been thinking about moving, it might be the right time!

www.scottmillerrealestate.com

www.aberdeenmarylandrealestate.org