Spring 2021 Real Estate Update

Spring is finally here! The snow has melted and Western Maryland and West Virginia are starting to wake up. With the warmer weather comes an increase in showings and listings! I just listed a house in Frostburg and another one is going to be COMING SOON in Keyser by the end of the week!

Allegany County

Active Homes- 115  (This is down from my January update)

Pending- 109 (This is up from my January update)

SOLD in the Past 30 Days- 47  (This is down from my January update)

Average Sale Price- $118,959 (This is down from my January update)

Average DOM- 55  (This is down from my January update)

Mineral County

Active Homes- 37 (This is down from my January update)

Pending- 22 (This is down from my January update)

SOLD in the Past 30 Days- 14 (This is down from my January update)

Average Sale Price- $159,036 (This is down from my January update)

Average DOM- 29 (This is WAY down from my January update)

Click here to see January’s Real Estate Update.

Takeaway? WE NEED INVENTORY!!!! The residential market is still HOT in Allegany and Mineral Counties. With an all time low inventory that continues to drop, homes that have set for months (or even years!) are finally starting to move. This is a great time to sell but a hard time to buy as most homes are going in multiple offers.

Are you a seller interested in taking advantage of the current sellers market? There is a reason I sold 49 properties in 2020!! Call me and we can discuss how to get your home SOLD in record timing!

Are you a buyer looking to set your offer apart to lock down your dream home? Call me and we can discuss some things you can do to make your offer unique!

Ally Litten (call or text) 301-268-7504