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June 27, 2007

Glen Burnie, MD Market Conditions Update for May 2007

Here are the latest real estate market statistics for Glen Burnie, MD.  These numbers represent single family home (SFR) and condo sales only.  The percentage of homes on the market where the asking price has been reduced *: 43.3% 

Average April 2007 May 2007 % Change
Asking Price $281,294 $274,304 -2.5%
Sales Price $278,020 $269,951 -2.9%
% of Asking Price 99% 98% -1.0%
$/SQFT $183 $183 0.0%
Days on Market 91 107 17.6%
Total Transactions 89 67 -17.6%

Search for Glen Burnie, MD homes for sale.  Read more about neighborhoods near Glen Burnie, MD.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/5/2007:  416 properties on the market with 180 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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