This Month in Real Estate August 2014 is out!
Home sales activity rose to a pace of 5.04 million, up from the 4.91 million we saw last month in This Month in Real Estate July 2014.
The median home price also rose significantly, to $223,000 from last month’s $212,000!
The average interest rate dropped slightly to 4.13% from 4.17% last month.
I would like to make sure to note that the numbers above are national, across-the-board numbers. Our local Baltimore area numbers can vary widely with the above — some areas are higher, while others may be much lower.
For more information about selling a house in Towson or the Metro Baltimore real estate area, please contact me. I would be happy to help!