Parole Real Estate Market Hits Contracts Bottom

Over the last 30 days, 22 homes went under contract in the Parole market, the lowest amount since January. As the market appears to be nearing a low, there were 30 homes sold over the same period. In comparison, Annapolis had 67 contracts executed in the same time frame, the most of all nearby cities. Potential buyers should note that there are now four months of inventory available in Parole and prices have come down. The median sales price dropped to $287,000.

Want to get a head start on other buyers? Check out these new listings in Parole:

$649K   $475K   $1.5M  

Get started right now by checking out Parole homes for sale or reviewing Parole real estate trends.

Demographic facts about Parole:

  • The median value of all homes in the area is $374,200.
  • The area gets an average of 110 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.8%.
  • There are 15.8 students for every teacher. (15.3 = national average)

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Berkshire Hathaway HomeServices PenFed Realty
Snapped 6 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 85 homes in this area
Maryland Homebuyers Network
Snapped 1 home in this area

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