Charlotte Hall Real Estate Market Continues Downward Trend in Contracts

Sales remained steady from last week to this week, with two homes sold in the Charlotte Hall market over the last 30 days. However, an identifiable downturn in the number of pending transactions continued, with zero completed in the same period. As contracts trended lower, months of inventory rose, trending up for four weeks to two months. With inventory at such low levels, Charlotte Hall is still a strong seller's market, even after taking into consideration the falling contracts numbers.

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Demographic facts about Charlotte Hall:

  • This area has an average elevation of 148 feet.
  • The area's median income per household is $67,795.
  • For every counselor there are 386 students in this area. (513 = national average)

Data reported through 1/11/2017


Ask a local expert about this area:
RE/MAX United Real Estate
65 reviews
Snapped 1 home in this area

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