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October Real Estate Market Update

Here are the latest real estate market stats as we look at the data for Anne Arundel County (September 2022 compared to the previous three-month average):

Metric Value Change
Average Sale Price $532,000 Down 4%
Median Sale Price $442,000 Down 2%
Sales Price / List Price Ratio 101% 0%
Average Days on Market (DOM) 22 Up 38%
Number of Properties for Sale 952 Up 17%

(Based on data from Bright MLS Inc for property types single family, townhome, and condominium in the price range of $0 - $999,999 for the period June 2022 through September 2022. September 2022 stats are compared to the previous 3 months' average. Source data is deemed reliable but not guaranteed.)


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