Maryland realtors report 94.4 increase in Talbot County home sales for September
MARYLAND – A Maryland realty association says the state is seeing a pretty big increase in sales this year, compared to last year.
Maryland REALTORS says the housing market experienced a 23.1 percent increase in sales in September, as compared to 2019. Many counties saw double digit sales increases and Talbot County did exceptionally well with a 94.4 percent increase in sales. The president of Maryland REALTORS tells 47 ABC the pandemic is one of the reasons that many people from crowded urban areas are looking to move to areas in Talbot County.
“You’ve got remote schooling, you’ve got two parents who are also working remotely and you need quite space in the house for everybody to have their own corner to be able to effectively to do their job and or do their school work. So that is also an increasing request that we are getting from home buyers,” says Dee Dee Miller, the President of Maryland REALTORS.
Miller says realtors still have some concerns with inventory. The state has seen a 34 percent decrease in the amount of available inventory since January. However, the number of listings in September rose almost four-percent from last year, compared to about a one-percent decrease in August.