Unveiling Prince George’s County Real Estate Trends in 2024

Unveiling Prince George’s County Real Estate Trends in 2024

Hello, Prince George’s County residents! The Market is heating up! As we kick off the February, let’s dive into the latest housing data for our beloved county.

Overview: Currently, there’s a slight slowdown in sales, primarily due to the time of year. However, we anticipate an upswing in the coming months. For detailed insights into the housing market, be sure to check out my monthly real estate market series, providing updates on both local and national fronts. I’m Makeda Phillander, proudly representing Execuhome Realty and Makeda Real Estate.

Prince George’s County Snapshot: As of this recording, Prince George’s County boasts 872 active listings, with 900 homes pending and178 homes sold this month so far. The average list price sits at $420,192, and the average sold price is $415,000.00, with 521 homes spending an average of 33 days on the market.

Focus on UPPER MARLBORO, MD 20772,20773 & 20792: For a closer look at UPPER MARLBORO, we find 123 active homes, 182 pending, and 12 homes sold, averaging 31 days on the market. The average list price for homes in UPPER MARLBORO is $479,000.00, with an average sold price of $475,000.00.

Market Analysis: These numbers indicate a fast-paced market with low inventory, emphasizing the need for timely and informed decisions. With ever-shifting dynamics, having an experienced agent by your side is crucial to navigate the complexities of the real estate landscape.

Be an Action Taker: If you’re considering making a move in real estate, reach out to my team today for personalized information and strategic planning tailored to your home. Let’s make 2024 your year for successful real estate endeavors!

Contact Information: Makeda Phillander, GRI CIPS
Execuhome Realty – For an exceptional real estate experience
📞 Direct: (443) 929-0703
☎️ Office: (443) 632-3000
📧 Email: makeda@makedarealestate.com