Housing sales rise for 3rd month, with a 54% increase over 1992 HARFORD COUNTY BUSINESS

September 12, 1993|By Frank Lynch | Frank Lynch,Staff Writer

Housing sales in Harford County increased for the third consecutive month over 1992 figures, according to information provided by the Central Maryland Multiple Listing Service.

A total of 276 contracts were settled in August, an increase of 54 percent over August 1992, when 179 contracts reached settlement. The increase ranked second only to Carroll County's, which topped the area with 215 settled contracts, up 65 percent over 130 in August 1992.

Settled contracts for the region, which takes in Harford, Carroll, Howard and Baltimore counties along with Baltimore City, rose 23 percent over August 1992 figures, with 1,912 settled last month.

arford's settled dollar total of $37,765,424 was the pacesetter for the region, with a 63 percent increase over last year's figure.

A total of $257,686,366 was settled last month in the region, an increase of 27 percent over the August 1992 figure of $202,509,364.

Pending contracts also increased last month. They were up 8 percent across the region and 2 percent in Harford, where 188 contracts are awaiting settlement.

Harford is the year-to-date regional leader in both settled contracts and total dollar volume.

The average price of a home in Harford showed a 5 percent increase, from $129,139 in August 1992 to $136,614 in August 1993. The regional increase was 2 percent, from $131,381 in 1992 to $134,731 in 1993.

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