You might ask, "what exactly is a seller's market"? Simply put, it's when there are more buyers than there are houses for sale. Prices rise in seller’s markets due to strong demand and inadequate supply. Over the last 12 months more than 1600 properties have sold in Upper Marlboro. Yet, there are currently only 400 homes for sale or "active" in Upper Marlboro.
If you are a potential home buyer in Upper Marlboro, chances are the "seller" may receive multiple offers on his/her home. In this case the seller will want a full price offer and is more likely to pay only half of your closing costs. Still not a bad deal though!
If you are looking to buy or sell a home in Upper Marlboro, MD consult with me and I'll give you the best possible real estate market advice available. Contact me at 240-535-1855 or mailto:email@example.com