From hitting bottom in 2011, housing prices in Prince George’s County have risen 60% — one of the strongest rebounds in the mid-Atlantic. As reported in The Baltimore Business Journal:
New data from Long & Foster Real Estate Inc. shows the median price of a house or a condo that sold in Prince George’s County in May was up 12 percent from May 2014, to $243,000. Sales were up 3 percent and the number of residential properties on the market is down 29 percent from a year ago.
And sellers in Prince George’s County are largely getting what they want, with the average list to sale price in May of 99.1 percent.
For more information read the full article in The Baltimore Business Journal.