Laurel real estate is located in four different counties.   The four counties are Montgomery, Howard, Prince Georges and Ann Arundel counties.  Each of these counties have their own absorption rate.  If you remember, an absortion rate describes what percentage of homes in a given market sell within thirty days.  Any aborption rate below 23 percent indicates a buyer’s market.  The lower the percentage, the stronger the buyer market.

In Montgomery county the absortion rate is 19 percent.  In Prince Georges county the absortion rate is 13 percent.  Howard county has an absortion rate of 12 percent, followed by Ann Arundel county at 10 percent.

All four counties are solid buyer markets, with Ann Arundel being the strongest buyer’s market with an absortion rate of ten percent.

For more information about home sales in Maryland counties, visit Maryland real estate.