Lower Eastern Shore, Md. – The local real estate market is seeing increased inventory and pending contracts compared to last year, according to the latest numbers from the Coastal Association of REALTORS® (CAR).
 
September 2017 saw a 14.2 percent jump in single family home and condominium listings compared to the same time last year in Somerset, Wicomico, and Worcester counties. Individually, single family home listings increased by 8.4 percent in Worcester County, by 13.7 percent in Wicomico County, and by 15.8 percent in Somerset County. Condominium listings increased by 20 percent in Worcester County and by 100 percent in Somerset County, while Wicomico County saw a 22.2 percent decrease.
 
Pending contracts were also up overall in the Tri-County area by 26.5 percent. Individually, single family home contracts were up by 38.6 percent in Worcester County and by 33.3 percent in Somerset County, but were...