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Severna Park MD Housing Inventory - February 27, 2010

Severna Park, MD 21146 Housing Inventory

If you're searching for a home in Severna Park, MD, you have a wide variety of homes to choose from in many upper price ranges. Severna Park, MD is one of the choice destination communities in Anne Arundel County, Maryland.

Severna Park, MD has a number of excellent homes to choose from if you're relocating into the area as a result of the Base Realignment and Closing initiative, BRAC.

Price Range
 Inventory
$100,000 - $149,999
 0
$150,000 - $199,999
 1
$200,000 - $249,999
 1
$250,000 - $299,999
 5
$300,000 - $349,999
 12
$350,000 - $399,999
 15
$400,000 - $449,999
 18
$450,000 - $499,999
 9
$500,000 - $549,999
 14
$550,000 - $599,999
 10
$600,000 - $649,999
 9
$649,999 - $699,999
 14
$700,000 - $799,999
 11
$800,000 - $999,999
 11
$1,000,000 - $2,000,000
 16
$2,000,000 - $5,000,000
 2
$5,000,000 - $10,000,000
 0
Over $10,000,000
 1

 

If you're not already working with a Realtor, I can help you find the perfect Severna Park home.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Severna Park MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

0 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 27 2010 08:51PM

Severn MD Housing Inventory - February 27, 2010

Severn, MD 21144 - Housing Inventory

If you're searching for a home in Severn, MD, you have a wide variety of homes to choose from in many price ranges. Whether you're a first time home buyer, or a move up buyer, Severn, MD should be one of your search destinations.

Severn, MD is an attractive choice for employees relocating to Ft. Meade as a result of the Base Realignment and Closing initiative, BRAC.

Price Range
 Inventory
Under $100,000
 16
$100,000 - $149,999
 6
$150,000 - $199,999
 8
$200,000 - $249,999
 4
$250,000 - $299,999
 16
$300,000 - $349,999
 26
$350,000 - $399,999
 10
$400,000 - $449,999
 17
$450,000 - $499,999
 16
$500,000 - $549,999
 4
$550,000 - $599,999
 5
$600,000 - $649,999
 3
$649,999 - $699,999
 4
Over $700,000
 4

If you're not already working with a Realtor, I can help you find the perfect Severn home.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Severn MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

1 comment • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 27 2010 08:39PM

Odenton MD Inventory - February 27, 2010

Odenton, MD 21113

If you're searching for a home in Odenton, MD, you have a wide variety of homes to choose from in many price ranges. Whether you're a first time home buyer, or a move up buyer, Odenton, MD should be one of your search destinations.

Adjacent to Ft. Meade, Odenton, MD is an excellent choice for buyers relocating into the area as a result of the Base Realignment and Closing initiative, BRAC.

Price Range
 Inventory
Under $100,000
 1
$100,000 - $149,999
 2
$150,000 - $199,999
 5
$200,000 - $249,999
 30
$250,000 - $299,999
 45
$300,000 - $349,999
 22
$350,000 - $399,999
 22
$400,000 - $449,999
 8
$450,000 - $499,999
 3
$500,000 - $549,999
 1
$550,000 - $599,999
 3
$600,000 - $649,999
 1
$649,999 - $699,999
 0
Over $700,000
 2

If you're not already working with a Realtor, I can help you find the perfect Odenton home.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Odenton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

1 comment • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 27 2010 08:10PM

Crofton MD Inventory - February 27, 2010

Crofton, MD 21114

If you're searching for a home in Crofton, MD, you have a wide variety of homes to choose from in many price ranges. Whether you're a first time home buyer, or a move up buyer, Crofton, MD should be one of your search destinations.

Price Range
 Inventory
Under $100,000
 0
$100,000 - $149,999
 1
$150,000 - $199,999
 12
$200,000 - $249,999
 36
$250,000 - $299,999
 18
$300,000 - $349,999
 14
$350,000 - $399,999
 5
$400,000 - $449,999
 4
$450,000 - $499,999
 5
$500,000 - $549,999
 7
$550,000 - $599,999
 8
$600,000 - $649,999
 4
$649,999 - $699,999
 2
Over $700,000
 0

If you're not already working with a Realtor, I can help you find the perfect Crofton home.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

1 comment • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 27 2010 07:48PM

Severna Park MD Foreclosures - February 2010

Severna Park MD Foreclosures

Foreclosure Categories
Bank Owned
 1
Preforeclosure
 14
Auction
 10

Severna Park MD Bank Owned Properties - 02/21/10

Address
 Price
 BR/FB/HB
 Listing Courtesy
83 Hoyle Lane
 $425,000
 4/4/0
 RE/MAX LE

If you're interested in seeing a Severn MD foreclosure, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

0 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 09:24PM

Severn MD Foreclosures - February 2010

Severn MD Foreclosures

Foreclosure Categories
Bank Owned
 13
Preforeclosure
 39
Auction
 23

Severn MD Bank Owned Properties - 02/21/10

Address
 Price
 BR/FB/HB
 Listing Courtesy
1642 Shannon Cir.
 $64,900
 3/2/0
 ABR
652 Queenstown
 $99,000
 0/0/0
 Long and Foster
8207 Durness Ct.
 $69,900
 3/1/1
 Century 21
1710 Severn Rd.
 $199,900
 4/2/1
 Mt. Vernon Realty
26 Telegraph Rd.
 $20,000
 3/2/0
 ABR
7927 Jasons Landing.
 $363,000
 4/2/2
 Coldwell Banker
1847 Arwell Ct.
 $40,100
 3/1/0
 Mt. Vernon Realty
7930 Tower Court Rd.
 $235,000
 3/2/0
 Coulter Realty
8228 Lexington Dr.
 $144,900
 3/1/1
 Weichert
7613 Franklin Ave.
 $419,900
 4/2/1
 New Focus Realty
837 Reece Rd.
 $146,900
 3/2/0
 RE/MAX
8215 Coatsbridge
 $56,000
 3/1/1
 Long and Foster
1302 Redmore Ct.
 $399,900
 5/2/1
 Long and Foster

If you're interested in seeing a Severn MD foreclosure, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

0 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 09:17PM

Odenton MD Foreclosures - February 2010

Odenton MD Foreclosures

Foreclosure Categories
Bank Owned
 7
Preforeclosure
 41
Auction
 27

Odenton MD Bank Owned Properties - 02/21/10

Address
 Price
 BR/FB/HB
 Listing Courtesy
8600 Roaming Ridge Way
 $280,000
 2/2/0
 Fairfax Realty
505 Realm Ct.
 $184,000
 3/2/0
 Coldwell Banker
2973 Conway Road
 $139,900
 3/2/0
 Century 21
2042 Astible Way
 $259,000
 3/2/1
 Century 21
1255 Collins Ave.
 $183,900
 3/2/0
 Maryland REO
237 Eisenhower Ct.
 $284,900
 4/2/2
 Century 21
1909 Camelia
 $227,900
 3/2/1
 Century 21

If you're interested in seeing an Odenton MD foreclosure, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

2 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 08:45PM

Crofton MD Foreclosures - February 2010

Crofton MD Foreclosures by Category

Foreclosure Categories
Bank Owned
 5
Preforeclosure
 19
Auction
 14

Crofton MD Bank Owned Properties For Sale

Address
 Price
 BR/FB/HB
 Listing Courtesy
1923 Encino Dr.
 $140,000
 2/1/0
 Keller Williams
2408 Lizbec Ct.
 $173,900
 2/1/0
 Century 21
1621 New Windsor Ct.
 $170,000
 3/1/1
 Champion
2537 Windy Oak Ct.
 $319,000
 3/2/2
 Keller Williams
1745 Leisure Way
 $152,500
 2/1/0
 Exit Realty

If you're interested in seeing a Crofton MD foreclosure, I can help.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

 

1 comment • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 08:25PM

Severna Park MD Market Statistics - January 2010

Severna Park MD Market Statistics - January 2010

As you can see, in most real estate sales categories, Severna Park MD did extremely well comparing January, 2010 to January, 2009.

Sales volume and units sold increased 135% and 171% respectively. The base is low, making it difficult to determine an accurate market assessment based on units alone. While the increase year over year was significant, Severna Park typically sells around 20 homes per month, on average. Winter months are always difficult to project because of severe weather fluctuations and relatively low number of sales.

Several other indicators can help to see what's going on in the Severna Park, MD real estate market. The average days on market decreased -16% year over year. On average, in January 2010, Severna Park MD homes for sale were taking about six months. Not great but the decreasing indicator shows that the market is beginning to trend towards sellers. The average list price for homes sold also decreased slightly at -13%.

Another significant data point is the Average Sale Price as a % of Average List Price. Higher percentages favor sellers. As you can see there was a slight increase in this indicator year over year. Severna Park, MD has never been a bargain basement home sale market.

Average sold and median prices showed significant decreases. This could be reflective of lower priced homes being sold since the average list price was down over $100K from last year.

Nobody is going to dispute that the Severna Park MD real estate statistics for January, 2010 were fantastic. Sustainable, is another story. As the year progresses, Severna Park, MD should beging to show normal and sustainable increases year over year.

 

January
 2009 2010 % Change
Sold Dollar Volume $4,144,105
 $9,753,750
 +135.36%
Average Sold Price $592,015
 $513,355
 -13.29%
Median Sold Price $575,000
 $400,000
 -30.43%
Total Units Sold 7
 19
 +171.43%
Average Days on Market 203
 170
 -16.26%
Average List Price for Solds $709,957
 $603,437
 +15.00%
Average Sale as a % of Average List Price:
 83.39%
 85.07%

 

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

1 comment • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 07:39PM

Severn MD Market Statistics - January 2010

Severn MD Market Statistics - January 2010

Compared to 2009, January 2010 Severn MD real estate home sales showed a downtrend in most categories.

While sales volume decreased slightly at -1.30%, the number of units sold increased +16.67%. This is an indicator that more homes were selling in the lower price categories. The base for home sales is low, making it difficult to determine an accurate market assessment based on units and volume alone. Winter months are always difficult to project because of severe weather fluctuations and relatively low number of home sales.

Several other indicators can help to see what's going on in the Severn, MD real estate market. The average days on market decreased slightly at -5.81% year over year. A decrease that low doesn't really identify a trend from being a buyers market, to becoming more of a sellers market. The average list price for homes sold also decreased -12.79%.

Another significant data point is the Average Sale Price as a % of Average List Price. Higher percentages favor sellers, lower percentages favor buyers. This is another area that Severn MD showed an decrease. Homes are not selling closer to list price than they did just one year ago at this time. Severn MD home buyers have to be happy about that development.

Most agents I talk to do see the Severn MD market getting better as the year progresses. Severn MD should see a net gain in home sales once the BRAC transferees begin moving into the area later this year.

 

January
 2009 2010 % Change
Sold Dollar Volume $3,752,800
 $3,704,000
 -1.30%
Average Sold Price $312,733
 $264,571
 -15.40%
Median Sold Price $289,000
 $266,250
 -7.87%
Total Units Sold 12
 14
 +16.67%
Average Days on Market 86
 81
 -5.81%
Average List Price for Solds $340,260
 $296,749
 -12.79%
Average Sale as a % of Average List Price:
 91.91%
 89.16%

 

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

0 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • February 21 2010 07:00PM