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Bowie MD Real Estate - Status for Week Ending 03/27/10

The current inventory for Bowie, MD homes for sale and rentals is 512. This amount of inventory is significanly higher that most surrounding communities, and is consistent with the current Bowie real estate market.

As you can see from the chart below, thirty eight new listings came on the market in Bowie MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Fourteen of the new listings were priced below $250,000, a nice price range for first time home buyers for Bowie, MD. The most expensive new listing was a 4 br, 3 bath house in the Woodmore section listed for $667,000.

Four new rental listings came on the market this past week. The current rental market is very robust and competitive in Bowie, MD.

Forty eight properties changed or moved into a form of Contract status. Thirty of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Twenty two new home buyers completed the purchase process and went to settlement last week in Bowie, MD.

If you're looking to purchase or sell a home in Bowie, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Severn MD Real Estate 21144 - Status for Week Ending 03/20/10

The current Active MLS inventory for Severn, MD homes is 165. 12 of these are rentals, 4 are mobile homes and 149 are homes for sale.

As you can see from the chart below, thirteen new listings came on the market in Severn MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Eight of the new listings were priced below $250,000, a nice price range for first time home buyers for Severn, MD. Two condos were actually listed for under $60,000. The largest of the new listings was a 4 br, 3.5 bath house in The Provinces section listed for $375,000.

One new rental listings came on the market this past week. Being the locality where Ft. Meade is located, the current rental market is very robust and competitive in Severn, MD.

Ten properties moved into or changed a form of Contract status. Six of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Six new home buyers completed the purchase process and went to settlement last week in Severn, MD.

If you're looking to purchase or sell a home in Severn, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Severna Park MD Real Estate 21146 - Status for Week Ending 03/27/10

The current Active MLS inventory for Severna Park, MD homes is 178. 6 of these are rentals and 172 are homes for sale.

As you can see from the chart below, fifteen new listings came on the market in Severna Park MD last week. None of the new listings seemed to be in the range for first time home buyers.  The least expensive listing was 3 br, 2 bath listed for $279,900. The largest of the new listings was a 4 br, 2.5 bath house in the Lower Magothy Beach section listed for $1,179,000.

Three new rental listings came on the market this past week. A bit of an explanation on this though. One house is actually listed three times, once for the basement, once for the main house, and once for both.

Twelve properties moved into or changed a form of Contract status. Eight of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Two new home buyers completed the entire purchase process and went to settlement last week in Severna Park, MD.

If you're looking to purchase or sell a home in Severna Park, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Odenton MD Real Estate 21113 - Status for Week Ending 03/27/10

The current Active inventory for Odenton, MD homes is 188. 38 of these are rentals and 150 are homes or condos for sale.

As you can see from the chart below, twenty new listings came on the market in Odenton MD last week. The Spring market seems to have come to Odenton a couple of weeks early. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Eight of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 3 br, 3 bath house in the Piney Orchard section listed for $419,000.

Seven new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD.

Eighteen properties moved into or changed a form of Contract status. Nine of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Six new home buyers completed the purchase process and went to settlement last week on their new Odenton, MD home.

If you're looking to purchase or sell a home in Odenton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Crofton MD Real Estate, 21114 - Status for Week Ending 03/27/10

The current Active inventory for Crofton, MD homes is 134. 13 of these are rentals and 121 are homes for sale.

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. Only one of these new listings was below $250,000, a decent price range for first time home buyers in Crofton, MD. The largest of the new listings was a 5 br, 3.5 bath house in the Crofton Chase section listed for $524,999.

Two new rental listings came on the market this past week. The current rental market is very robust and competitive in Crofton, MD.

Fifteen properties moved into a form of Contract status. Eight of these properties moved into full contract status. This is a future indicator of settlements to come in the near future. Contract status is a good indicator that all contingencies are removed, except possibly financing.

Five home owners completed the home sale process and went to settlement last week in Crofton, MD.

If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Crofton Woods is a wonderful sub-division located within the Crofton Triangle. While most of the homes in the Crofton Triangle were built in the late 1960's to early 1970's, Crofton Woods homes were built in the mid 1990's. Not only do home owners in Crofton Woods have the advantage of being in the triangle, they also enjoy the benefits of newer homes.

The special tax district of Crofton, MD, enjoys one of the best locations in Maryland. Crofton is located in between the two largest employment markets in the area, Baltimore about 30 minutes to the North, and Washington, DC, about 30 minutes to the South.

Crofton is also about 15 minutes from Annapolis and the varied leisure activities of the Cheasapeake Bay. Ft. Meade, one of the largest employers in the State, and projected to grow by about 22,000 additional jobs in the coming decade, is located about fifteen minutes from Crofton, MD. When the Base Realignment and Closure (BRAC) is completed, Ft. Meade will employ more people than the Pentagon. Crofton, MD will be a destination point for many employees relocating in to Ft. Meade.

Crofton Woods consists of 173 single family detached homes. One of the three Crofton Elementary Schools is located in Crofton Woods. All graduating students from Crofton Woods Elementary feed the Blue Ribbon Crofton Middle School.

Crofton Woods residents apparantly like to stay in the area. There have only been two homes listed and sold in Crofton Woods in the past year. Only one home in the Crofton Woods sub-division is currently Active in the MLS, and can be viewed here.

Crofton Woods is located in the Southwest corner of the Crofton Triangle with easy access to Rt. 3 and Rt. 450 commuting routes.

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

Bowie MD Real Estate - Status for Week Ending 03/20/10

The current inventory for Bowie, MD homes for sale and rentals is 509. This amount of inventory is significanly higher that most surrounding communities, and is consistent with the current Bowie real estate market.

As you can see from the chart below, fourty one new listings came on the market in Bowie MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Eleven of the new listings were priced below $250,000, a nice price range for first time home buyers for Bowie, MD. The largest of the new listings was a 6 br, 4 bath house in the Canterbury Heights section listed for $565,000.

Six new rental listings came on the market this past week. The current rental market is very robust and competitive in Bowie, MD.

Fourty eight properties moved into a form of Contract status. Twenty five of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Sixteen home buyers completed the purchase process and went to settlement last week in Bowie, MD.

If you're looking to purchase or sell a home in Bowie, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Severn MD Real Estate 21144 - Status for Week Ending 03/20/10

The current inventory for Severn, MD homes is 159. 14 of these are rentals and 145 are homes for sale. Several of these are mobile homes which are included in the MLS inventory.

As you can see from the chart below, sixteen new listings came on the market in Severn MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Four of the new listings were priced below $250,000, a nice price range for first time home buyers for Severn, MD. The largest of the new listings was a 4 br, 3 bath house in the Fourwinds section listed for $529,000.

Two new rental listings came on the market this past week. Being the locality where Ft. Meade is located, the current rental market is very robust and competitive in Severn, MD.

Fifteen properties moved into a form of Contract status. Six of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Five homes completed the purchase process and went to settlement last week in Severn, MD.

If you're looking to purchase or sell a home in Severn, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Severna Park MD Real Estate 21146 - Status for Week Ending 03/20/10

The current inventory for Severna Park, MD homes is 164. 5 of these are rentals and 159 are homes for sale.

As you can see from the chart below, sixteen new listings came on the market in Severna Park MD last week. None of the new listings seemed to be in the range for first time home buyers.  The least expensive listing was 4 br, 3.5 bath listed for $325,000. The largest of the new listings was a 2 br, 3 bath house in the Magothy Beach section listed for $769,900.

One new rental listing came on the market this past week.

Eight properties moved into a form of Contract status. Three of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Eight homes completed the purchase process and went to settlement last week in Severna Park, MD.

If you're looking to purchase or sell a home in Severna Park, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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

Odenton MD Real Estate 21113 - Status for Week Ending 03/20/10

The current inventory for Odenton, MD homes is 180. 34 of these are rentals and 146 are homes for sale.

As you can see from the chart below, fourteen new listings came on the market in Odenton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Six of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 4 br, 2.5 bath house in the Seven Oaks section listed for $420,000.

Six new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD.

Sixteen properties moved into a form of Contract status. Nine of these properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Nine homes completed the purchase process and went to settlement last week in Odenton, MD.

If you're looking to purchase or sell a home in Odenton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

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