mdrealestateblog.com

Crofton MD Market Statistics - August 2010

Crofton, MD seemed to have had a sideways trend when comparing real estate data from August 2009 to August 2010. Considering the impact that unemployment, and the economy in general has had on many other real estate markets, Crofton, MD actually did pretty well.

Sales volume increased slightly from $9,072,291 to $9,265,500. An increase of +2.13%. While certainly not significant, it does show that the Crofton, MD real estate market has seemingly stabilized.

Average and median sold prices were relatively flat, as was the total number of units sold. This statistic supports the current pricing strategy of many Crofton, MD homes. No significant increases or decreases.

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. Crofton, MD bargain basement shopping is slipping away, if it was ever really here.

The Crofton, MD real estate market is strong, due largely to our proximity to the employment markets of Washington, DC, and Baltimore.

If you're not already working with an agent to find that perfect Crofton, MD home...I can help.

You can view all the Crofton, MD homes for sale on the map below. Just click on an icon and it will display detailed information on all active Crofton homes listed in the MLS.

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

Crofton, MD is an excellent destination and relocation location for all types of home buyers. Situated between the large employment centers of Baltimore and Washington, DC, Crofton offers an outstanding location for buyers moving or relocating into the area.

Are you relocating into the area to be near Ft. George G. Meade, as a result of the Base Realignment and Closing initiative? Crofton is only fifteen minutes from the base and the NSA complex. With 22,000 jobs scheduled to relocate to the area in the next few years, Crofton, MD is the ideal location to consider.

Crofton, MD is currently offering a wide variety of homes for sale with a decent inventory to choose from. You can find condo, townhouse or single family detached style homes to choose from. Today, there are 171 homes for sale in Crofton, MD. These range in price from $159,900 to $650,000.

The map below shows the first 20 homes in the Crofton, MD home inventory. Click on any of the icons and you will see all Crofton, MD homes for sale, with a good deal of detail. Log in and get automatic email updates when new homes go on the market in Crofton, MD.

If you're not already working with an agent to buy or sell a house in Crofton, MD, or the surrounding area, I can help.

Edgewater MD, 21037

Edgewater, MD has shown a slight, negative sales trend in December.  The average sold and median sold prices showed significant increases, but this was due to a couple of the dozen homes selling in the higher price ranges. This had the tendency to skew the results when only twelve units sold.

Edgewater, MD had an inventory of 186 homes for sale at the end of December, 2009.

Twenty new listings came on the market and ten listings went under contract. Another 4 listings were marked contingent contract. The inventory of homes for sale increased slightly.

Four of the twelve homes that sold were priced over $600,000. While most parts of the county seem to be having their home sales driven by first time home buyers, this wasn't the case for Edgewater, MD during December 2009.

Unlike many other Anne Arundel County communities, days on the market in the 21037 zip code remained pretty much the same. Severna Park, for instance, showed an almost 50% reduction in the number of days on the market.

Edgewater, MD real estate home sales slightly underperformed many other communities in Anne Arundel County for the month of December. 21037 still remains a buyers market.

If you're not already working with a Realtor® to find that perfect Edgewater, MD home, I can help. Call me at 443-995-9595 any time.

SOURCE: Metropolitan Regional Information Systems, Inc.
Information deemed reliable, but is not guaranteed.

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

Crofton MD, 21114

Crofton, MD, what a difference a month makes. Last month, zip code 21114 had an enormous increase in sales. Over 150% in November 2009 compared to 2008. December 2009 shows Crofton, MD with a decrease in sales of -42.39%.

Some of it can be attributed to the bad weather which plagued December. Snow and cold weather tends to keep home buyers inside, and Crofton, MD had plenty of both in December.

At the end of December, Crofton, MD had a total inventory of homes for sale of 119.

Eighteen new listings came on the market and five listings went under contract. Another 8 listings were marked contingent contract. The inventory of homes for sale increased slightly.

All of the December 2009 Crofton, MD home sales were below the $450,000 price range. This contributed to the reductions in Average Sold price.

Days on the market showed a pretty significant decrease compared to December 2008. Crofton, MD showed a 37% reduction in days on the market compared to last year.

Crofton, MD real estate home sales slightly underperformed many other communities in Anne Arundel County for the month of December. 21114 still remains a buyers market.

If you're not already working with a Realtor® to find that perfect Crofton, MD home, I can help. Call me at 443-995-9595 any time.

SOURCE: Metropolitan Regional Information Systems, Inc.
Information deemed reliable, but is not guaranteed.

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

Odenton MD, 21113

Several of the Odenton, MD home sales statistics looked better in November, 2009 compared to November, 2008.

More units are being sold, but in the lower price ranges. 32 of the 33 sales were in the price range under $500,000, while fully 25 of the 33 listings were under the $350,000 price range.

During the month of November, 2009, 41 new listings were added to the Odenton, MD home inventory, while 33 were sold.

In a peek at the near term future, 31 homes went under one of the various contract categories. Despite that, more houses were added to the Odenton MD inventory in November, than went off.

From the data, it looks like first time home buyers were fueling the Odenton, MD home sale increases in November, 2009. That makes sense since there was an urgency to buy because the $8,000 tax credit was set to expire on November 31st. That has since been changed by Congress taking some of the sense of urgency off first time home buyers.

It certainly was a nice month for Odenton real estate sales. Let's see if the trend can continue now that some of the pressure is off 1st time home buyers getting into a home quickly. They have an extra four months now to still qualify for up to an $8,000 tax credit.

If you're not already working with a Realtor® to find that perfect Odenton, MD home, I can help. Call me at 443-995-9595 any time.

SOURCE: Metropolitan Regional Information Systems, Inc.
Information deemed reliable, but is not guaranteed.

If you're SEARCHING for a home anywhere in Maryland, click here to view ALL ACTIVE LISTINGS.

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

Odenton, MD real estate sales in September, 2009 compared to the same month in 2008 were not trending upward.

The number of units sold was almost the same so the reduction in average prices is reflective of the price ranges that are active. 24 of the total 26 homes sold in Odenton, MD during the month of September, 2009 were under $400,000.

Crofton, MD, a neighboring community had 8 homes sold over $500,000.

The Odenton, MD homes for sale inventory remains high at 198. It grew slightly since 42 new listings came on the market while 26 were settled.

Taking a peek at the future it looks like the trend is turning around. 38 homes went into one of the contract stages.

Interestingly, houses are selling faster in Odenton, MD in September of this year compared to last, even while the inventory continues to grow.

If you're SEARCHING for a home anywhere in Maryland, click here to view ALL ACTIVE LISTINGS.

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