mdrealestateblog.com

head_left_image

Crofton MD Foreclosures

Crofton MD Foreclosures by Category

Although Crofton, MD is not a hotbed of foreclosure activity, they do occur. As you can see from the table below, three are only three Active foreclosures in Crofton, MD today. You can view these three foreclosures by clicking the link here.

Foreclosure Categories

Bank Owned
3
Preforeclosure
17
Auction
16

If you're interested in seeing any Crofton, MD foreclosure, or any listing in Crofton, MD, 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

TwitterFacebookLinked In

 

Crofton MD Rentals

The Crofton MD rental market continues to be robust. With the high military presence and relocating employees into the area, quality rental listings can be difficult to find.

You have to act fast to identify the best rental opportunities for you in this market. You can search and sign up here to receive an email when new rental listings come on the market for any community in Maryland. Every time a new rental is entered into the Multiple Listing Service, you will be notified by email the next morning. How easy is that?

If you're not already working with a REALTOR® to find a Crofton, MD rental, I can help.

Crofton MD Rentals

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

TwitterFacebookLinked In

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

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

 

Crofton MD Market Statistics - January 2010

Crofton MD Market Statistics - January 2010

As you can see in every sales category, Crofton MD did extremely well comparing January, 2010 to January, 2009.

Sales volume and units sold increased 205% and 160% 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, Crofton 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 Crofton, MD real estate market. The average days on market decreased -47% year over year. On average, in January 2010, Crofton homes for sale were taking about three months. Not bad and an indicator that the market is beginning to trend towards sellers. The average list price for homes sold also increased a respectable +13%. This was unexpected since there is still a good deal of first time home buyer activity in the market now.

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 significant increase in this indicator year over year. Crofton, MD bargain basement shopping is slipping away, if it was ever really here.

Nobody is going to dispute that the Crofton MD real estate statistics for January, 2010 were fantastic. Sustainable, is another story. Most agents I talk to do see the Crofton MD market getting better, but not to the degree that we saw last month.

January
2009 2010 % Change
Sold Dollar Volume $1,342,000
$4,102,172
+205.68%
Average Sold Price $268,400
$315,552
+17.57%
Median Sold Price $250,000
$290,000
+16.00%
Total Units Sold 5
13
+160%
Average Days on Market 164
86
-47.56%
Average List Price for Solds $297,360
$337,169
+13.39%
Average Sale as a % of Average List Price:
93.59%
90.26%

 


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 Real Estate - Status for Week Ending 02/06/10

Crofton MD Real Estate - Status for Week Ending 02/06/10

The current inventory for Crofton, MD homes is 128. 19 of these are rentals and 109 are homes for sale.

As you can see from the chart below, ten new listings came on the market in Crofton 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 Crofton, MD. The largest of the new listings was a 3 br, 2.5 bath house in the Crofton Highlands section listed for $550,000.

Three new rental listings came on the market and one had applications registered. Six homes completed the rental process and were marked Rented. The current rental market is very robust and competitive in Crofton, MD.

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

Four Crofton MD homes were marked SOLD and went to settlement.

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

New ACTIVE Listings
10
New RENTAL Listings
3
Listings marked CNTG/KO
1
Listings marked CNTG/NO KO
3
Rental Application Registered
1
Listings marked CONTRACT
3
Listings marked SOLD
4
Rentals marked RENTED
6
Listings TEMP OFF MARKET
1
Listings marked EXPIRED
0
Listings marked WITHDRAWN
1


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

©2009 - RichSellsHomes, All Rights Reserved

 

Crofton MD Real Estate - Status for Week Ending 01/30/10

Crofton MD Real Estate - Status Week Ending 01/30/10

As you can see from the chart below, twelve new listings came on the market in Crofton 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 Crofton, MD. The largest of the new listings was a 5 br, 3.5 bath house in the Walden section listed for $569,900.

Six new rental listings came on the market and three had applications registered. Six homes completed the rental process and were marked Rented. The current rental market is very robust in Crofton, MD.

Five properties moved into some sort of Contract status. This is a future indicator of settlements to come in the near future.

Five Crofton MD homes were marked SOLD and went to settlement.
If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

New ACTIVE Listings
12
New RENTAL Listings
6
Listings marked CNTG/KO
0
Listings marked CNTG/NO KO
2
Rental Application Registered
3
Listings marked CONTRACT
3
Listings marked SOLD
5
Rentals marked RENTED
6
Listings TEMP OFF MARKET
0
Listings marked EXPIRED
0
Listings marked WITHDRAWN
5


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

©2009 - RichSellsHomes, All Rights Reserved

 

Crofton MD Real Estate - Status for Week Ending 01/23/10

Crofton MD Real Estate - Status Week Ending 01/23/10

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Two of the new listings were priced below $200,000, which is pretty rare for Crofton, MD. The largest of the new listings was a 4 br, 3.5 bath house in the Walden section listed for $575,000.

Five new rental listings came on the market and five had applications registered. Right now, the rental market is very robust in Crofton, MD.

Seven properties moved into some sort of Contract status. This is a future indicator of settlements to come in the near future.

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

New ACTIVE Listings
10
New RENTAL Listings
5
Listings marked CNTG/KO
1
Listings marked CNTG/NO KO
4
Rental Application Registered
5
Listings marked CONTRACT
2
Listings marked SOLD
4
Rentals marked RENTED
0
Listings TEMP OFF MARKET
1
Listings marked EXPIRED
1
Listings marked WITHDRAWN
1


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

©2009 - RichSellsHomes, All Rights Reserved

 

 

 

Crofton MD Real Estate - Market Statistics, December 2009

Crofton MD, 21114

December
2009 2008 % Change
Sold Dollar Volume $4,012,300
$6,964,900
-42.39%
Average Sold Price $308,638
$331,666
-6.94%
Median Sold Price $305,000
$291,000
+4.81%
Total Units Sold 13
21
-38.10%
Average Days on Market 59
94
-37.23%
Average List Price for Solds $328,776
$366,824
+10.37%

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

twitterfacebook logolinked in logoar raindrop


Crofton MD Real Estate - Foreclosures, Short Sales and Resales in Zip Code 21114

Crofton MD Real Estate

The current housing inventory for Crofton MD, zip code 21114, stands at 95 homes for sale.

$148,750 - $199,999     11 Units for sale

$200,000 - $299,999     33

$300,000 - $399,999     20

$400,000 - $499,999     15

$500,000 - $599,999     11

$600,000 - $699,999     5

Of the 95 homes for sale in Crofton MD, 5 of these are bank owned foreclosures and 14 are potential short sales.

Whether you're a first time home buyer, or a move up buyer, there is a good selection of homes to choose from, in several price ranges.

If you're not already working with an agent searching for a home in Crofton, MD, or the surrounding area...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

twitterfacebook logolinked in logoar raindrop