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Davidsonville, Gambrills, Severna Park, MD Foreclosures

Davidsonville, Gambrills, Severna Park MD Foreclosures by Category - March 7, 2010
Zip Codes 21035, 21054, 21146

Foreclosures, while not many in these communities, can occur in some of the most expensive zip codes in MD. You can view these three foreclosures by clicking the link here.

Pre-foreclosure and Auction activity has seen an increase in the past few months.

Foreclosure Categories

Bank Owned (Active Listings)
1/1/1
Preforeclosure
5/11/13
Auction
4/6/10

If you're interested in seeing any Davidsonville, Gambrills, or Severna Park, MD foreclosures, or any other listing in these communities, 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

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Davidsonville MD - Real Estate Statistics, September 2009

  2009 2008 % Change
Sold Dollar Volume $6,624,523 $6,284,900 5.40%
Average Sold Price $662,452 $897,843 -26.22%
Median Sold Price $702,500 $850,000 -17.35%
Total Units Sold 10 7 42.86%
Average Days on Market 116 204 -43.16%
Average List Price for Solds $730,022 $1,138,843 -35.90%

Davidsonville, MD is never an easy zip code to analyze for real estate statistics. Clearly, one of the most expensive areas of Anne Arundel County to live, Davidsonville, MD rarely has monthly sales that are in the double digits.

With the median home price over $700 thousand dollars, this shouldn't be a surprise.

58 of the 73 current active listings in Davidsonville are priced over $700 thousand dollars.

Despite the relatively low number of transactions, Davidsonville, MD has seen a decreasing inventory in the last couple of months. 

If you're looking for an upscale neighborhood, with an easy commute to Washington, DC, Baltimore and Annapolis, Davidsonville, MD is the place to be.

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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

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Davidsonville, MD Real Estate - Attrition Rate

Davidsonville MD is one of the most attractive destinations in the Anne Arundel real estate area. Zip code 21035 certainly has some of the most expensive and exquisite homes for sale.

The family income in Davidsonville from the 2000 Census was over $104,000/family.

Most of Davidsonville homes are situated on parcels of land of over an acre. It retains a distinct rural feel, while being easily accessible to the Annapolis, Baltimore and Washington, DC employment markets. Davidsonville is nestled between Crofton and Annapolis, in Anne Arundel County, MD.

20 of the current 90 homes on the market in Davidsonville are listed for over $1 million dollars. Fully 74 of the 90 active listings are over $600,000 in price. As you can see, Davidsonville homes are at the upper end of the market for this area.

When you put your home on the market in Davidsonville, how long might it be on the market before it sells? This is sometimes called the attrition rate, or churn rate, or inventory turnover rate.

Let's keep it simple and look at all Davidsonville homes.

4 homes sold in June.
3 homes sold in May.
1 home sold in April.

This is the most recent data and more indicative of the current market in Davidsonville. Averaging 3 homes sold per month in the last three months. With 90 homes currently on the market, if no other homes get listed, there is over a two year supply of homes for sale in Davidsonville.

With a home inventory that high, it is clearly a buyer's market for Davidsonville homes. Sellers have to have a terrific home at a great price in order to break out of the pack of homes for sale.

If you're interested in buying or selling in Davidsonville, I can help. Give me a call at your convenience. To search for all active listings in Maryland visit http://www.RichSellsHomes.com.

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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