If there are two localities in Anne Arundel County Maryland that are difficult to forecast for real estate, it’s Gambrills (zip code 21054) and Davidsonville (zip code 21035). The reason for the difficulty is largely due to the small number of sales that occur every month. Small fluctuations in sales can produce significant percent differences. For example, it’s rare for Davidsonville to exceed eight sales per month. Of course, you have to keep in mind that the average sold price in Davidsonville is over $500,000. When you’re in that price range, the buyer pool is not that large.
The Gambrills, MD, total sold the dollar volume for December 2011 was down 61% from December of the previous year. Keep in mind though, that this was a result of four additional sales in December 2010. Not much of a base to be able to predict real estate sales.
Davidsonville, MD, on the other hand increased sales volume by 135%. Again, keep in mind that we’re dealing with small numbers here, three sales in December 2010, and seven sales in December 2011.
If you’re in the market to buy a home in a rural setting, there are some great opportunities in both Gambrills and Davidsonville, MD.
The Gambrills, MD, total sold the dollar volume for December 2011 was down 61% from December of the previous year. Keep in mind though, that this was a result of four additional sales in December 2010. Not much of a base to be able to predict real estate sales.
Davidsonville, MD, on the other hand increased sales volume by 135%. Again, keep in mind that we’re dealing with small numbers here, three sales in December 2010, and seven sales in December 2011.
If you’re in the market to buy a home in a rural setting, there are some great opportunities in both Gambrills and Davidsonville, MD.
If there are two localities in Anne Arundel County Maryland that are difficult to forecast for real estate, it’s Gambrills and Davidsonville. The reason for the difficulty is largely due to the small number of sales that occur every month. Small fluctuations in sales can produce significant percent differences. For example, it’s rare for Davidsonville to exceed eight sales per month. Of course, you have to keep in mind that the average sold price in Davidsonville is over $500,000. When you’re in that price range, the buyer pool is not that large.
The Gambrills, MD, total sold the dollar volume for December 2011 was down 61% from December of the previous year. Keep in mind though, that this was a result of four additional sales in 2010. Not much of a base to be able to predict real estate sales.
Davidsonville, MD, on the other hand increased sales volume by 135%. Again, keep in mind that we’re dealing with small numbers here, three sales in December 2010, and seven sales in December 2011.
If you’re in the market to buy a home in a rural setting, there are some great opportunities in both Gambrills and Davidsonville, MD.
The Gambrills, MD, total sold the dollar volume for December 2011 was down 61% from December of the previous year. Keep in mind though, that this was a result of four additional sales in 2010. Not much of a base to be able to predict real estate sales.
Davidsonville, MD, on the other hand increased sales volume by 135%. Again, keep in mind that we’re dealing with small numbers here, three sales in December 2010, and seven sales in December 2011.
If you’re in the market to buy a home in a rural setting, there are some great opportunities in both Gambrills and Davidsonville, MD.
If you’re not already working with an agent I can help. Call Rich at 443-995-9595 for buyer representation for your Gambrills were Davidsonville home purchase.
Rich Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).
SKYPE ME: RichSellsHomes
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All information is deemed reliable but should be independently verified. Property information is subject to change without notice.
This time of year in Maryland there are all kinds of "FESTS" going on during the weekends. Tomato Fest, Mum Fest, Art Fest...you name it, we have them. Finally, someone created a FEST that Rich will attend voluntarily, instead of having to be dragged to by my wife. Announcing the "HARVEST BEER FEST."
The Fall Festival starts at 11 AM and runs until 4 PM on both Saturday and Sunday, October 23 and 24.
