| October - 2009 |
2009 | 2008 | % Change |
| Sold Dollar Volume | $8,616,700 | $6,271,700 | +37.39% |
| Average Sold Price | $319,137 | $391,981 | -18.58% |
| Median Sold Price | $308,000 | $355,000 | -13.24% |
| Total Units Sold | 27 | 16 | +68.75% |
| Average Days on Market | 83 | 79 | +5.06% |
| Average List Price for Solds | $340,054 | $412,113 | -17.49% |
Several of the Crofton, MD home sales statistics looked better in October, 2009 compared to October 2008.
More units are being sold, but in the lower price ranges. 25 of the 27 sales were in the price range under $500,000, while fully 22 of the 27 listings were under the $400,000 price range.
During the month of October, 2009, 37 new listings were added to the Crofton, MD home inventory, while 27 were sold.
In a peek at the near term future, 46 homes went under one of the various contract categories. Despite that, more houses were added to the Crofton MD inventory in October, than went off.
From the data, it looks like first time home buyers were fueling the Crofton, MD home sale increases in October. 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.
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.
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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
©2009 - RichSellsHomes, All Rights Reserved
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).
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Richard,
This is a very nice year over year look at your area. Maybe the lower price nad increase in units sold are the answer.
DON: Even better...I had two of the sales.
Hi Richard, it looks to me like you are doing similar to us...working harder, selling more, but for less! No compliants here...things are selling and I've never been afraid to work hard!
Nice post...keep up the good work!
I would conclude that your market has responded there in Crofton!
That's great news...
Hey Rich... Did you see the movie Harry and the Hendersons?
Richard, it sure looks like your stats indicate increased activity in your market. We're seeing the same and I'll be posting my graphs later today.