Edgewater MD, 21037
| December |
2009 | 2008 | % Change |
| Sold Dollar Volume | $6,742,000 |
$7,329,100 |
-8.01% |
| Average Sold Price | $561,833 |
$431,124 |
+30.32% |
| Median Sold Price | $482,500 |
$328,000 |
+47.10% |
| Total Units Sold | 12 |
17 |
-29.41% |
| Average Days on Market | 173 |
175 | -1.14% |
| Average List Price for Solds | $631,633 |
$534,429 |
+18.19% |
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
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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