Crofton MD Real Estate, 21114 - Status for Week Ending 03/27/10
The current Active inventory for Crofton, MD homes is 134. 13 of these are rentals and 121 are homes for sale.
As you can see from the chart below, ten new listings came on the market in Crofton MD last week. Only one of these new listings was below $250,000, a decent price range for first time home buyers in Crofton, MD. The largest of the new listings was a 5 br, 3.5 bath house in the Crofton Chase section listed for $524,999.
Two new rental listings came on the market this past week. The current rental market is very robust and competitive in Crofton, MD.
Fifteen properties moved into a form of Contract status. Eight of these properties moved into full contract status. This is a future indicator of settlements to come in the near future. Contract status is a good indicator that all contingencies are removed, except possibly financing.
Five home owners completed the home sale process and went to settlement last week in Crofton, MD.
If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.
| New ACTIVE Listings |
9 |
| New RENTAL Listings |
1 |
| Listings marked CNTG/KO |
2 |
| Listings marked CNTG/NO KO |
5 |
| Rental Application Registered |
4 |
| Listings marked CONTRACT |
8 |
| Listings marked SOLD |
5 |
| Rentals marked RENTED |
4 |
| Listings TEMP OFF MARKET |
3 |
| Listings marked EXPIRED |
1 |
| Listings marked WITHDRAWN |
2 |
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
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
