Crofton MD Market Statistics - August 2010
Crofton, MD seemed to have had a sideways trend when comparing real estate data from August 2009 to August 2010. Considering the impact that unemployment, and the economy in general has had on many other real estate markets, Crofton, MD actually did pretty well.
Sales volume increased slightly from $9,072,291 to $9,265,500. An increase of +2.13%. While certainly not significant, it does show that the Crofton, MD real estate market has seemingly stabilized.
Average and median sold prices were relatively flat, as was the total number of units sold. This statistic supports the current pricing strategy of many Crofton, MD homes. No significant increases or decreases.
Another significant data point is the Average Sale Price as a % of Average List Price. Higher percentages favor sellers. As you can see there was a slight increase in this indicator year over year. Crofton, MD bargain basement shopping is slipping away, if it was ever really here.
The Crofton, MD real estate market is strong, due largely to our proximity to the employment markets of Washington, DC, and Baltimore.
If you're not already working with an agent to find that perfect Crofton, MD home...I can help.
You can view all the Crofton, MD homes for sale on the map below. Just click on an icon and it will display detailed information on all active Crofton homes listed in the MLS.
| August |
2009 | 2010 | % Change |
| Sold Dollar Volume | $9,072,291 |
$9,265,500 |
+2.13% |
| Average Sold Price | $348,934 |
$343,167 |
-1.65% |
| Median Sold Price | $342,500 |
$335,000 |
-2.19% |
| Total Units Sold | 26 |
27 |
+3.85% |
| Average Days on Market | 59 | 89 |
+50.85% |
| Average List Price for Solds | $380,357 |
$371,904 |
-2.22% |
| Average Sale as a % of Average List Price: |
91.74% |
92.27% |
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).
SKYPE ME: RichSellsHomes
Interesting numbers for your market Richard. Like you say, mostly unchanged with a slight drop in prices. Wonder where it's heading to next?