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Crofton MD Real Estate - Status for Week of 1/23/11 - 1/29/11

Crofton MD

The Crofton, MD housing inventory continues to shrink. Some of it is due to this time of year, where the inventory shrinks because sellers are reluctant to list during the bad weather months. Wait until March and see the inventory start to grow again.

Last week, two new rentals came on the market. Both were condo's, one was a 2/1 listed for $1,200, and the other was a 3/2/1 listed for $1,700. Military orders generally come out in February, so the Crofton rental market will continue to be robust. Five applications were received on rental inventory, and two homes were rented.


Five new homes were listed and became active in the MLS. The inventory shrunk though because 3 homes went under contract, and 4 went to settlement and sold. Five other homes had their status changed to full contract, where all contingencies are removed.

Since the beginning of the year, the Crofton, MD real estate market has been doing pretty well. The cold weather hasn't stopped buyers from taking advantage of some nice bargains. Sellers might want to rethink their strategy of waiting for the Spring rush. Buyers seem to be out there right now.

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
Bowie MD Real Estate
Crofton MD Real Estate

©2011 - RichSellsHomes, All Rights Reserved

 

 

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 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

 
©2011 - RichSellsHomes.com - All Rights Reserved
 
All information is deemed reliable but should be independently verified. Property information is subject to change without notice.

 

2 comments • Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate • January 30 2011 04:27PM

Comments

Thanks for sharing. Always good to find a real exerpt.
Posted by Geraldine 10 months ago
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Posted by zakrtrbq 10 months ago

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