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Anne Arundel County Real Estate Market Statistics July 2010

Good News!

Here’s the data for June 2010 (vs June 2009)

Avg Sold Price as Percent of Avg Asking Price: 91 % (up 2 percentage points)

Average Days on Market:  106 (down 14.52 %)

     (this is a good thing)

Active Home Listings:       4303 (up 0.74 %)

Total Sold Dollar Volume: $208,571,804 (up 22.23 %)

     (this is a good thing)

Average Sold Price:           $375,129 (up 6.18 %)

Total Units Sold:                556 (up 15.11 %)

     (and this too)

In total this means that a few more homes are coming on the market, many more are selling for a bit more money.  Although the higher average price may simply be an indication that higher priced homes are more salable, versus an indication that prices are rising.  In fact, in most areas prices are stable, thank goodness.

And, as they say, “Your mileage may vary!” so, for specific data on your neighborhood & how this impacts your property, call today.

Or visit http://www.AnnapolisHomeValues.com

(YES, I CAN HELP YOU BEAT THE AVERAGES.)

Get your property sold quickly, easily, and for top dollar. 

Get a smart, aggressive Internet strategy. 

Put my systems to work for you today.

I CAN PUT MORE MONEY IN YOUR POCKET . . .

Call Today!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland, 410-268-0160

Written by Carlyn Lowery | Discussion: No Comments »

2805 Tellier Court, Crofton, Maryland 21114

Check out this beautiful home about to go on the market, in Chapman Farm in Crofton. We’re getting ready for showings right now. If you would like us to keep you posted, please get in touch!

2805 Tellier Court, Crofton, Maryland  21114

2805 Tellier Court, Crofton, Maryland 21114

For more details, click here!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland, 410-268-0160

Written by Carlyn Lowery | Discussion: No Comments »

12115 Quick Fox Lane, Bowie, Maryland 20720

Check out this beautiful home about to go on the market, in Northridge in Bowie. We’re getting ready for showings right now. If you would like us to keep you posted, please get in touch!

12115 Quick Fox Lane, Bowie, Maryland  20720

12115 Quick Fox Lane, Bowie, Maryland 20720

For more details, click here!

P.S. Call me today for all your real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland, 410-268-0160

Written by Carlyn Lowery | Discussion: No Comments »

505 Overhill Drive, Edgewater, Maryland 21037 (AA7338202)

Welcome Home!

Welcome Home!

Check out this beautiful waterfront home at our open house on Saturday, May 15, or Sunday, May 16, from 1-3 PM.

People often ask, “Can I find a decent waterfront home in Annapolis for under a million?” It’s easier than it used to be, thanks to today’s economy. Here’s a great home on the protected waters of Bear Neck Creek, in the lovely neighborhood of Holly Hills Harbor in Edgewater. With a private dock with room for your yacht.

For more details, including photos and a virtual tour, click here!

It is brand new on the market, so come on by the open house this weekend, and when you meet my colleague Carol, tell her I sent you. Or if you would like a private showing, let me know!

Private Deep-Water Dock

Private Deep-Water Dock

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland, 410-268-0160

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298 Locust Avenue, Annapolis, MD 21401 (AA7332849)

Builder-ready lot in the city of Annapolis, ready for you to design and build the home of your choice!

298 Locust Avenue, Annapolis, Maryland 21401

298 Locust Avenue, Annapolis, Maryland 21401

For more details, click here!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: No Comments »

102 Charles Street, Annapolis, Maryland 21401 (AA7298423)

Check out this historic Annapolis home for sale, just listed.  Open this Saturday April 10th from 1-3 PM – please join us!

Location, location, location.  Downtown Annapolis, just a few steps from Main Street, City Dock, State Circle, restaurants, shopping, Spa Creek.

102 Charles Street, Annapolis, Maryland 21401

102 Charles Street, Annapolis, Maryland 21401

For more details, click here!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: No Comments »

505 Overhill Drive, Edgewater, Maryland 21037

Beautiful contemporary waterfront home with deep-water private pier, in Holly Hills Harbor in Edgewater, Maryland.  We’re getting ready for showings right now.  If you would like us to keep you posted, please get in touch!

505 Overhill Drive, Edgewater, Maryland 21037

505 Overhill Drive, Edgewater, Maryland 21037

For more details, click here!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: 2 Comments »

631 Chase Street, Annapolis, Maryland 21401 AA7278551

Great classic home in sought-after Murray Hill, priced to sell!

631 Chase Street, Annapolis, Maryland 21401

For details, click here!

P.S. Call me today for all your Annapolis real estate needs.

Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: No Comments »

Annapolis Real Estate Market Statistics January 2010

As expected, the National Association of Realtors (NAR) reported a decline in existing home sales at the end of 2009, as first time buyers rushed to beat the tax credit deadline and close their transactions by November 30. Although Existing home sales fell by 16.7 percent in December, sales remained brisk enough to break the 5 million unit mark, bringing total the number of existing homes sales up to 5,156,000 for all of 2009. The 2009 sales figures were almost 5 percent higher than the year before, creating first year-over-year sales gain since 2005.

Chief NAR economist Lawrence Yun remains cautiously optimistic about the national housing market. “It’s significant that home sales remain above year-ago levels, but the market is going through a period of swings driven by the tax credit,” he said. ‘We’ll likely have another surge in the spring as home buyers take advantage of the extended and expanded tax credit. By early summer the overall market should benefit from more balanced inventory, and sales are on track to rise again in 2010. However, the job market remains a concern and could dampen the housing recovery – job creation is key to a continued recovery in the second half of the year.”

Anne Arundel County figures for January 2010 are shown below.

2010 2009 % Change
Total Sold Dollar Volume: $ 82,430,795 $ 76,187,655 8.19 %
Average Sold Price: $ 378,123 $ 371,647 1.74 %
Median Sold Price: $ 297,500 $ 304,000 – 2.14 %
Total Units Sold: 218 205 6.34 %
Average Days on Market: 126 142 – 11.27 %
Average List Price for Solds: $ 427,628 $ 421,327 1.50 %
Avg Sale Price as a
percentage of Avg List Price:
88.42 % 88.21 %

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2010 – Information deemed reliable, but is not guaranteed.

If you would like specific information on what is happening with home sales in your neighborhood, I’ll be happy to help.   Call for a free, no-obligation consultation.  Get the information you need to help you enjoy the home of your dreams.

P.S. Call me today for all your Annapolis real estate needs.
Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: No Comments »

Annapolis Real Estate Market Statistics November 2009

The National Association of REALTORS (NAR) reported a 10 percent increase in existing home sales, while inventory fell 3.7 percent. Existing homes sales are on pace to reach 6.1 million units by year’s end, are up over 23 percent from the same time a year ago.

Existing Home Sales By Region

Much of the recent activity was sparked by first time buyers looking to take advantage of an $8,000 tax credit, which was initially due to expire at the end of November. NAR expects market demand to remain strong as the tax credit program has been extended and expanded through April 30.

Current inventory levels in all price ranges have dropped to 3.57 million units nationally, creating a 7-month supply. “Low-end inventory has become very tight in many areas and in some cases buyers are becoming more aggressive,” explained NAR president Vicki Cox Golder. Multiple offers are not uncommon in the lower price ranges, and foreclosed properties are selling more quickly.

Anne Arundel County figures for November 2009 are shown below.

2009 2008 % Change
Total Sold Dollar Volume: $ 154,774,910 $ 100,101,191 54.62 %
Average Sold Price: $ 334,287 $ 376,320 - 11.17 %
Median Sold Price: $ 285,000 $ 314,500 - 9.38 %
Total Units Sold: 463 266 74.06 %
Average Days on Market: 122 149 - 18.12 %
Average List Price for Solds: $ 370,766 $ 434,822 - 14.73 %
Avg Sale Price as a percentage of Avg List Price: 90.16 % 86.55 %

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2009 – Information deemed reliable, but is not guaranteed.

If you would like specific information on what is happening with home sales in your neighborhood, I’ll be happy to help.   Call for a free, no-obligation consultation.  Get the information you need to help you enjoy the home of your dreams.

P.S.  Call me today for all your Annapolis real estate needs.
Carlyn Lowery, Associate Broker, Keller Williams Annapolis : Real Estate Brokerage in Annapolis, Anne Arundel County, Maryland

Written by Carlyn Lowery | Discussion: 1 Comment »