Annapolis Md Homes and More: Maryland: Crofton

Crofton MD Market Report for June 2012

 

Crofton MD Let's Talk Real Estate for June 2012
 
crownsville market report

 

Crofton is one of those ideally situated communities nestled in the Annapolis, Washington and Baltimore triangle. Offering treed line streets, golf, swimming, tennis, community events and close by shopping, Crofton is a sought after community to call home in and around Annapolis.

So whats happening in the Crofton marketplace? Sales are still on the rise in the detached home sale market with a 25% increase noted from the previous month. Closing assistance was given in 10 out of the 20 sales in June from a low of $5,000 to a high of $19,000. Detached Crofton homes are selling, on average, for 96.95% of asking price.
 The attached or townhouse/condo market saw a drop in sales for the month. The number of homes under contract has risen dramatically though. Closing assistance was given in 12 of the 15 sales. Townhouses and condos, on average, are selling for 95.32% of their asking price. 


The following Crofton Market Report is for the month of June 2012


Crofton Detached Home Market Report



20   # of Sold Detached Homes in the month of June
30   # of active detached homes for sale
17   # of under contract detached homes   

Of the 20 Detached Homes that sold in June

$269,900 was the Low Sales Price
$630,000 was the High Sales Price
$489,250 was the Median Sales Price

2 was the Low Days on Market
793 was the High Days on Market (this was new construction)
33 was the Median Days on Market

1.5 = number of months of inventory

Click Here To View Available Crofton Detached Homes For Sale


Crofton Townhouse/Condo Market Report


15   # of Townhouse/Condos Sold in the month of June
42   # of active townhouse/condos for sale
50   # of under contract townhouses/condos

Of the 24 Townhouse/Condos that sold In April

$157,000 was the Low Sales Price
$340,000 was the High Sales Price
$228,000 was the Median Sales Price

2 was the Low Days on Market
251 was the High Days on Market
53 was the Median Days on Market

2.8 = number of months of inventory

Click here to view available Crofton Townhouse/Condos for Sale


Absorption Rates
0-4 months inventory is considered a Sellers Market
5-6 months inventory is considered a Neutral/Normal Market
7+ months inventory is considered a Buyers Market

January 2012 Market Report
February 2012 Market Report
March 2012 Market Report
April 2012 Market Report
May Market Report




This report is an overall statistical report of Crofton as a whole.
Some neighborhoods may be experiencing different market conditions as each neighborhood is unique to itself.
Want to know what is happening is your particular neighborhood in Crofton?
I will be happy to do a FREE Market Analysis for your home.
 With 20 years experience working out of the Crofton Long & Foster office I can help
Give me call  or drop me an email
410-440-7839 cell/text
410-721-1500 office
martha@homesaroundannapolis.com











 

*****************************************************

About the Author Martha Brown- As a third generation Annapolitan I love to write about my experiences in and out of the real estate market. Licensed since 1992 all with Long & Foster I am a Certified Residential Specialist (CRS) and a Seller Representation Specialist (SRS) whose passion is homes in the Annapolis MD area and surrounding communities. My goal is to help my clients understand the real estate market and to then make sound real estate decisions. 

 

Martha can be reached  at 410-260-2800 ofc or 

martha@homesaroundannapolis.com.

When searching for Annapolis area homes for sale

there is no better place than

www.HomesAroundAnnapolis.com

 

Have a real estate question?? 

 Ask Martha

 

 
         Bringing 'Peace of Mind' since 1992                  
 
All Photographs and/or written material and content produced by Martha Brown. All Rights Reserved and may not be reproduced or reprinted without express written permission of

Martha Brown of Long & Foster Real Estate.

320 Sixth Street

Annapolis, MD 21403

410-260-2800 office

410-440-7839 cell/text  

L&F LOgo


 

 

Comment balloon 1 commentMartha Brown • August 02 2012 06:37AM
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