Annapolis Md Homes and More: Maryland: Crofton

Crofton Single Family Market Report For August 2011

Crofton Single Family Market Report for August 2011

 crofton 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.

 
 
After a robust July, August showed a decline in the number of closed sales. (7) compared to July (16). There are 12 homes currently under contract with some settling this month. Home prices are holding steady with just a slight decline overall.

Crofton has moved from a Buyers Market to a neutra/normal market as of this report. 


 

The following numbers are for the month of August 2011


42    # of Active Crofton Single Family Homes For Sale as of  this report
7   # of Sold Crofton Single Family Homes in the month of August

Of the 16 that sold in August

$324,000 was the Low Sales Price
$535,000 was the High Sales Price
$433,607 was the Average Sales Price
3 was the Low Days on Market
142 was the High Days on Market
57 was the Average Days on Market

6 = number of months of inventory

Crofton is experiencing a Neutral/Normal Market for Single family Homes

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











 

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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 0 commentsMartha Brown • September 24 2011 04:37PM
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