Annapolis Md Homes and More: Maryland: Edgewater

Edgewater MD 21037 Market Report for June 2012

 

Edgewater MD... Let's Talk Edgewater MD Real Estate for June 2012

Edgewater is located just South of Annapolis and offers homes in all styles and sizes. With its easy access to the water, parks, golf, shopping and commuter routes Edgewater is a great location for an easy living lifestyle.

Edgewater Market Report

So what is happening with the Edgewater marketplace? Foreclosures and short sales are holding steady with no increase in available inventory and they only accounted for 9% of the sales in June. Edgewater sales remained steady compared to the previous month. Closing assistance by seller to buyer continues with 20 out of 33 sales taking place. On average Edgewater homes are selling for 93.33% of their asking price. Months of inventory continues to decrease.

Edgewater Market Report for June 2012


Active Homes for Sale


As of today there are 158 homes for sale
Of These:
31 are Waterfront
24 are Townhouses or Condos
5 are Foreclosures (Same)
21 are Short Sales (Same)


Under Contract


75 homes are Under Contract
Of These:
9 are Waterfront
5 are Townhouses or Condos
7 are Foreclosures (Up by 3)
22 are Short Sales (down by 5)

Homes Sold In June


 32 homes sold in the month of June
Of These:
6 were Waterfront
7 were Townhouses or Condos   
1 was a Foreclosure (Down by 1)
2 were a Short Sale (Down by 5)

Edgewater has 4.7 months of inventory


Market Absorption/Inventory Rate

0-4 months is considered a Sellers Market
5-6 months is considered a Normal Market
7 months and above is considered a Buyers Market


Click here to view all Edgewater homes for sale



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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 2 commentsMartha Brown • July 30 2012 07:11AM
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