Annapolis is surrounded by communities offering lifestyles outside of the waterfront. Davidsonville is one such community. Located southwest of Annapolis, Davidsonville offers wide open spaces, homes on acreage and farms. Conveniently located for ease of commute whether heading to Annapolis, Washington DC or Baltimore.
So what is happening in the Davidsonville market place? Davidsonville saw a 66% increase in sales over the previous month and a 33% increase over May 2011. May saw the first $1,000,000 sale in Davidsonville this year and also saw an increase in homes going under contract. Homes sold in May, on average, were selling for 93.97% of their asking price which is down slightly from April.
After a dismal winter and a skittish April Davidsonville homes sales are on the rise.
15- number of homes currently under contract
6- number of homes settled in May
Active Asking Prices
Current Under Contract List Prices
Sold Prices for May 2012
0-4 months is considered a Sellers Market
5-6 months is considered a Neutral/Normal Market
7+ months is considered a Buyers Market
Keep in mind that Davidsonville offers homes in price ranges starting in the mid $300,000's all the way to over a $1,000,000. The average sales price will fluctuate quite dramatically from month to month depending on the overall price range that sold. The above report is an overall statistical reading from the Multiple List (MRIS). For a detailed report targeted to your particular interest in buying or selling a Davidsonville home give me a call.
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
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Martha Brown of Long & Foster Real Estate.
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Annapolis, MD 21403