Annapolis Md Homes and More: Edgewater MD 21037 Market Report for July 2012

Edgewater MD 21037 Market Report for July 2012

 

Edgewater MD... Let's Talk Edgewater MD Real Estate for July 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? After a steady increase in sales over the spring market Edgewater sales are starting to wane a bit. On a good note the average sales price to asking price of an Edgewater home is up to 96.70%. Months of inventory is holding steady and Edgewater saw a 34% increase in sales year over year!!

Edgewater Market Report for July 2012


Active Homes for Sale


As of today there are 158 homes for sale
Of These:
31 are Waterfront
24 are Townhouses or Condos
7 are Foreclosures (Up by 2)
20 are Short Sales (Down by 1)


Under Contract


75 homes are Under Contract
Of These:
9 are Waterfront
5 are Townhouses or Condos
5 are Foreclosures (Down by 2)
24 are Short Sales (Up by 2)

Homes Sold In July


 30 homes sold in the month of July
Of These:
1 were Waterfront
4 were Townhouses or Condos   
1 was a Foreclosure (Same)
5 were a Short Sale (Up by 3)

Edgewater has 4.8 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



If you are thinking about buying or selling in Edgewater I can help.
As an Annapolis Area Real Estate Agent 
I know the market in Edgewater

Edgewater Market Report for January 2012

Edgewater Market Report for February 2012

Edgewater Market Report for March 2012

Edgewater Market Report for April 2012

Edgewater Market Report for May 2012

Edgewater Market Report for June 2012

Note: This and previous market reports are for the entire Edgewater zip code of 21037. Market conditions can vary from neighborhood to neighborhood. To know your homes value in today's market please call/text or email me
 for a FREE Market Analysis.
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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  

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Comment balloon 2 commentsMartha Brown • August 17 2012 07:08AM

Comments

Good morning Martha -

Prices up 96.70% is great!  I bet with schools starting again many areas will see waning sells for a while.  Getting the kids back in school is a big job and expensive!   

Hope you enjoy a grand day in all you do!

 

Posted by John McCormack, AlbuquerqueHomes.com, Albuquerque Homes Realty (Albuquerque Homes Realty * www.AlbuquerqueHomes.com) about 6 years ago

Hey John- The sales price to list price is up to 96% which is a wonderful increase from the previous month. Our inventory starts to pick up right about now for the fall market and starts to wane near the holidays. Hopefully that will be true this year as well. Wishing you a grand day as well!!

Posted by Martha Brown, Your Homes Around Annapolis Agent (Long & Foster Real Estate, Inc., Annapolis MD 21403) about 6 years ago

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