Annapolis Md Homes and More: Davidsonville MD Market Report for August 2012

Davidsonville MD Market Report for August 2012

 

Davidsonville MD Let's Talk Real Estate for August 2012
 
davidsonville market report


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 another drop in sold homes over the previous month. Homes sold in August, on average, were selling for 95.26% of their asking price. Months of supply increased from 10 months to 25.5 months.
                                       

                The following report is for the Davidsonville zip code of 21035.


style="font-style: italic;">
51- number of homes available for sale
13- number of homes currently under contract
2-  number of homes settled in August

Active Asking Prices
$393,000 Low
$2,259,000 High
$792,605 Average

Current Under Contract List Prices
$264,000 Low
$1,299,000 High
$732,268 Average

Sold Prices for August 2012
$435,000 Low
$660,000 High
$547,500 Median

                                              

25.5-   # of months supply given current inventory of Davidsonville Homes

 

Absorption Rates

0-4 months is considered a Sellers Market

5-6 months is considered a Neutral/Normal Market

7+ months is considered a Buyers Market

 

Click Here to See Davidsonville Homes for Sale

January Market Report

February Market Report

March Market Report

April Market Report

May Market Report

June Market Report

July Market Report


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) on Davidsonville as a whole.

                           For a detailed report targeted to your particular interest in buying or selling a                                                                          Davidsonville home give me a call. 410-440-7839
                                                                                  


 

 

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

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 • October 02 2012 05:59AM

Comments

Good Morning, Now we need it to turn up again to have the roller coaster look.  Hope you are doing good.

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) almost 6 years ago

Participate