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

Edgewater MD 21037 Market Report for September 2012

 

Edgewater MD... Let's Talk Edgewater MD Real Estate 
for September 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? Things are looking positive for Edgewater. Even though sales are down from the previous month they are up 19% from a year ago. Inventory is down by 10% over last month. On average Edgewater homes are selling for 94.8% of their asking price which is a nice improvement over the previous months 92.6%. Months of inventory rose just a tad from 5 months to 5.2 months. 

Edgewater Market Report for September 2012



Active Homes for Sale


As of today there are 141 homes for sale
Of These:
29 are Waterfront
14 are Townhouses or Condos
7 are Foreclosures (Down by 2)
13 are Short Sales (Down by 5)


Under Contract


59 homes are Under Contract
Of These:
6 are Waterfront
8 are Townhouses or Condos
4 are Foreclosures (Up by 1)
25 are Short Sales (Up by 1)

Homes Sold In September


 27 homes sold in the month of September
Of These:
4 were Waterfront
2 were Townhouses or Condos   
1 was Foreclosures (Down by 3)
2 were a Short Sale (Down by 1)

$95,000 was Low Sales Price
$1,158,085 was High Sales Price
$380,000 was Median Sales Price

Edgewater has 5.2 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

Edgewater Market Report for July 2012

Edgewater Market Report for August 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  

L&F LOgo


 

 

Comment balloon 10 commentsMartha Brown • October 18 2012 07:56AM

Comments

Very informative Real Estate Report Martha. . you have full control of your market.  . congratulations!

Posted by Fernando Herboso - Broker for Maxus Realty Group, 301-246-0001 Serving Maryland, DC and Northern VA (Maxus Realty Group - Broker 301-246-0001) almost 6 years ago

I alwways like reading other market reports to keep better informed.

Posted by Harry F. D'Elia, Investor , Mentor, GRI, Radio, CIPS, REOs, ABR (Real Estate and Beyond, LLC) almost 6 years ago

Martha  Very comprehensive and well written Ergewater market report - I love the RBI graphs

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 6 years ago

Glad to see market reports FEATURED! It always gives me a nudge to write one and I always pick up a few tips. Great job!

Posted by Lori Cain, Midtown Tulsa Real Estate Top Producer (eXp Realty) almost 6 years ago

Very well written market report.  Good to see other areas are doing well.

Posted by Kevin Mackessy, Dedicated. Qualified. Local. (Blue Olive Properties, LLC) almost 6 years ago
Martha a great report on the lovely area of Edgewater. Less than 6 months inventory is good to see.
Posted by Cindy Jones, Pentagon, Fort Belvoir & Quantico Real Estate News (Integrity Real Estate Group) almost 6 years ago

Martha, I love the way you blend your market reports and I'm so glad things are improving in your Edgewater MD area also!

Posted by Ginny Gorman, Homes for Sale in North Kingstown RI and beyond (RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate) almost 6 years ago

Martha, great, sounds like a busy real estate market in Edgewater! I like that you included that graph, makes the information easier to understand!

Posted by Tanja Cisliek (Future Home Realty) almost 6 years ago

Hi Martha,

Good job with your market report, it was very informative and easy to read.

All the best for the rest of 2012!

Posted by What Not To Renovate - Milan B., We provide tips & trends on home renos & designs almost 6 years ago

That's a nifty looking statistical graph, Martha!  I'm wondering if the slightly downward trend on homesales is attributed to a decline in housing inventory?  You can't sell what you don't have.  That is an issue here in Sacramento!

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) almost 6 years ago

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