Annapolis Md Homes and More: Hang On! It's A Roller Coaster Ride In The Davidsonville MD Marketplace

Hang On! It's A Roller Coaster Ride In The Davidsonville MD Marketplace

 

Davidsonville MD Let's Talk Real Estate for September 2012


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.

 

davidsonville market report


                                                
So what is happening in the Davidsonville market place? Hang on cause' Davidsonville is a roller coaster ride if I ever saw one. After a slow August with only 2 sales Davidsonville saw a 80% increase in home sales in September. And when comparing year over year Davidsonville saw a 60% increase in home sales over last year. Great news for the Davidsonville market. As in most markets around Annapolis, Davidsonville is seeing a decrease in inventory with a 10% drop over the previous month. On average, Davidsonville homes are selling for 96.42% of their asking price which is a 2% increase over the previous month. Months of supply decreased dramatically to 4.6 months.
                                       

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


46- number of homes available for sale
17- number of homes currently under contract
10-  number of homes settled in September

Active Asking Prices
$393,000 Low
$1,975,000 High
$784,049 Average

Current Under Contract List Prices
$260,000 Low
$1,500,000 High
$750,965 Average

Sold Prices for September 2012
$358,000 Low
$960,000 High
$684,050 Average

                                              

4.6-   # 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

August 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
                                                                                  


 

 

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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 • October 25 2012 06:35AM

Comments

Thanks for sharing your report.  I need to learn more about your area as we seek the ideal location for our retirement home.

Enjoy the colors of autumn with your camera in hand.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 6 years ago

Roy- we have some wonderful areas for retirement here. Give me a call. I would be happy to introduce you to the Annapolis area. 

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

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