Annapolis is surrounded by communities offering a variety of lifestyles and when one is looking for 1+ acre, room for horses, a place to garden or just want some elbow room Davidsonville is the place people head. Located southwest of Annapolis, Davidsonville is a great commuter location for Washington DC. Homes range from $374,900 for a 1800 sq ft home on almost an acre to $1,975,000 for a 3300 sq ft home on 2.2 acres of waterfront.
So what is happening in the Davidsonville market place? It is still a roller coaster ride however, even though sales dropped from September Davidsonville still saw a 50% increase over 2011 sales. Under contracts are holding strong with 17 under contract and waiting for settlement. As in many markets around Annapolis, Davidsonville is seeing a decrease in inventory with a 7% drop over the previous month making it a total of 17% over the last two months. On average, Davidsonville homes are selling for 94.40% of their asking price with 2/3 of the sales giving closing help. .
The following report is for the Davidsonville zip code of 21035.
17- number of homes currently under contract
6- number of homes settled in October
Active Asking Prices
Current Under Contract List Prices
Sold Prices for September 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 wide arrange of prices which means the high, low and median prices 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 need to buy or sell a Davisonville 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
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