Annapolis Md Homes and More: Crownsville MD Let's Talk Real Estate for October 2012

Crownsville MD Let's Talk Real Estate for October 2012

Crownsville MD Let's Talk Real Estate for October 2012
 
crownsville market report


Crownsville offers a variety of homes and lifestyle. From waterfront, water access, estate homes and everything in between, Crownsville is a great area to call home. And it is conveniently located for heading to Annapolis, a quick trip to Rt 97 towards Baltimore and even Washington DC is easily obtainable.

So what is going on in the Crownsville marketplace? So what do you think?  Sales are holding steady year over year. Good news? Yes. Months of inventory is still on the decline. Down another 12% Good news? Yes. Pending sales have risen 30% over the previous month. Fabulous news for Crownsville. And on average, Crownsville home sellers are receiving 95.56% of their asking price, up from 93.63% last month. Good news again. Yes Crownsville may move at a slower pace than many areas around Annapolis but that is not always bad news. It's just Crownsville.

                                                                 
                                                

The following Market Report is for the month of October 2012





59  # of Active Homes For Sale

11
  of these homes are Waterfront
1   is a Foreclosures
8  are Short Sales

20
  # of  Homes Under Contract as of this report

2   of these homes are Waterfront (Same as September)
 of these homes is a Foreclosure (Down 1)
3  of these homes are Short Sales (Up 1)

   # of Crownsville Homes Sold in the Month of October

0 of these homes were waterfront
2 of these homes were a Foreclosure or Short Sale


Sold Prices
$175,000 was Low Sales Price
$388,000 was High Sales Price
$301,450 was Median Sales Price

Days on Market
0 was Low Days on Market
254 was High Days on Market
31 was Median Days on Market

There is 9.8 months of inventory


Absorption Rates
0-4 months- Sellers Market
5-6 months0 Neutral Market
7+ months- Buyers Market

See homes for sale in Crownsville

January Market Report

February Market Report

March Market Report

April Market Report

May Market Report

June Market Report

July Market Report

August Market Report

September Market Report



Keep in mind that Crownsville offers homes in price ranges starting from $34,900 for a mobile home to $7,175,000 for an estate home on a private island. With this range in home prices 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) of Crownsville as a whole.

               For a FREE detailed report targeted to your particular price range and/or neighborhood in buying or selling a Crownsville home give me a call. 
410-440-7839 or drop me an email
                                     
                  martha@homesaroundannapolis.com


                                                                          

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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 0 commentsMartha Brown • November 30 2012 08:05AM

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