Annapolis Md Homes and More: Edgewater MD... Let's Talk Edgewater MD Real Estate for November 2012

Edgewater MD... Let's Talk Edgewater MD Real Estate for November 2012

 

Edgewater MD... Let's Talk Edgewater MD Real Estate
 for November 2012
 
historic Londontowne

Why do people live in Edgewater?
Edgewater is located just 10 minutes south of Annapolis and offers homes in all styles and sizes. People like it's easy proximity to Annapolis and commuter routes to Washington DC. Edgewater offers many communities with water access and ease of shopping and restaurants in the Edgewater zip code. Home prices range from $69,000 for a 600 sq. ft. cottage to $1,650,000 for a 3,000 sq. ft. waterfront haven.



So what is happening with the Edgewater marketplace? The winter market is upon us and like many areas in and around Annapolis inventory is dropping (another 5%) and so are sales. Even so sales continue to improve with a 17% increase year over year. On average Edgewater homes are selling for 95.96% of their asking price over the previous months 95.68%. Months of inventory 4.9 months. 

Edgewater Market Report for November 2012


Active Homes for Sale


As of today there are 118 homes for sale
Of These:
23 are Waterfront (Up 2)
14 are Townhouses or Condos (Down 1)
7 are Foreclosures (Same)
10 are Short Sales (Down 4)


Under Contract


43 homes are Under Contract
Of These:
1 is Waterfront (Down 4)
8 are Townhouses or Condos (Up 1)
3 are Foreclosures (Down 2)
21 are Short Sales (Up 1)

Homes Sold In November


 24 homes sold in the month of November
Of These:
5 were Waterfront (Same)
3 were Townhouses or Condos  (Up 1) 
3 was Foreclosures (Up 2)
3 were a Short Sale (Down 3)

$125,000 was Low Sales Price
$1,440,000 was High Sales Price
$406,950 was Median Sales Price

Edgewater has 4.9 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

Edgewater Market Report for September 2012

Edgewater Market Report for October 2012


Note: This and previous market reports are for the entire Edgewater zip code of 21037. There are many communities within the Edgewater zip code and market conditions can vary from community to community. 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  

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Comment balloon 3 commentsMartha Brown • December 21 2012 09:22AM

Comments

Hey Martha, I just wanted to wish you a Merry Christmas!!  Have a great Holiday season,

 

all my best,

 

Glenn

Posted by Glenn Freezman (Family Abstract, Inc.) over 5 years ago

Martha  Arthur and I just stopped by to wish you and those you love a Happy, Healthy and Prosperous 2013

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) over 5 years ago

Hi Martha, Edgewater is a very nice community when I lived in Northern VA.  I had friends that lived there...about 15 years ago...and I am sure it has changed somewhat.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Perry Wellington Realty, Adam Conrad, Broker) over 5 years ago

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