Annapolis Md Homes and More: Crofton 21114 November Market Report

Crofton 21114 November Market Report

Crofton 21114 November Market Report

Crofton is one of those ideally situated communities nestled in the Annapolis, Washington and Baltimore triangle. Offering tree lined streets, golf, swimming, tennis, community events and close by shopping, Crofton is a sought after community to call home in and around Annapolis.


So what happened in the Crofton Md Market for November 2012? November sales were 20% higher than November 2011 sales. Inventory decreased another 28% from Octobers availability. That is over half of what was available in the spring market. Sales continue upward bringing a positive market to Crofton.



Crofton Detached Homes For Sale

The number of homes dropped in the Crofton townhouse/condo market however...compared to 2011 sales they actually doubled. Inventory remained closely the same. Those homes under contract are heavy in short sales which is a total turn around form October. The following year will be interesting to follow.

Crofton Townhouse/Condos For Sale

Crofton Md Market for November 2012

9 # of Sold Detached Homes in the month of November
13 # of active detached homes for sale
12 # of under contract detached homes

Of the 9 Detached Homes that sold in November

$319,900 was the Low Sales Price
$520,000 was the High Sales Price
$415,000 was the Median Sales Price

6 was the Low Days on Market
186 was the High Days on Market
71 was the Median Days on Market

1.4 is the number of months of inventory


19 # of Townhouse/Condos Sold in the month of November
33 # of active townhouse/condos for sale (14 are short sales)
39 # of under contract townhouses/condos (26 are short sales)

Of the 19 Townhouse/Condos that sold In November

$107,000 was the Low Sales Price
$322,000 was the High Sales Price
$228,000 was the Median Sales Price

2 was the Low Days on Market
291 was the High Days on Market
37 was the Median Days on Market

2.5 = number of months of inventory


Absorption Rates
0-4 months inventory is considered a Sellers Market
5-6 months inventory is considered a Neutral/Normal Market
7+ months inventory is considered a Buyers Market

January 2012 Market Report

February 2012 Market Report

March 2012 Market Report

April 2012 Market Report

May Market Report

June Market Report

July Market Report

August Market Report

September Market Report

October Market Report


This report is an overall statistical report of Crofton as a whole.
To know what your particular neighborhood in Crofton is doing
and receive your very own report

Give me call or text me anytime
410-440-7839 cell or 410-260-2800 office
or send me an email
martha@homesaroundannapolis.com

Let me know the neighborhood and I will do a report especially for you













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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?? 

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         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 2 commentsMartha Brown • January 09 2013 07:19AM

Comments

Martha,  What a great market report.  I love your line charts.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) almost 6 years ago

Looks like your market is poised to take off in 2013. 

Posted by Doug Dawes, Your Personal Realtor® (Keller Williams Realty - Topsfield, MA) almost 6 years ago

Participate