Brought to you by Martha Brown of Long & Foster Real Estate
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? 2012 saw a 20% increase in sales over 2011 with homes selling for 95.68% of sales price. 2013 is starting out with a wonderful increase in inventory of 17%. Pending sales rose 14% over the previous month. On average, Crownsville home sellers received 95.29% of their asking price. Months of inventory rose significantly due to the increase of available inventory and the drop in home closing in January.
7 of these homes are Waterfront
1 is a Foreclosure
5 are Short Sales
15 # of Homes Under Contract as of this report
0 of these homes are Waterfront
1 of these homes is a Foreclosure
6 of these homes are Short Sales
4 # of Crownsville Homes Sold in the Month of January
1 of these homes were waterfront
1 of these homes were a Foreclosure or Short Sale
$75,000 was Low Sales Price
$730,000 was High Sales Price
$622,500 was Median Sales Price
Days on Market
21 was Low Days on Market
236 was High Days on Market
121 was Median Days on Market
There is 14.5 months of inventory
0-4 months- Sellers Market
5-6 months0 Neutral Market
7+ months- Buyers Market
NOTE: Crownsville offers homes in price ranges starting from $30,000 for a mobile home to $5,373,000 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.
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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
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Annapolis, MD 21403