Annapolis Md Homes and More: Edgewater MD Market Review- 2nd Quarter 2013

Edgewater MD Market Review- 2nd Quarter 2013

Edgewater MD Market Review- 2nd Quarter 2013

Brought to you by Martha Brown of Long & Foster Real Estate

 

Edgewater homesEdgewater's location just south of Annapolis gives one a whole different feel for living around or near the water. Over the last few years Edgewater has grown tremendously with new homes and lots of shopping and eateries. So how has Edgewater faired over the 2nd quarter of 2013 compared to 2012?

Edgewater saw a 13% increase in number of homes sold year over year from 91 to 104.

Edgewater saw a 9% increase in median sales price year over year from $322,000 to $355,000

Edgewater saw that list price to sales price remained the same at 96%

Edgewater saw a 25% decrease in days on market from 55 days to 41 days on average

Edgewater townhouse/condo sales reamained the same

Edgewater waterfront sales decreased 22% from 14 sales to 11 sales

And so it seems Edgewater is holding its own with improvements taking precedence in the 2nd quarter.

 

Looking to buy or sell an Edgewater property? Let's talk. 410-40-7839 cell/text. martha@homesaroundannapolis.com email.

Edgewater Homes For Sale

 

 

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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 2 commentsMartha Brown • July 09 2013 09:48AM

Comments

So, does this mean it's a good time to buy a waterfront home in Edgewater? I'm not even sure where Edgewater is located but I'd figure it must be on the edge of the water, right?

Posted by Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents, Put 40 years of experience to work for you (Lyon Real Estate) almost 5 years ago

Yes it does Elizabeth. It's actually a good time for waterfront buying anywhere around Annapolis. Edgewater is on the water and Chesapeake Bay just further down the watershed south of Annapolis. Our area is very water oriented and there are many communities where it is part of the lifestyle.  

Posted by Martha Brown, Your Homes Around Annapolis Agent (Long & Foster Real Estate, Inc., Annapolis MD 21403) almost 5 years ago

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