Members: 114,089 - 1,465 Online Now  Login
 

ARNOLD MD 21012 

45 new listings, and only 20 new contracts in Arnold (21012) during April 2007.  Now THAT is a scary figure for home sellers!  Yet, as a buyer's agent, I encountered an Arnold home seller (and agent) in April who acted like it was a seller's market - holding out for top dollar, demanding a seller's contingency, and generally ignoring the facts of the marketplace.  So keep in mind that statistics are just numbers, and they don't reflect each and every home or situation.

Okay, back to the basics...  Here are sales statistics published by MRIS for April 2007 in Arnold (21012):

21012  zipcode   2007   2006
Total Sold Dollar Volume: $ 8,909,958 $ 11,685,406      - 23.75 %
Average Sold Price: $ 424,284 $ 417,336 1.66 %
Median Sold Price: $ 364,000 $ 343,951 5.83 %
Total Units Sold: 21 28 - 25.00 %
Average Days on Market: 177 69 156.52 %
Average List Price for Solds: $ 459,967 $ 438,425 4.91 %
Avg Sale Price as a
percentage of Avg List Price:
92.24 % 95.19 %

Here is another interesting fact: There were 7 contingent contracts in addition to the 20 new sales.  This is a situation that we haven't seen for a few years, and it reflects the "desperation" of home sellers in today's market.

 Home buyers - THIS IS GOOD NEWS FOR YOU!  You have not had opportunities like this for years, so don't miss the bandwagon!

MRIS publishes sales statistics monthly, and these are just the highlights.  If you would like more information about Arnold or any other zipcode, please contact me at mwoda@remax.net

 

0 Comments on Arnold MD - Market Report for April 2007

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Margaret Woda, Maryland Real Estate (RE/MAX VISION)
Margaret Woda, Maryland Real Estate
Crofton, MD
More about me…
RE/MAX VISION

Office Phone: (410) 451-1900
Cell Phone: (301) 346-2923
Email Me


Links

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find MD real estate agents and Crofton real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved