Real Estate Trend Indicator

There was obviously a great deal of activity for the month of March 2009 in Anne Arundel County. The number of sales increased to 352 from 233 in February 2009, but statistically the average sale price as a percentage of the average list price was 87.4%. IT'S A GREAT TIME TO BUY A HOME IN ANNE ARUNDEL COUNTY.
Anne Arundel County, MD
From: 03/01/2009 to 03/31/2009
| |
Residential Unit Sales Number of Bedrooms
|
Active Listings
|
|
Time on Market
|
|
Price Class
|
2 Or Less
|
3
|
4 or More
|
Condo Coop
|
Ground Rent
|
Residential
|
Condo Coop
|
Ground Rent
|
of Units Sold (No. of Units)
|
|
Under $100,000
|
1
|
0
|
0
|
1
|
5
|
13
|
3
|
38
|
1 -30 Days
|
71
|
|
$100,000 - 149,999
|
2
|
2
|
0
|
2
|
2
|
27
|
10
|
2
|
31-60 Days
|
36
|
|
$150,000 - 199,999
|
7
|
11
|
3
|
8
|
2
|
128
|
94
|
10
|
61 - 90 Days
|
28
|
|
$200,000 - 249,999
|
16
|
32
|
11
|
20
|
1
|
293
|
110
|
19
|
91-120 Days
|
39
|
|
$250,000 - 299,999
|
2
|
32
|
13
|
7
|
0
|
494
|
90
|
15
|
Over 120 Days
|
178
|
|
$300,000 - 349,999
|
1
|
28
|
19
|
4
|
0
|
411
|
30
|
8
|
Total
|
352
|
|
$350,000 - 399,999
|
2
|
13
|
15
|
0
|
0
|
390
|
25
|
2
|
|
|
|
$400,000 - 449,999
|
1
|
4
|
14
|
1
|
0
|
215
|
17
|
1
|
Type of Financing of Units Sold (No. of Units)
|
|
$450,000 - 499,999
|
1
|
3
|
11
|
2
|
0
|
240
|
26
|
1
|
|
$500,000 - 599,999
|
1
|
0
|
11
|
0
|
0
|
331
|
21
|
0
|
Conventional
|
141
|
|
$600,000 - 699,999
|
0
|
4
|
11
|
0
|
0
|
232
|
17
|
0
|
FHA
|
127
|
|
$700,000 - 799,999
|
0
|
2
|
3
|
0
|
0
|
135
|
14
|
0
|
VA
|
40
|
|
$800,000 - 899,999
|
0
|
0
|
4
|
1
|
0
|
123
|
14
|
0
|
Assumption
|
14
|
|
$900,000 - 999,999
|
0
|
0
|
3
|
0
|
0
|
91
|
7
|
0
|
Cash
|
22
|
|
$1,000,000 - 2,499,999
|
0
|
1
|
10
|
0
|
0
|
272
|
18
|
0
|
Owner Finance
|
1
|
|
$2,500,000 - 4,999,999
|
0
|
0
|
1
|
0
|
0
|
54
|
1
|
0
|
All Other
|
7
|
|
$5,000,000 & Over
|
0
|
0
|
1
|
0
|
0
|
10
|
0
|
0
|
Unreported
|
0
|
|
Totals
|
34
|
132
|
130
|
46
|
10
|
3459
|
497
|
96
|
Total
|
352
|
|
Grand Totals
|
352 |
4052 |
|
2009 2008 % Change
|
| Total Sold Dollar Volume: |
$ 133,785,193 |
$ 163,753,967 |
- 18.30 % |
| Average Sold Price: |
$ 380,072 |
$ 391,756 |
- 2.98 % |
| Median Sold Price: |
$ 290,000 |
$ 311,250 |
- 6.83 % |
| Total Units Sold: |
352 |
418 |
- 15.79 % |
| Average Days on Market: |
149 |
139 |
7.19 % |
| Average List Price for Solds: |
$ 434,856 |
$ 431,775 |
0.71 % |
Avg Sale Price as a percentage of Avg List Price: |
87.40 % |
90.73 % |