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Crofton MD Real Estate - Market Statistics, December 2009

By
Real Estate Agent with Coldwell Banker Residential Brokerage 531132

Crofton MD, 21114

December
2009 2008 % Change
Sold Dollar Volume $4,012,300
$6,964,900
-42.39%
Average Sold Price $308,638
$331,666
-6.94%
Median Sold Price $305,000
$291,000
+4.81%
Total Units Sold 13
21
-38.10%
Average Days on Market 59
94
-37.23%
Average List Price for Solds $328,776
$366,824
+10.37%

Crofton, MD, what a difference a month makes. Last month, zip code 21114 had an enormous increase in sales. Over 150% in November 2009 compared to 2008. December 2009 shows Crofton, MD with a decrease in sales of -42.39%.

Some of it can be attributed to the bad weather which plagued December. Snow and cold weather tends to keep home buyers inside, and Crofton, MD had plenty of both in December.

At the end of December, Crofton, MD had a total inventory of homes for sale of 119.

Eighteen new listings came on the market and five listings went under contract. Another 8 listings were marked contingent contract. The inventory of homes for sale increased slightly.

All of the December 2009 Crofton, MD home sales were below the $450,000 price range. This contributed to the reductions in Average Sold price.

Days on the market showed a pretty significant decrease compared to December 2008. Crofton, MD showed a 37% reduction in days on the market compared to last year.

Crofton, MD real estate home sales slightly underperformed many other communities in Anne Arundel County for the month of December. 21114 still remains a buyers market.

If you're not already working with a Realtor® to find that perfect Crofton, MD home, I can help. Call me at 443-995-9595 any time.

SOURCE: Metropolitan Regional Information Systems, Inc.
Information deemed reliable, but is not guaranteed.


Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

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 Richard Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).

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©2011 - RichSellsHomes.com - All Rights Reserved
 
All information is deemed reliable but should be independently verified. Property information is subject to change without notice.

 

Comments (1)

Toula Rosebrock
Diane Turton, Realtors, Forked River, NJ - Lacey Township, NJ
Broker/Sales Associate, Realtor, Lacey Township,

ToulaRosebrock,com

Hi Rich:

All in all....not bad.

Homes are still selling.  Nice decrease of the days on market.

Good luck to you this year!

Jan 11, 2010 02:33 PM