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Crofton MD Real Estate - Status for Week Ending 01/23/10

By Richard Iarossi

Real Estate Agent with Coldwell Banker Residential Brokerage 531132

January 24, 2010 11:23 AM

Crofton MD Real Estate - Status Week Ending 01/23/10

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Two of the new listings were priced below $200,000, which is pretty rare for Crofton, MD. The largest of the new listings was a 4 br, 3.5 bath house in the Walden section listed for $575,000.

Five new rental listings came on the market and five had applications registered. Right now, the rental market is very robust in Crofton, MD.

Seven properties moved into some sort of Contract status. This is a future indicator of settlements to come in the near future.

If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

New ACTIVE Listings	10
New RENTAL Listings	5
Listings marked CNTG/KO	1
Listings marked CNTG/NO KO	4
Rental Application Registered	5
Listings marked CONTRACT	2
Listings marked SOLD	4
Rentals marked RENTED	0
Listings TEMP OFF MARKET	1
Listings marked EXPIRED	1
Listings marked WITHDRAWN	1

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
SOLD: - Indicates that the property is sold and settled.
RENTED: - Indicates that the property has been rented.
TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
EXPIRED: - Indicates that the listing agreement has expired.
WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.