Home > Blogs > Richard Iarossi > Richard's Blog

Edgewater MD Real Estate - Status for Week Ending 01/30/10

By Richard Iarossi

Real Estate Agent with Coldwell Banker Residential Brokerage 531132

January 31, 2010 12:14 PM

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

Edgewater, MD, added 12 new active listings to the current inventory last week. The least expensive was a detached 3 bedroom, 2 bath home located in Woodland Beach, and listed for $164,900. Edgewater, MD, has an active real estate market for people looking for a water oriented community.

Edgewater, MD rental market is very active. 2 new rental listings came on the market, and applications were registered for 1 of the current rental inventory.

5 properties moved or changed status into some sort of Contract status, while 4 sold and went to settlement. The contract status changes tends to be a future indicator of settlements to come in the near future.

While only one listing expired last week, 5 were withdrawn by the sellers.

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

New ACTIVE Listings	12
New RENTAL Listings	2
Listings marked CNTG/KO	0
Listings marked CNTG/NO KO	1
Rental Application Registered	1
Listings marked CONTRACT	4
Listings marked SOLD	4
Rentals marked RENTED	3
Listings TEMP OFF MARKET	1
Listings marked EXPIRED	1
Listings marked WITHDRAWN	5

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.