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Real Estate Report for Gambrills, Maryland - August 2010

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Real Estate Agent with Long & Foster Real Estate, Inc.

GAMBRILLS, MARYLAND, REAL ESTATE MARKET UPDATE

Real estate statistics comparing Gambrills, last month, with the same month the previous year presented a more positive picture than we saw in other nearby zipcodes:

  • Units sold:  Up 36% over last year
  • Average sold price:  Up 28%
  • Median sold price:  Up 58%
  • Average days on market:  Down 43%

Let's take a look at August over the past five years, so we can put last month's numbers in perspective:

21054 - 8.10

Another encouraging statistic is the percentage of list price vs. sold price - 90.31%, compared to just 86.59% last year... still not as high as August 2006-2008, but I'll take that number.

 

Compare Gambrills with Anne Arundel County Real Estate - August 2010

 

Posted by

This infoMargaret Wodarmation was provided to you by Margaret Woda, an Associate Broker with Long & Foster Real Estate in Crofton Maryland. Contact Margaret today for general real estate information or to learn how she can help you buy or sell a home in Annapolis, Bowie, Crofton, Davidsonville, Gambrills, and Odenton. 

Crofton real estate

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Comments(5)

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Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Nice job reporting on the local market stats Margaret. Your graph is very easy to understand.

Sep 25, 2010 12:49 AM
Charles Edwards Bentonville
Coldwell Banker Harris McHaney & Faucette 479-253-3796 - Bentonville, AR
AR REALTOR, Bentonville Real Estate Agent and Broker

I agree with Bill. Nice presentation and positive numbers in general, how wonderful.

Sep 25, 2010 01:47 AM
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Margaret....great news and a great report. I have to ditto the "guys" that is looks great.

 

Sep 25, 2010 04:08 AM
Glenn Roberts
Retired - Seattle, WA

nice to see those positive numbers. From other's' posts I didn't expect it.

Sep 25, 2010 06:10 AM
Margaret Woda
Long & Foster Real Estate, Inc. - Crofton, MD
Maryland Real Estate & Military Relocation

Good morning, Guys.  Thanks for your compliments yesterday.  I like these charts because they help put this year's numbers in perspective.  Our MLS has come out with a new service for reporting stats that will be available next month, and I haven't decided whether to stick with this format or give theirs a try.  This is sort of my "signature" format, but we'll see.

As to Gambrills numbers, this was a huge surprise.  There are months when only one or two homes sell in this entire zipcode.  All the numbers were more positive than they were for the two adjacent zipcodes of Crofton and Odenton last month.

Sep 26, 2010 12:04 AM
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Margaret Woda

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EHO



Margaret Woda


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