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Crofton MD Single Family Home Market Report for July 2011

By
Real Estate Agent with Long & Foster Real Estate, Inc., Annapolis MD 21403 DRE# 319853

 

Crofton Single Family Home Market Report for July 2011

 crofton market report

Crofton is one of those ideally situated communities nestled in the Annapolis, Washington and Baltimore triangle. Offering treed line streets, golf, swimming, tennis, community events and close by shopping, Crofton is a sought after community to call home in and around Annapolis.

After a slow start to the year Crofton is seeing a steady rise in detached single family home sales. The best since September 2009. 

Overall the Crofton market report is looking positive for single family home sales and hopefully on a steady course for recovery.

 

The following report is for the month of July 2011


49    # of Active Crofton Single Family Homes For Sale as of  this report
16   # of Sold Crofton Single Family Homes in the month of July

Of the 16 that sold in July

$310,000 was the Low Sales Price
$570,000 was the High Sales price
$437,738 was the Average Sales price
0 was the Low Days on Market
198 was the High Days on Market
53 was the Average Days on Market

3.2 = number of months of inventory

Crofton is experiencing a Sellers Market for Single family Homes

Absorption rates
0-4 months inventory is considered a Sellers Market
5-6 months inventory is considered a Neutral/Normal Market
7+ months inventory is considered a Buyers Market











 

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About the Author Martha Brown- As a third generation Annapolitan I love to write about my experiences in and out of the real estate market. Licensed since 1992 all with Long & Foster I am a Certified Residential Specialist (CRS) and a Seller Representation Specialist (SRS) whose passion is homes in the Annapolis MD area and surrounding communities. My goal is to help my clients understand the real estate market and to then make sound real estate decisions. 

 

Martha can be reached  at 410-260-2800 ofc or 

martha@homesaroundannapolis.com.

When searching for Annapolis area homes for sale

there is no better place than

www.HomesAroundAnnapolis.com

 

Have a real estate question?? 

 Ask Martha

 

 
         Bringing 'Peace of Mind' since 1992                  
 
All Photographs and/or written material and content produced by Martha Brown. All Rights Reserved and may not be reproduced or reprinted without express written permission of

Martha Brown of Long & Foster Real Estate.

320 Sixth Street

Annapolis, MD 21403

410-260-2800 office

410-440-7839 cell/text  

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Comments (1)

Susan Neal
RE/MAX Gold, Fair Oaks - Fair Oaks, CA
Fair Oaks CA & Sacramento Area Real Estate Broker

Oh boy, Martha!  You can really see the best time of the year to sell your house.  Nothing much happens in February, it appears - at least compared to July and August.

Aug 25, 2011 12:03 PM