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Crownsville MD Market Report for January 2012

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

 

Crownsville Market Report- January 2012
 
Crownsville market Report
 
 

 

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Crownsville offers a variety of homes and lifestyle. From waterfront, water access, estate homes and everything in between, Crownsville is a great area to call home. And it is conveniently located for heading to Annapolis, a quick trip to Rt 97 towards Baltimore and even Washington DC is easily obtainable.

Sales in January were down 30% from December 2011 and down 23% from January 2011. Crownsville has a high ratio of active listings over pendings and sales which has been going on for awhile as the chart shows. List Price to Sold Price ratio runs all over the board but seems to be lower in the winter months and then moves up as the spring/summer market approaches.

 

 

 


The following Crownsville Market Report is for the month of January 2012


67   # of Active Crownsville Homes For Sale as of this report
  of these homes are Waterfront 
1 of these homes are Foreclosures
6  of these homes are Short Sales

28   # of  Homes Under Contract as of this report
5   of these homes are Waterfront
 of these homes are Foreclosures
6  of these homes are Short Sales

   # of Crownsville Homes Sold in the Month of December
1 of these homes were waterfront
2 of these homes were Foreclosures or Short Sales


Sale Prices
$147,500 was Low Sales Price
$730,000 was High Sales Price
$338,563 was Average Sales Price

Days on Market
50 was Low Days on Market
285 was High Days on Market
134 was Average Days on Market

9.5 current number of months inventory
Crownsville market is a Buyers Market



Absorption Rates
0-4 months- Sellers Market
5-6 months0 Neutral Market
7+ months- Buyers Market

Click here to see homes for sale in Crownsville
 



Keep in mind that Crownsville offers homes in price ranges starting from $24,900 for a mobile home to $2,995,000 for an estate home in Cranberry Woods. With this range in home prices the average sales price will fluctuate quite dramatically from month to month depending on the overall price range that sold. The above report is an overall statistical reading from the Multiple List (MRIS). For a detailed report targeted to your particular price range in buying or selling a Crownsville home please give me a call.  410-440-7839 or drop me an email                   martha@homesaroundannapolis.com

                                                                         If your home is currently listed for sale this market report is in no way a solicitation of that listing 

Posted by
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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  

L&F LOgo


 

 

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Martha you've presented a great market report on Crownsville MD.  I enjoyed the slide-show.  Happy Valentines Day to you and yours my friend.

Feb 14, 2012 02:35 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Hi Martha,  Great market report with lots of useful information.  Happy Valentines Day!

Feb 14, 2012 03:19 AM
Martha Brown
Long & Foster Real Estate, Inc., Annapolis MD 21403 - Annapolis, MD
Your Homes Around Annapolis Agent

Thanks john and Belinda. Happy Valentines day to you both!!

 

Feb 14, 2012 05:02 AM
Steve and Jan Bachman
RE/MAX Gateway, Reston, Herndon, Ashburn, Sterling, Fairfax - Herndon, VA
Realtors - Northern Virginia

Martha this is in the top 1% of market reports! Wow...very few agents bother at all. Good work.

Like you I have lots of Picnik photo shows...back to the drawing board. I sense a major do over in the offing.

Feb 14, 2012 08:15 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

You seem to be working hard with all these details, Martha! Keep up all the good work! Love and light to you!

Feb 14, 2012 02:52 PM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Martha - Great, local real estate market report.  You've given buyers and sellers a lot of good information to use.  Nicely done!

Feb 15, 2012 10:29 AM