Annapolis Waterfront Market Report- March 2012
 
Thomas Point Lighthouse


Annapolis is surrounded by water and offers a huge expanse of waterfront living opportunities. From shallow wetlands to deep, deep water, from condos to exquisite estates waterfront living in Annapolis is a huge part of living the Annapolis lifestyle.

Please keep in mind that this Annapolis Waterfront Market Report is for the Annapolis zip codes 21401, 21403, 21409. If you have or want to buy a waterfront home in another zip code I would be happy to do a market report for that area as well. Just let me know.

Waterfront home sales decreased by 1 over the previous months sales and decreased by 2 over March 2011 sales 5 out of the 9 sales gave closing help to the buyers ranging from $1,500 on a $185,000 sale to $20,000 on a $1,200,000 sale. As for sales price.... low and high sale prices can and do fluctuate dramatically due to waterfront homes being unique to themselves. One large sale or even one low sale can send the numbers askew so I will not be giving sale figures on price month over month or year over year. 

 


The following report is for the Annapolis zip codes 21401, 21403, 21409


Online Graphing


142    # of Active Waterfront Homes For Sale as of this report
29   #of Waterfront Homes Under Contract  

9   # of Sold Waterfront Homes in the month of February  

Of the 10 that Sold in February

$185,000 was the Low Sales Price
$1,612,500 was the High Sales Price
$490,000 was the Median Sales Price

List Price to Sale Price Ratio
89.83% Median

Average Days on Market
181 

There were 7 waterfront homes withdrawn from the market in March


15.7-   # of months supply given current inventory against Solds.

Absorption Rate Chart
0-4 months- Sellers Market
5-6 months- Normal/Neutral Market
7+ months- Buyers Market


To view waterfront, water view and water privileged homes for sale
CLICK HERE



January 2012 Market Report

February 2012 Market Report

 



Each waterfront home is unique to itself and the area and water it is on. The above report is an overall statistical reading from the Multiple List (MRIS). For a detailed report targeted to your particular interest in buying or selling a waterfront home give me a call. 

If your home is currently listed for sale this market report is in no way a solicitation of that listing 
 
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About the Author- Martha Brown is a Certified Residential Specialist (CRS) whose passion is homes in the Annapolis MD area and surrounding communities. As a 3rd generation Annapolitan she writes about her experiences in and out of the real estate market. Martha has been a local Realtor(R) since 1992 of which all have been associated with Long & Foster Real Estate, Inc., the largest independently owned real estate company in the Mid Atlantic.

Martha would love to hear from you so give her a call any time. Sharing her Annapolis MD area expertise is her passion.  You can reach Martha at 410-440-7839 (cell) or 410-260-2800 (ofc)

 Martha@TheRealEstate-Lady.com

Martha Brown nnapolis Realtor

 
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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.  

Every effort has been made to assure that the information in this blog is as accurate as possible. Martha Brown of Long & Foster Real Estate, Inc. disclaims any implied warranty or representation about it's accuracy, completeness or appropriateness for any particular purpose. This includes but is not limited to any information provided by third parties which is accessed through this blog via a hyperlink.

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This post has been included in Maryland Real Estate News Anne Arundel County, MD Real Estate News Annapolis, MD Real Estate News
Post is included in group: Diary of a Realtor
Post is included in group: Market Reports
Post is included in group: Maryland Real Estate and Mortgage Group
Post is included in group: HyperLocal Neighborhood and Community Posts

3 Comments on Annapolis MD Waterfront Market Report for March 2012

APR
20
2012
598,724 Points 48 Featured Posts Outside Blog Called Shot Master

If you're in search of an Annapolis Waterfront Realtor® contact Martha Brown and put her expert real estate knowledge to work for you today!

8:30am • #1

More than a Realtor...but rather Specialist!  Great post not only for the pic and graphic but rather up to date and acurate information.

So good to see you the other day, I really enjoyed talking.

Have a great weekend.

6:19pm • #2
APR
21
2012
662,232 Points 55 Featured Posts Outside Blog Called Shot Master
Hi Martha. Another great market report with very valuable information for the public to see!
12:01pm • #3


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Martha Brown Annapolis & Anne Arundel County, The Real Estate Lady (Long & Foster Real Estate, Inc) Rainmaker_large

Martha Brown Annapolis & Anne Arundel County

The Real Estate Lady

Annapolis, MD

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Long & Foster Real Estate, Inc

Address: 320 Sixth Street, Annapolis, MD, 21403

Office Phone: (410) 260-2800

Cell Phone: (410) 440-7839

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