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Heritage Harbour In Annapolis- Market Report for March 2012

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

 

Heritage Harbour Market Report for March 2012
 
heritage harbour

With its wonderful location on the edge of Annapolis and the amazing amenities within
 Heritage Harbour is the premier Annapolis 55+ community.


Heritage Harbour closed sales were down a tad from February but running neck to neck with February 2011 sales. On average Heritage Harbour homes are selling for 95.72% of their list price.  Sellers helped buyers with their closing costs 2 out of the 5 sales with $7,000 given on a $382,000 sale and $6,000 on a $195,000 sale. Following is the
 
Heritage Harbour Market Report for March 2012
 

 
As of today there are 46 homes, condos, or townhouses for sale. (8% decrease over February)
15 homes are currently under contract (7% increase over February)
5 homes sold in the month of March (38% decrease over February)
1 home is available for rent (50% decrease over February)


$133,000 Low Sales Price
$382,000 High Sales Price
$205,000 Median Sales Price

151 Low Days on Market
331 High Days on Market
213 Average Days on Market


The current number of active listings against the current number of sales
 gives Heritage Harbour 9.2 months of inventory.

Absorption Rates
4 months or under- Sellers Market
5 to 6 months- Normal Market
7 months or more- Buyers Market

January Market Report
February Market Report

 

If buying or selling in the Premier Annapolis 55+ community of Heritage Harbour I can help.
I have been an Annapolis Area Real Estate Agent since 1992
and just listed and sold a Heritage Harbour home in 3 days!!





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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


 

 

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hi Martha, Need to get those days on market down.  Love the golf course picture. 

Apr 24, 2012 01:10 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Martha-

Heritage Harbour is the premier Annapolis 55+ community and looks like a great place to live and play! Congrats on the recent Feature my friend :) 

Make it a grand day in all you do!

John

Apr 24, 2012 01:18 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Martha  I know very well the amount of time, analysis and expertise requires to prepare a report of this type.  Buyers and sellers in Heritage Harbour would be wise to choose your representation

Apr 26, 2012 01:26 AM