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Crofton MD Real Estate - Market Report for week of 11/18/12 to 11/24/12

By
Real Estate Agent with Coldwell Banker Residential Brokerage 531132

Crofton MD

The Crofton, MD real estate market had another solid performance during the week of 11/18/12 to 11/24/12.

Particularly strong were SOLD listings which totalled 7. The prices ranged from $189,900 to $439,000. These prices fit nicely in the range of first time homebuyers to move up.

Only 3 new Active listings came on the market last week, and with the 7 that were sold, the inventory of Standard Resales remains very low at 44.

Rentals are still outperforming in the Crofton market. While 3 new Active rentals came on the market, applications were accepted on 5, and 3 more were fully rented. With only 18 available rentals, this is going to put pressure on when the PCS moves start in January.

The current Crofton, MD active inventory is:

  • Standard Sales - 44
  • Potential Short Sales - 13
  • Foreclosures/REO - 0
  • Rentals - 18


If you’re not already working with an agent to buy or sell in Crofton, MD, or anywhere in the surrounding area...I can help. Call Rich at 443-995-9595.

 

To search for all homes use RichSellsHomes.com

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 Richard Iarossi is a full time licensed REALTOR®, working in Crofton, MD. My coverage areas are: Anne Arundel, Prince George’s, Howard, Calvert, Queen Anne, and Baltimore City and County. I specialize in residential real estate, working with both buyers and sellers. Use the registration free search on my website at www.RichSellsHomes.com. If you’re not already working with a REALTOR®...I can help. Call me at 443-995-9595 (Cell) or 410-451-6255 (Office).

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All information is deemed reliable but should be independently verified. Property information is subject to change without notice.

 

Comments (4)

Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

I find it interesting that the rental market is leading.  I wish you well selling the area.

Nov 25, 2012 12:12 AM
Jack Gillis, M.B.A., J.D., LL.M. Dallas, Texas 214.718.4910
Coldwell Banker Apex, Realtors - Dallas, TX
Locally Known, Globally Connected, COLDWELL BANKER

Interesting post. It is always helpful when useful information is placed on the blog.

Nov 25, 2012 12:21 AM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

Sounds like the Crofton market is coming back. I did a quick jaunt on Google Earth to look around and I'm impressed, Crofton is a very nice looking community and I love it's built around a golf course. 

Nov 25, 2012 04:46 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Richard

The standard sales are looking strong in Crofton Maryland.

Good luck and success.

Lou Ludwig

Nov 25, 2012 04:54 AM