Homes For Sale In Homewood In Annapolis Maryland
Many Annapolitans call Homewood in Annapolis Maryland home. Homewood encompasses much of the West Street commercial district, and is close to the trendy West Annapolis shopping district, and is adjacent to the Navy-Marine Corps Memorial Stadium (Go Navy! Beat Army!). In addition you are in the sailing capital of the world. What more could you ask for from an in-town location! There is a wide variety of homes for sale in the community. When you live in Homewood you enjoy access to a vibrant nightlife, a variety of restaurants, and upscale and boutique shopping. Annapolis is well located only a short distance from Washington and Baltimore. Annapolis is also near BWI, the region's international airport. Both the United State Naval Academy and St. John's College call Annapolis home.
In 2012 there were 21 homes sold in Homewood in Annapolis Maryland. The average list price was $494,824 and the average sold price was $481,662 for a 92.96% discount off the original list price. The minimum sales price was $355,000 and the high sales price was $760,000 with a median sales price of $420,000. These homes were on the market for an average of 128 days. Buyers can still find homes for sale in Homewood in Annapolis at bargain prices. While it is true that homes in Homewood in Annapolis are often expensive, there is still an excellent selection of homes for sale in Homewood.
At the end of 2012 inventory levels were at record lows not seen since before 2006. Is there a slow shift ahead from a buyer's market to a seller's market? Interest rates are expected to remain very low for sometime to come, so borrowing money to buy a home can often be less expensive than renting.
I have also posted a comprehensive report on current real estate market trends in Annapolis on my website. There you will find charts that track four leading real estate market indicators including: pending sales, average sales price, average days on market, and average sold price to original list price. Real estate information like this can help you make the market trends your friends so that you never overpay for your next home or offer too little and miss an opportunity. The chart (above) is interactive and is automatically updated about the 10th of every month.
Find homes for sale in Homewood in Annapolis Maryland
Visit my website to search for homes for sale in Homewood in Annapolis or to be notified when Annapolis homes come on the market. Or to find out what your Homewood home is worth in the current real estate market email me or call 443-994-8043.
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