Annapolis is surrounded by communities offering a variety of lifestyles and when one is looking for 1+ acre, room for horses, a place to garden or just want some elbow room Davidsonville is the place people head. Located southwest of Annapolis, Davidsonville is a great commuter location for Washington DC. Homes range from $294,500 for a 1200 sq ft home on a third of an acre to $1,700,000 for a 2300 sq ft home on 83 acres.
Davidsonville real estate for 2012, overall, saw a 10% rise in number of homes sold over the previous year. 2012 also saw the median sale price rise from $652,500 in 2011 to $749,000 in 2012. Homes sold in 2012 for, on average, 95.30% of list price compared to 2011 where the number was 95.04% of list price. Good news for the Davidsonville market. So lets see how January did to start the new year.
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15- number of homes currently under contract (Up 4)
5- number of homes settled in January (Down 1)
Solds for January 2013
$300,000 Low
$1,400,000 High
$500,000 Median
Absorption Rates
0-4 months is considered a Sellers Market
5-6 months is considered a Neutral/Normal Market
7+ months is considered a Buyers Market
Note: Davidsonville offers homes in a wide arrange of prices which means the high, low and median prices 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) on Davidsonville as a whole for the month noted.
For a detailed report targeted to your particular interest in buying or selling a Davidsonville home contact me at 410-440-7839
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