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Anne Arundel County Real Estate - Market Report for June 2007

By
Real Estate Agent with Long & Foster Real Estate, Inc.

ANNE ARUNDEL COUNTY REAL ESTATE -

There were almost 3 times as many new listings in Anne Arundel County last month as there were new "solds", according to MRIS, but most real estate sales statistics were relatively stable last month.   The difference from June 2006 to 2007 was less than 10% in every category, except Average Days on Market.

Total Sold Dollar Volume was down a mere 5.93% from $317,922,308 to $299,060.159, primarily because the Total Units Sold went down from 750 to 676 last month.  Yet both the Average Sold Price and Median Sold Price were up.  

  Anne Arundel County   June 2007  June 2006
Total Sold Dollar Volume:   $ 299,060,159   $ 317,922,308      - 5.93 %
Average Sold Price:$ 442,397$ 423,896 4.36 %
Median Sold Price: $ 359,900$ 351,750 2.32 %
Total Units Sold: 676750 - 9.87 %
Average Days on Market:9758 67.24 %
Average List Price for Solds:$ 468,347$ 446,095 4.99 %
Avg Sale Price as a percentage of Avg List Price:94.46 % 95.02 %

Margaret Woda, Crofton MD, RE/MAX VisionMany additional statistics are available, but these are the highlights.  If you would like more information about the County or any zipcode within the County, please contact me at mwoda@remax.net

Overall, I'm encouraged by the numbers in Anne Arundel County compared to some other areas.  It remains a good place for your real estate investments!

 

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This infoMargaret Wodarmation was provided to you by Margaret Woda, an Associate Broker with Long & Foster Real Estate in Crofton Maryland. Contact Margaret today for general real estate information or to learn how she can help you buy or sell a home in Annapolis, Bowie, Crofton, Davidsonville, Gambrills, and Odenton. 

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