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Heritage Harbour Market Report for December 2011

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

 

Heritage Harbour Market Report for December 2011 

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


Heritage Harbour saw 1 less home sold in December over November. The average sales price declined in December which is pretty normal for the winter market. Days on market declined from an average of  73 days in November to an average of 63 days in December.  There currently are 9 homes under contract.

 

heritage harbour market report
 
As of today there are 46 homes, condos, or townhouses for sale.
9 homes are currently under contract
6 homes sold in the month of December
6 homes available for rent


$134,000 Low Sales Price
$375,000 High Sales Price
$243,501 Average Sales Price

9 Low Days on Market
108 High Days on Market
63 Average Days on Market


The current number of active listings against the current sales gives Heritage Harbour 5.75 months of inventory. This means Heritage Harbour is in a normal market.

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


 

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





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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


 

 

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Contact Realtor® Martha Brown for all your Heritage Harbour real estate needs.

Jan 26, 2012 06:57 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Martha--Love the view of the golf path.  Makes me want to go for a walk.  The market report stats look favorable for both buyers and sellers.  Good luck in 2012.

Thanks for your comments about my sister who is doing a bit better.

Jan 26, 2012 08:29 AM
Ellie McIntire
Ellicott City Clarksville Howard County Maryland Real Estate - Ellicott City, MD
Luxury service in Central Maryland

I will take some of that lovely sunny weather too. A well written market report.

Jan 26, 2012 03:01 PM