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Piney Orchard Market Report for January 2012

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

 

Piney Orchard Market Report For January 2012
piney orchard market report
Piney Orchard is a beautifully planned community nestled in the zip code of 21113. Offering amenities galore including pools, nature trails, ball fields, playgrounds, community center, exercise facilities, shopping and easy commuting, Piney Orchard is the perfect community for an easy living lifestyle.

Piney Orchard is keeping pace with December sales with both months noting 10 closings and a whopping 30% increase over January 2011 sales. The rental market remains strong with 15 available as of today. Piney Orchard currently has 6.2 months of inventory.

 

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As of today there are 62 ACTIVE listings for sale:
5 are single family homes 
30 are Townhomes 
27 are Condos
13 are Short Sales and 0 are Foreclosures


39 properties are under contract
5 are single family
23 are Townhouses
8 are Condos
3 are Foreclosures

14 are Short Sales

10 properties Sold in the month of January
0 were single family homes
9 were Townhouses
1 was a Condo
0 were Foreclosures
4 were Short Sales


There are 15 properties available for rent

Piney Orchard has 6.2 months of inventory

Market Absorption Numbers
0-4 months is considered a Sellers Market
5-6 months is considered a Neutral or Normal Market
7+ months is considered a Buyers Market



If you are thinking about buying or selling in the community of Piney Orchard
I can help.

I have been an Annapolis Area Real Estate Agent
working with Buyers and Sellers in Piney Orchard
 since 1992



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


 

 

Comments (3)

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

The name Piney Orchard just sounds like a wonderful place to live, play and love life.

Feb 16, 2012 10:58 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Thank you for the positive news.  please folks, lets all join in to keep the positive news coming as we try to recover.

Feb 16, 2012 11:28 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Martha - Another great, local real estate market report.  I really liked the community description with the market data.  Nicely done!

Feb 16, 2012 11:56 AM