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Crownsville, MD Market Report for February 2012

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

 

Crownsville Market Report- February 2012
 
 Crownsville market Report


Crownsville offers a variety of homes and lifestyle. From waterfront, water access, estate homes and everything in between, Crownsville is a great area to call home. And it is conveniently located for heading to Annapolis, a quick trip to Rt 97 towards Baltimore and even Washington DC is easily obtainable.

Sales in February were up by 37% over the previous month and up 77% over February a year ago!! Average sale prices are on the rise too!!  These numbers show a doubling of sales this time of year for the past 3 years. 3 of the 11 sales offered closing assistance to the buyer

 
                                  This is great news for Crownsville homeowners!!



 


The following Crownsville Market Report is for the month of February 2012 
 
 

67  # of Active Crownsville Homes For Sale as of this report
5   of these homes are Waterfront 
23   # of  Homes Under Contract as of this report
3   of these homes are Waterfront
 of these homes are Foreclosures
2  of these homes are Short Sales

11    # of Crownsville Homes Sold in the Month of December
4 of these homes were waterfront
4 of these homes were Foreclosures or Short Sales


Sale Prices
$168,000 was Low Sales Price
$790,000 was High Sales Price
$440,605 was Average Sales Price

Days on Market
17 was Low Days on Market
353 was High Days on Market
146 was Average Days on Market

As of February there is 6 months of inventory


Absorption Rates
0-4 months- Sellers Market
5-6 months0 Neutral Market
7+ months- Buyers Market

Click here to see homes for sale in Crownsville
 



Keep in mind that Crownsville offers homes in price ranges starting from $24,900 for a mobile home to $2,995,000 for an estate home in Cranberry Woods. With this range in home prices the average sales price 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). For a detailed report targeted to your particular price range in buying or selling a Crownsville home please give me a call.  410-440-7839 or drop me an email                   martha@homesaroundannapolis.com

                                                                         If your home is currently listed for sale this market report is in no way a solicitation of that listing 

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!

Realtor® Martha Brown is ready to assist you with all your Crownsville MD real estate needs.  Contact Martha today!

Mar 21, 2012 06:25 AM