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Davidsonville MD Real Estate Update - March 2012

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

March winDavidsonville, MD real estateds blew in a few “sold” signs to Davidsonville MD last month, after a dismal February that saw no new closings at all.

Four properties went to closing during March, ranging from $395,000 to $740,000.

Fourteen properties went under contract during that same month, compared to five the previous month. One of them has already closed, eight of them are firm contracts, and the remaining homes have a contingency. Listing prices for the homes that went under contract ranged from $375,000 – $1,290,000. Two of them were short sales.

Eleven new listings came on the market in March, and two of them are already under contract. For the first time in a while, new listings were outnumbered by new contracts – a very good thing, because it signals a slight decline in the inventory of Davidsonville homes. The new lsitings were priced between $479,900 and $1,195,000.

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Originally posted to Focus On Crofton

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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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