Townhomes For Sale In Tidewater Colony In Annapolis Maryland
Tidewater Colony in Annapolis Maryland is located on the Bestgate Corridor. Built in the late 90's, this community offers residents both townhome and condominium living. There are two basic models of townhomes in the community, one with a garage and the other without a garage. There are several other minor variations with kitchens in the front or back. Otherwise most of the units are three bedroom, two full bath in design. There townhomes with garages are all above grade, while many of the non-garage townhomes are have basements and some with walk-outs. Living at Tidewater Colony means being located about ten minutes from everything that Annapolis has to offer. The Annapolitan nightlife, shopping, dining, and other local are attractions are close by. There are often several Tidewater Colony townhomes for sale in the community at any time. From Tidewater Colony it is an easy commute to Washington, Baltimore, nearby government contractors or other local area employers. BWI, the region's international airport, is about 20 minutes away.
While there are two different community associations, one for the townhomes and one for the condominiums, the Tidewater Colony Homeowners Association manages the shared facilities that includes the clubhouse, tennis courts, and outdoor pool. In my opinion, two associations means better allocation of expenses.
In 2012 there were 7 townhomes sold in Tidewater Colony in Annapolis Maryland. The average list price was $366,829 and the average sold price was $361,843 for a 96.70% discount off the original list price. The minimum sales price was $321,500 and the high sales price was $392,500 with a median sales price of $356,000. These homes were on the market for an average of 48 days. Click 2012 Townhome Sales In Tidewater Colony In Annapolis Maryland to view the details.
Buyers can still find townhomes for sale in Tidewater Colony in Annapolis at bargain prices. While it is true that the townhome market has been weaker than single family homes, there are still excellent choices in townhomes for sale in Tidewater Colony.
At the end of 2012 inventory levels were at record lows not seen since before 2006. Is there a slow shift ahead from a buyer's market to a seller's market? Interest rates are expected to remain very low for sometime to come, so borrowing money to buy a home can often be less expensive than renting. The convergence of low sales prices and low mortgage rates makes for an unprecedented opportunity for buyers looking to purchase a townhome at Tidewater Colony in Annapolis Maryland.
You can also find posted a comprehensive report on current real estate market trends in Annapolis on my website. There you will find charts that track four leading real estate market indicators including: pending sales, average sales price, average days on market, and average sold price to original list price. Real estate information like this can help you make the market trends your friends so that you never overpay for your next home or offer too little and miss an opportunity. The chart (above) is interactive and is automatically updated about the 10th of every month.
Find Townhomes for sale in Tidewater Colony in Annapolis Maryland
Visit my website to search for townhomes for sale in Tidewater Colony in Annapolis or to be notified when Annapolis Townhomes come on the market. Or to find out what your Tidewater Colony townhome is worth in the current real estate market email me or call 443-994-8043.