Fort Meade area real estate quarterly sales analysis near Maryland 20755

Posted Jul 21, 2009 @ 5:05 pm, Viewed by 284 Visitors, Read 293 Times.

We've seen a huge increase in activity that we really expected to come out in the stats this quarter but it didn't.  In hindsight it looks like the increase we are feeling as Fort Meade area real estate professionals is actually due to the decrease in the number of Anne Arundel County real estate agents.  Our volume has almost doubled year to date and we've had to grow our team by one additional full-time Realtor and a part-time assistant.

Here's the most recent analysis of both 1st and 2nd quarter sales comparing 2008 to 2009

Odenton Maryland 21113    
1st Quarter  Average sale price Days on market Number of homes sold
January - March 31, 2008  $345,661 100 96
January - March 31, 2009  $308,663 131 61
Change 2008/2009  $ (36,998) 31 -35
Percentage change 2008/2009        -11% 31% -36%
       
2nd Quarter Average sale price Days on market Number of homes sold
April - June 2008  $349,897.00 119 116
April - June 2009  $316,674.00   93   93
Change  $(33,223) -26 -23
Percentage change 2008/2009       -10% -22% -20%
       
Severn Maryland 21144    
1st Quarter  Average sale price Days on market Number of homes sold
January - March 31, 2008  $313,533 109 46
January - March 31, 2009  $303,022 119 46
Change  $(10,511) 10  0
Percentage change 2008/2009       -3% 9% 0%
       
2nd Quarter Average sale price Days on market Number of homes sold
April - June 2008  $342,811 143 79
April - June 2009  $341,177 120 67
Change  $ (1,634) -23 -12
Percentage change 2008/2009       0% -16% -15%
       
Crofton Maryland 21114    
1st Quarter  Average sale price Days on market Number of homes sold
January - March 31, 2008  $357,982 113 65
January - March 31, 2009  $320,791 121 47
Change  $(37,191) 8 -18
Percentage change 2008/2009       -10% 7% -28%
       
2nd Quarter Average sale price Days on market Number of homes sold
April - June 2008  $342,811 104 95
April - June 2009  $341,177 110 77
Change  $ (1,634)     6 -18
Percentage change 2008/2009       0%    6% -19%
       
       
Gambrills Maryland 21054    
1st Quarter  Average sale price Days on market Number of homes sold
January - March 31, 2008  $475,882 207 20
January - March 31, 2009  $547,806 109 16
Change  $71,924 -98 -4
Percentage change 2008/2009       15% -47% -20%
       
2nd Quarter Average sale price Days on market Number of homes sold
April - June 2008  $473,370 115 24
April - June 2009  $395,650   93 14
Change  $(77,720) -22 -10
Percentage change 2008/2009       -16% -19% -42%

*  Updated 9/9/09

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Laura Roskelly, Realtor GRI, ABR, ASR, E-Pro
Accredited Home Staging Professional
RE/MAX Leading Edge
1360 Main Chapel Way
Gambrills, MD  21054
(410) 721-6694
E-Mail: FortMeadeHomes@aol.com
On-line:  www.FortMeadeHomes.com

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Fortmeadehomes

Fortmeadehomes Our military family team of full-time real estate agents has been serving the Fort Meade Maryland area for over 8 years.  We've helped hundreds of families buy and sell real estate near Fort Meade.  Our web site was designed by a military wife to answer all the questions you may have when relocating to the Fort Meade area including what cities and counties are close to Fort Meade, reports for public and private schools, on-base resources, community information and photos, foreclosure sale information, property values as well as complete access to all MLS listings of homes for sale and homes for rent near Fort Meade.  If you are planning to buy or sell your Fort Meade area property you can trust our team to provide you with the very best results guaranteed.  The Fort Meade Homes Team is your best resource for real estate information.  Call or visit us on-line today! Read More

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