Anne Arundel County Real Estate Update and Market Statistics for August 2009
Posted Sep 30, 2009 @ 5:52 pm, Viewed by 164 Visitors, Read 166 Times.We saw a pretty substantial increase in the number of sales in the Fort Meade area and Anne Arundel county this month. We're down just a bit on the number of sales from July but still a healthy sign that we might be headed for some stabilization. While sales prices are down 4% thats less than half of July's 11%.
As the Federal tax credit for 1st time home buyers winds to it's conclusion on November 30, 2009, we're seeing a last little up surge in activity for September and I'll try to get those statistics posted soon as I'm sure they are going to bring us some good news.
We want and need for the Federal government to continue some type of incentive program as this is the fastest way to help our real estate market rebound. Let's hope they come out with something even better for 2010! There has been talk about a $15,000 tax credit that would be extended to all home buyers but at this point nothing has been finalized.
| Anne Arundel County Maryland | |||
| Period | Average sale price |
Days on market |
Number of homes sold |
| Aug-08 | $ 390,280 | 123 | 449 |
| Aug-09 | $ 374,835 | 131 | 487 |
| Change 2008/2009 | $ (15,445) | 8 | 38 |
| Percentage change 2008/2009 | -4% | 7% | 8% |
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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