Piney Orchard Real Estate - Supply and Demand

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Our Piney Orchard real estate listings are selling in days with multiple offers!  The demand is the highest I've seen it in recent memory and inventory is low. Available inventory includes*:15 Condos and Townhomes priced under $300,00012 Townhomes priced under $400,0003 Large Townhomes/Villas priced between $400,000 and $525,0008 Single family homes priced from $569,000 - $699,000Of the 59 homes under contract right now the average days on market is at 52 but is quickly shrinking...

Piney Orchard Real Estate Sales March 2016

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The Piney Orchard real estate market is in high gear almost 6 weeks earlier than we would see the "normal" seasonal rush.  Why the change?  A healthier economy and low interest rates have given consumers more confidence to make home buying part of their investment plan for 2016.  Listings are selling in days with multiple offers.   March shows a peak in total closed sales and under contract properties that hasn't been reached in the past 5 years.  If you're a home...

Odenton Real Estate Appraisals

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You've just sold your home, congratulations!  Now you're moving on to the home inspection, the appraisal, preparation of the title work,  a survey and any specialized inspections.  But wait, the buyer's lender just called your agent with the dreaded words "the house under-appraised". So let's say you've sold your home for $350,000 and the appraisers determination of value (the only one that really matters) comes in $10,000 lower at $340,000.  How can this be?  You...

September 2015 Real Estate Sales Piney Orchard Odenton MD

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Home Sales in Piney Orchard were down 33% this month but we saw a corresponding increase of 33% in under contract homes that should balance things out by the end of October.The median sold price was $272,500 continuing a slight upward trend on pricing.  Days on market is up 52% from 46 last year to 70 this year.  This is a trend we are seeing county wide.   If you're thinking of buying a home, selling a home, or renting a home in Piney Orchard contact us today!

August 2015 Real Estate Sales Piney Orchard Odenton MD

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There was a total of 25 closed real estate sales transactions in Piney Orchard this month which represents a very slight increase over the previous years' 23 sales.  The average sales price was $275,000 which is an 11% decrease over 2014, but as always with Piney Orchard real estate the sales price can vary greatly based on the inventory sold.  This month, there were more condo sales and that brought the average price down.   The average days on market for homes dropped sli...

Homes for Sale in Piney Orchard

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Piney Orchard real estate inventory is climbing and prices are dropping but not by much and probably not for long.  It's that time of year when everyone is settling into the school schedule, the temps are falling and the leaves are changing.  And, we are seeing some of the best single family home inventory in Piney Orchard that we've seen all year with three available homes priced at or below $549,900.   You'll also find four rarely available villa homes and a wide selectio...

Piney Orchard Real Estate Sales Statistics July 2015/July 2014

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 Home sales in Piney Orchard were up 13% over 2014 with a total of 26 sales.  An average sales price of $340,446 represents an increase of 15% with days on market up just slightly at 41 days.  If you're thinking of buying, selling or renting a home in Piney Orchard or Odenton, contact The Roskelly Team for experienced, professional service since 1999.

Piney Orchard Real Estate Sales Statistics June 2015

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June home sales in Piney Orchard were a bit of a disappointment with a 23% decrease in the total number of sales and a 6% decrease in the average sold price.  The only good news this month was days on market was down 32% as compared to the same period in 2014.  Of the 21 homes sold, all were either condominiums or townhomes atih an average sales price of $295,898 .  There were no single family home sales this month.

Piney Orchard Real Estate Sales Statistics May 2015

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The Piney Orchard home values increased 13% this month with an average sale price of $331,764 and a total of 22 homes sold.  Days on market climbed from 52 to 70, which is normal market fluctuation and all homes sold were townhomes or condominiums. Thinking of listing your Piney Orchard Home for sale or rent?  Contact The Roskelly Team for a free, no-obligation market value analysis.

Piney Orchard Real Estate Sales Statistics April 2015

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We're starting to see a pick-up in the market following our frigid Winter with lots of snow.  Home sales in Piney Orchard were up by 15% over the same period last year with a total of 21 closed sales at an average sales price of $307,719 which represents an 11% increase over 2014 .  Two of the closed sales were single family homes and the remaining 19 were either townhomes or condominiums.