Piney Orchard Homes for sale - Spring Inventory update and market watch

We are just beginning to hear whisperings of times gone by in the form of multiple offers AND lower days on market for homes listed for sale in the Piney Orchard subdivision in Odenton and the greater Fort Meade area.   Inventory has dropped as many not so serious home sellers have simply given up and withdrawn their listings from the market.  We are also seeing a pretty substantial increase in the amount of active home buyers in Anne Arundel County.  Those factors have combined to show a decrease in days on market, down to an average of 99 as compared to February's 113 days. While we are still battling with prices that hover around the levels we had in 2005 and early 2006 all the factors are in place for us to start seeing a slow but steady climb in housing prices.  Is this a great beginning to a strong 2007 selling season or a temporary blip as homebuyers venture out in droves after the cold winter weather?  That has yet to be seen, but those of us in the real estate community are optimistic.  Smart buyers are recognizing that conditions have never been more favorable for a home purchase.  And Piney Orchard real estate is the hottest in the area.   But if you are thinking about buying a home you'd better hurry, if the real estate market continues as it is  those huge seller concessions could soon be a thing of the past as we work towards a more balanced market.

Use the quick MLS listing links below to view all Piney Orchard homes for sale and homes for rent in Odenton, MD.

•  All listings
•  Town home & Condo listings
•  Single family home listings

Have questions about the Piney Orchard real estate market or homes for sale?  Don't hesitate to visit us on line at www.PineyOrchardHomes.com.  We are happy to help with all of your real estate needs.

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