The Piney Orchard real estate market is stabilizing and the number of September sales in 2009 was just slightly lower than in 2008.
The high sale for the month was a single family home priced at $489,900 that sold for $460,000 with $20,000 in closing help.
The low sale was a foreclosure condo on Samantha Lane that sold for $183,500 some $70,000 less than it's original sale price in 2006.
There was one foreclosure sale and one short sale in Piney Orchard in September which is well below the stats of surrounding communities in Odenton.
|Period||Average sale price||Days on market||Number of homes sold|
|September 2008||$ 301,303||93||13|
|September 2009||$ 329,308||76||12|
|% change 2008/2009||15%||-6%||-15%|