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March 2012 Real Estate Sales Statistics for Piney Orchard in Odenton MD 21113

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There were 16 homes sold in Piney Orchard in March 2012. We really liking the upward trend on the number of homes sold and the average sales price and we're hoping that it continues into the 2012 prime selling season. Interest rates are low and buyers are getting back into the market including investors!

The average home sale prices and days on market broke down as follows
$412,300 for single family homes with an average of 119 days on the market
$315,000 for Piney Orchard townhomes with 126 days on the market *
$194,950 for condominiums in Piney Orchard with an average of 122 days on the market of 104

Of the homes successfully sold, 2 were short sales. We're starting to see a small but steady stream of these in the community as underwater homeowners are choosing this option over walking away or renting. If you are considering a short sale or just want to explore your options we can help!

There were 2 foreclosure sales this month. Piney Orchard has been historically low on foreclosures so this number isn't alarming. We'll be watching closely though as rumor has it the banks have loads of inventory waiting to be unleashed. Please before you even consider walking away from your home, contact us for options.

There were no Military HAP sales identified this month.

The Roskelly Team has been working in the Odenton real estate market since 1999. We specialize in traditional sales, short sales, military HAP sales, purchases and rentals in the community of Piney Orchard which is one of the top requested areas for Fort Meade employees and relocation clients.

* includes all style townhomes and back-to-back units

Your RE/MAX Piney Orchard & Odenton real estate specialists since 1999. Ask about FREE home staging services for our sellers, three free promotion for home buyers (save up to $1,000) and free rental locator services.

Jessica Ballas, Realtor &
Accredited Home Staging Professional
RE/MAX Leading Edge
(443) 623-4523 ~ Mobile
(410) 721-6694 ~ Office
E-mail: Jessica@TheRoskellyTeam.com
On-line at: www.PineyOrchardHomes.com

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