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Odenton Real Estate and Homes for Sale

Odenton MD real estate news and information.

Piney Orchard Rental Homes October 2012

PineyOrchardHomes posted this 658 Views

After several months of a huge shortage of rental housing in Piney Orchard inventory is slowly building again.  This is to be expected after school starts and families are settled in for the year.  Since October 1st 2012 44 rental properties have been listed in Piney Orchard.  Of those listed 22 homes have already been rented with another 7 that have applications pending.  There is a high inventory mark for the year of 15 active properties in this popular Odenton MD community.   They ran...

September 2012 real estate sales statistics for Piney Orchard in Odenton MD 21113

PineyOrchardHomes posted this 570 Views

September brought a pick up in home sales in the Piney Orchard market with 20 homes closing this month. Of those 2 were detached single family homes that sold for $410,000 for a smaller single family home and $415,000 for a larger model that seems to have been underpriced but was on the market for 40 days.  The average days on market was 58 and the average closing help was $8,500. There were 9 townhome sales ranging in price from $275,000 to $375,250 with the high sale being credited t...

August 2012 real estate sales statistics for Piney Orchard in Odenton MD 21113

PineyOrchardHomes posted this 523 Views

There were 10 sales in the month of August in Piney Orchard.  This is down 7 from the previous month. There were 3 single family homes sold with an average sales price of $483,600.  They sold in an average of 58 days and none of the sellers provided closing help to the buyers.  There were 5 townhome sales ranging in price from $234,000 for a back-to-back unit to $334,700 for a one car garage.  The average sales price was $312,040 and average days on market of 43. There were only 2 ...

July 2012 Piney Orchard real estate sales statistics

PineyOrchardHomes posted this 518 Views

There were 15 homes that sold in Piney Orchard in July 2012.  This is a decrease of 7 homes over the previous month. Two of the sold homes were detached single family properties with garages.  Those homes sold for $440,000 and $465,000 with an average of about $6,500 in closing help.   The average days on market for these homes was just over two weeks...a strong indicator that the demand for single family homes is much greater than the supply. There were 6 townhome sales with an avera...

FHA 203K Loans for Repairs and Improvements

PineyOrchardHomes posted this 866 Views

With so many bank owned properties and short sales that need repair being sold "as is", we have noticed a resurgence in the FHA 203K renovation loan.  The program is a great tool to use when purchasing a home in need of repairs to make it habitable OR even better to finance improvements and upgrades including granite countertops, hardwood floors and more! Why Use the Rehab 203K Loan? 1. Combine the mortgage and home improvement financing into one low rate mortgage 2. Eliminate...

Piney Orchard Real Estate Inventory

PineyOrchardHomes posted this 558 Views

Interested in purchasing a home or renting a home in Piney Orchard?  Or are you a homeowner that just wants to keep tabs on inventory and pricing?  The links below will take you to up-to-the-minute information on Piney Orchard real estate inventory.   Rental properties are in high demand right now as inventory is at an all time low.  We're also very low on single fammily inventory but that is the norm.  Well prepared and priced single family homes in Piney Orchard are selling in less ...

June 2012 Piney Orchard Real Estate sales statistics for Odenton MD 21113

PineyOrchardHomes posted this 435 Views

There were 22 sold homes in Piney Orchard, Odenton MD in June. That is down slightly (by 3) from last month and down just a little from the same period in 2011 but we continue to see very strong interest and we should catch back up by July. The average home sale prices and days on market broke down as follows: $443,500 there were two single family home sales this month that sold in an average of 13 days. Both homes were located in Chapel Village @Piney Orchard. These homes are in high...

May 2012 Piney Orchard Real Estate sales statistics for Odenton MD 21113

PineyOrchardHomes posted this 484 Views

There were 25 home sales total in the Odenton community of Piney Orchard in May 2012. That is eight more total sales than the same period in 2011. The upward trend of buyer and renter interest continues in a big way and home values in Piney Orchard are on the rise! The average home sale prices and days on market broke down as follows:$499,000 for the one single family home that settled this month with just 22 days on the market $318,541 for 17 Piney Orchard townhomes with 94 days on th...

April 2012 Piney Orchard Real Estate sales statistics for Odenton MD 21113

PineyOrchardHomes posted this 598 Views

There were 18 homes sold in Piney Orchard in April 2012. That is DOUBLE what was sold in the same period in 2011. The upward trend continues and people are getting excited about real estate again. It was very encouraging to see the increase in condo sales and that the price held steady. The average home sale prices and days on market broke down as follows$446,000 for single family homes with an average of 75 days on the market$289,000 for Piney Orchard townhomes with 191 days on the ma...

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

PineyOrchardHomes posted this 531 Views

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 ...