Piney Orchard Real Estate update October 2009 Sales Information

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We saw another slight increase in the volume of sales in October though the average sales price continues to fall.  This  month's decline was primarily the result of a sales volume that was heavy on condominiums.  Of the 19 sales, two were short sales and two were foreclosures.  The rest were normal transactions.  Piney Orchard like Crofton remains a top pick for local real estate buyers and values are holding steady.

Piney Orchard      
Period Average          sale price Days on market Number of homes sold
Oct-08  $356,484   94 12
Oct-09  $349,910   70 19
Change  $(57,384) -16 3
% change 2008/2009       -16% -17% 25%

 

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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