theroskellyteam's Blog: Odenton Real estate and homes for sale in Maryland 21113

Odenton real estate actually fared better than many close by cities when it came to the turbulent 2008 real estate market.  This is in part thanks to the appeal of Piney Orchard a large community within the city of Odenton which is a most popular destination particularly with military members relocating from out of state.

In July, the peak selling month for the year we were down about 22% in the number of homes sold as compared to July 2007 with an average sales price of $340,000.  By October, the figures were a little more grim with a 32% decrease in the number of home sales and an average price of just $317,000.  As all areas of Anne Arundel county are experiencing, the increase in the number of foreclosures and short sales was partly to blame.  But the…