Annapolis Maryland Luxury Real Estate

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Market Assessment - December 2009

The December 2009 data is now available at MRIS.com for Anne Arundel County, Maryland and other metro-Washington and metro-Baltimore counties.  To quickly summarize the December data, the average sale price fell by 4.1% while the dollar volume was up 16.3% from this time last year, while month over month was down -17.5%.  The likely cause of this is the first-time home buyer credit of $8,000 bumped up the November sales but may have been offset by the traditional holiday slow down in residential sales.  Remember, this time last year we were wondering if the housing crisis would continue throughout the winter of 2008-2009.  What a difference a year makes!!!

Year-to-Year

Anne Arundel County - Year-to-Year 2009 2008 % Change
Total Sold Dollar Volume: $ 127,658,116 $ 109,792,750 16.3 %
Average Sold Price: $ 349,748 $ 364,760 - 4.1 %
Median Sold Price: $ 348,876 $ 305,000 - 3.5 %
Total Units Sold: 354 301 17.6 %
Average Days on Market: 110 153 - 27.9 %
Average List Price for Solds: $ 367,988 $ 414,300 - 11.2 %
Avg Sale Price as a percentage of Avg List Price: 95.04 % 88.04 %  

 

Month-to-Month

Anne Arundel County - Month-to-Month Dec. 2009 Nov. 2009 % Change
Total Sold Dollar Volume: $ 127,658,116 $ 154,774,910 - 17.5 %
Average Sold Price: $ 349,748 $ 334,287 - 4.6 %
Median Sold Price: $ 348,876 $ 350,000 0.3 %
Total Units Sold: 354 463 - 23.5 %
Average Days on Market: 110 122 - 10.6 %
Average List Price for Solds: $ 367,988 $ 370,766 - 0.7 %
Avg Sale Price as a percentage of Avg List Price: 95.04 % 90.16 %  

How Does Your Home Compare?

A comparable market analysis shows recent sales for homes similar to your own in location, type and style (for example single family home and colonials), size (for example bedroom and baths), and age.  The Stephen Howell Realty Group provides an online evaluation of your home using real-time data from the multiple listing service (MRIS - our MLS).  The evaluation is interactive, easy to use and best of all FREE.  Click here to get started now.

Information is believed to be accurate, but should not be relied upon without verification.

 

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Stephen Howell, Associate Broker, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying or renting a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell or rent in Annapolis, Maryland and want a professional consultation on current market conditions, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

 Stephen Howell came to Annapolis to sail the Bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis. You'll find that with the right professional by your side, you can Live the Lifestyle and Live in Annapolis.

Stephen Howell and Rocky (his lab-mix from the SPCA of Anne Arundel County in Annapolis) live on the Chesapeake Bay near Annapolis, Maryland. He works in the Annapolis real estate market. His website lets people search the Washington and Baltimore metropolitan area MLS. Buyers can also search for waterfront homes along the Chesapeake Bay. His website has current real estate data on Annapolis, Anne Arundel County, and Maryland.

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