Annapolis Maryland Luxury Real Estate

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Annapolis Maryland Luxury Waterfront Homes

Annapolis Maryland Luxury Waterfront (and Non-Waterfront) Homes

If you have a million dollar or more to spend on a home, just what can you buy in Annapolis, Maryland and the surrounding area?

A Private Setting That Stands Alone

There are 131 homes priced over $1,000,000 dollars in Annapolis, Maryland that are actively on the market (as of today, May 14, 2010).  The average asking price is $2,132,642 with an average of 4 bedrooms and 4 full baths, and have been on the market an average of 270 days.  You might want to check out 1514 Whitehall Road which is a true luxury waterfront manor house offered at $11,900,000 - our most expensive active listing available now in Annapolis.  My personal favorite is the luxury waterfront tudor located at 869 Childs Point Road offered at $8,850,000.  To review the full list of luxury homes priced at $1M-plus in Annapolis, Maryland click here!

There are 16 luxury properties currently "under contract" in Annapolis.  The average asking price is $1,922,688 with an average of 4 bedrooms and 4 full baths, and have been on the market an average of 184 days.  The most expensive home in this group is the luxurious property located at 7 Carrollton Road offered at $6,495,000 (of special interest might be that it is a potential short-sale).  It really is a stunning home located in a superb location.  To browse the list of million dollar homes under contract in Annapolis, Maryland click here!

There were 10 luxury homes sold in Annapolis in the last 90 days.  That translates into 39.7 months of inventory.  Clearly a buyer's market for those shopping above one million dollars.  The average days on market for those homes sold was 315.  Selling at an average discount of 23% off their original asking price, the avearge sold price is $1,629,237 with an average list price of $1,924,380 at the time of sale (where as the average list price at the time these home were listed was $2,164,880).  My favorite of this group is 92 Quarter Landing becuase of the unique architecture (I'm a big fan of contemporary and extraordinary architecture).  This home was offered at offered at $2.8M and settled at $2.4M.  To explore the list of multi-million dollar homes that have sold in Annapolis in the last 90 days click here!

So Just What Can You Buy For A Million Dollars?

If you have a luxury waterfront home to sell at Annapolis, Maryland and want a professional consultation on current market conditions or if you are interested in purchasing a luxury home in Annapolis or the surrounding area and want to tour any property currently on the market, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

Ah the good life!!!

Stephen Howell, Sales Associate, Coldwell Banker Residential Real Estate, Sarasota, FloridaIf you are interested in buying a home in Sarasota, Florida or the surrounding area and want to tour any property currently on the market, or if you have a home to sell in Sarasota, Florida and want a professional consultation on current market conditions, please contact Stephen Howell at 941-870-4141 or e-mail him at showell@livethesarasotalifestyle.com or visit his website at LiveTheSarasotaLifestyle.com.

Stephen Howell came to Sarasota to enjoy the Gulf Coast in 2013. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Sarasota. You'll find that with the right professional by your side, you can Live the lifestyle and live, work and play in Sarasota Florida.

Stephen Howell and Jackson (his hound-mix from the HSSC) live on the Gulf Coast in Sarasota, Florida. He works in the Sarasota real estate market. His website lets people search the Sarasota Florida area MLS. Buyers can also search for waterfront homes along the Gulf Coast and Intracoastal Waterway. His website has current real estate data on Sarasota, Florida.

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1 commentStephen Howell • May 13 2010 07:36PM

Comments

Nice properties. Difficult for retirees with a $400,000 home purchase budget.

 Spring is blooming in Maryland.

Posted by Roy Kelley (Retired Real Estate Broker, Maryland Blogger) almost 4 years ago

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