Annapolis Maryland Luxury Real Estate

Arnold Maryland Waterfront Homes For Sale - July 2011

Located on the Broadneck Peninsula, Arnold Maryland is sandwiched between Annapolis to the South and Severna Park to the North and the Severn River to the South and the Magothy River to the North.  Looking North along the the Magothy River waterfront in Arnold Maryland you can see Dobbins Island - a small uninhabited island - and Gibson Island - an exclusive enclave of private homes complete with a golf course and Otter Pond for swimming in the summer.  Looking South along the Severn River waterfront in Arnold Maryland you can see Round Bay off Crownsville and the first of the three bridges - the Severn River Bridge - that commuters and vacations alike must cross to reach the Eastern Shore.

There are 26 Arnold waterfront homes for sale today.  The average asking price is $1,400,962 and they have been on the market an average of 257 days.  The minimum asking price for active listings is $399,900, with a maximum asking price of $3,799,000, and the median asking price is $1,024,450.  For the list of Arnold Maryland waterfront homes for sale click here.

There are 7 waterfront properties under contract in Arnold today.  The average asking price is $566,297 and they have been on the market an average of 99 days.  The minimum asking price for listings under contract is $230,000, with a maximum asking price of $1,225,000, and the median asking price is $349,999.  For the list of waterfront homes under contract in Arnold click here.

In the last 90 days there were 2 waterfront homes sold in Arnold Maryland.  The average asking price was $1,149,950 and were on the market an average of 326 days.  The minimum asking price for sold listings was $549,900, with a maximum asking price of $1,750,000, and the median asking price was $1,149,950.

The average sold price for Arnold waterfront homes was $1,062,500 for a 80.4% sold-to-list ratio.  The minimum sold price was $525,000, with a maximum sold price of $1,600,000, and the median sold price was $1,062,500.  For the list of waterfront homes sold in the last 90 days in Arnold Maryland click here.

With less than one waterfront homes selling each month in Arnold Maryland, there is a 26-plus month inventory of homes for sale on the water.  This really is a remarkable time for qualified buyers to consider buying waterfront property because:

• Arnold waterfront homes are very affordable right now
• Interest rates are low even on jumbo mortgages
• Excellent financing options are available for qualifying buyers
• Timing is everything when it comes to finding just the right Arnold waterfront venue
• Waterfront home ownership is still the everyone's dream

NOTE: All data as of July 19, 2011.

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