odenton: Market Statistics, Pasadena Maryland, April 2009 - 05/11/09 08:04 PM
Market Statistics for Pasadena, MD in April 2009:
 

Number of Homes Sold - 49
Average Sold Price - $279,263
Median Sold Price - $260,000
Average Days on the Market - 118
Average Sale Price as a percentage of Average List Price - 90.93%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
I'm not a big fan of Average and Median Sold Price Numbers.  Many variables can skew the data.  A large sale ($1-$2 Million Dollars) can raise the average sold price but not be characteristic of what's going on throughout the entire market.  In April, 49 homes sold. 38 of … (1 comments)

odenton: Mother's Day Thought for the Day! - 05/10/09 11:59 AM
"Mother love is the fuel that enables a normal human being to do the impossible."  Marion C. Garretty, quoted in A Little Spoonful of Chicken Soup for the Mother's Soul.

On this special day I want to thank my Mom for all the fuel she provided to me in my life!  Without her I would not be where I am today. 
I would also like to take this time to wish all the Mothers out there a very Happy Mother's Day!
(0 comments)

odenton: 7653 Lake Drive, Pasadena, Maryland, 21122 - 05/09/09 07:02 PM
.34 Acres on Hines Pond in water privileged community of Venice on the Bay.  Bay Views, private, beautiful location, surrounded by nature.  Fish and kayak right outside your front door!  Great opportunity to build your dream house on the water.  Needs new septic, perked in 2007.
 

For more information about this property, cal Michelle at 443-904-2124.
(1 comments)

odenton: 2309 BAUERNSCHMIDT DR, ESSEX, MD 21221 - PRICE REDUCED!!!!!! - 05/07/09 11:58 AM
Great opporitunity to live in sought after water privileged community of Bauernschmidt Manor. Large double lot, fenced yard, large shed, waterviews from back yard/deck. Community park/boat ramp. Cozy cape cod with hardwood floors, tile, fresh paint,eat in kitchen, clubroom, laundry room, work shop. Close to marinas, parks, school, shopping. Listing price is now $289,000.  Maryland Waterfront Realty - 443-250-5423/443-904-2124.

(1 comments)

odenton: In-Depth Market Statistics - Crownsville, MD - 04/30/09 04:21 AM

Now that we have the first quarter statistics for the Crownsville, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 8 homes have sold in the Crownsville area.  It has taken over a year to sell.  The most compelling statistic in the Crownsville area is the number of houses that have sold in the $300,000 to $399,999 range.  This year, 2 homes have sold in this price range yet there are now 24 active listings in that price range.  That's an increase of 8 active listings in Crownsville, MD this year so … (0 comments)

odenton: Market Statistics, Crownsville, MD - 04/29/09 04:32 AM

Market Statistics for Crownsville, MD in March 2009:
Number of Homes Sold - 3
Average Sold Price - $739,667
Median Sold Price - $650,000
Average Days on the Market - 535
Average Sale Price as a percentage of Average List Price - 74.74%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
We know that the market has significantly slowed down but it bears repeating with the help of numbers.  As you can see, it took an average of 535 days to sell these 3 homes in Crownsville, MD.  1 home sold in less than 120 days on the market and 2 … (0 comments)

odenton: In-Depth Market Statistics for Annapolis, MD - 04/28/09 04:14 AM

Now that we have the first quarter statistics for the Annapolis, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 61 homes have sold in the Annapolis area.  It has taken anywhere between 5 - 7 months to sell.  The average price is a number that can be greatly skewed by the sale of a $1 million dollar home, so we'll leave that statistic alone.  The Average Sale Price as a percentage of Average List Price over the 3 month period ranges from 85% - 88%. It's called a contract sales price.  … (0 comments)

odenton: Thought for the Day - 04/27/09 09:32 AM
"The real voyage of discovery consists not in seeking new landscapes, but in having new eyes." Marcel Proust

What a wonderful quote to use to talk about the current housing market.  To me, "having new eyes" simply means changing how I look at the current market and getting that message across to clients.  I have heard, from so many, that they wish they would have sold their home when the market was hot.  Sure, they would have received an inflated price for their home that would have pocketed a few dollars, but they also would have paid an inflated price … (3 comments)

odenton: Market Statistics for Annapolis, MD March 2009 - 04/27/09 09:15 AM
 

 
Market Statistics for Annapolis, MD in March 2009:
Number of Homes Sold - 23
Average Sold Price - $502,135
Median Sold Price - $315,900
Average Days on the Market - 177
Average Sale Price as a percentage of Average List Price - 85.09%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
I'm not a big fan of Average and Median Sold Price Numbers.  Many variables can skew the data.  A large sale ($1-$2 Million Dollars) can raise the average sold price but not be characteristic of what's going on throughout the entire market.  In March, 23 homes sold. 14 … (0 comments)

odenton: In-Depth Market Analysis - Odenton, MD - 04/26/09 11:13 AM

Now that we have the first quarter statistics for the Odenton, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 57 homes have sold in the Odenton area.  It has taken anywhere between 4 - 5 months to sell.  The average price is a number that can be greatly skewed by the sale of a $1 million dollar home, so we'll leave that statistic alone.  The Average Sale Price as a percentage of Average List Price over the 3 month period ranges from 87% - 92%. It's called a contract sales price.  … (0 comments)

odenton: Market Statistics for Odenton, MD March 2009 - 04/25/09 09:56 AM

 Market Statistics for Odenton, MD in March 2009:
Number of Homes Sold - 24
Average Sold Price - $284,011
Median Sold Price - $277,250
Average Days on the Market - 129
Average Sale Price as a percentage of Average List Price - 90.15%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
I'm not a big fan of Average and Median Sold Price Numbers.  Many variables can skew the data.  A large sale ($1-$2 Million Dollars) can raise the average sold price but not be characteristic of what's going on throughout the entire market.  In March, 24 homes sold. 22 of those … (0 comments)

odenton: In-Depth Market Statistics for Severna Park, MD - 04/24/09 07:41 AM

Now that we have the first quarter statistics for the Severna Park, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 29 homes have sold in the Severna Park area.  It has taken anywhere between 2 - 7 months to sell.  The average price is a number that can be greatly skewed by the sale of a $1 million dollar home, so we'll leave that statistic alone.  The Average Sale Price as a percentage of Average List Price over the 3 month period ranges from 80% - 95%. It's called a contract … (0 comments)

odenton: Market Statistics for Severna Park, MD March 2009 - 04/24/09 07:38 AM

Market Statistics for Severna Park, MD in March 2009:
Number of Homes Sold - 8
Average Sold Price - $464,328
Median Sold Price - $456,750
Average Days on the Market - 64
Average Sale Price as a percentage of Average List Price - 95.28%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
I'm not a big fan of Average and Median Sold Price Numbers.  Many variables can skew the data.  A large sale ($1-$2 Million Dollars) can raise the average sold price but not be characteristic of what's going on throughout the entire market.  In March, 8 homes sold. 4 of … (0 comments)

odenton: In-Depth Market Statistics for Pasadena, MD - 04/23/09 09:09 PM

 
Now that we have the first quarter statistics for the Pasadena, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 101 homes have sold in the Pasadena area.  It has taken anywhere between 3 - 5 months to sell.  The average price is a number that can be greatly skewed by the sale of a $1 million dollar home, so we'll leave that statistic alone.  The Average Sale Price as a percentage of Average List Price over the 3 month period ranges from 80% - 92%. It's called a contract sales … (0 comments)

odenton: Market Statistics for Pasadena, MD - 04/23/09 09:06 PM

Market Statistics for Pasadena, MD in March 2009:
Number of Homes Sold - 51
Average Sold Price - $282,073
Median Sold Price - $265,000
Average Days on the Market - 152
Average Sale Price as a percentage of Average List Price - 88.42%.
Source: Metropolitan Regional Information Systems, Inc (MRIS)
I'm not a big fan of Average and Median Sold Price Numbers.  Many variables can skew the data.  A large sale ($1-$2 Million Dollars) can raise the average sold price but not be characteristic of what's going on throughout the entire market.  In March, 51 homes sold. 41 of those … (0 comments)

odenton: In-Depth Market Statistics for Stevensville, MD 21666 - 04/22/09 09:17 PM

Now that we have the first quarter statistics for the Stevensville, MD market, let's look at some of the revealing and not so revealing numbers.
A total of 8 homes have sold in the Stevensville area.  It has taken anywhere between 4 - 6 months to sell.  The average price is a number that can be greatly skewed by the sale of a $1 million dollar home, so we'll leave that statistic alone.  The Average Sale Price as a percentage of Average List Price over the 3 month period ranges from 85% - 90%. It's called a contract sales price.  … (0 comments)