Egewater MD Market Report for February 2012

By
Real Estate Agent with Long & Foster Real Estate, Inc., Annapolis MD 21403

 

Edgewater 21037 Market Report for February 2012
 
Edgewater Market Report

Edgewater is located just South of Annapolis and is home to Historic Londontowne. Homes in Edgewater come in all styles and sizes. With its easy access to the water, parks, golf, shopping and commuter routes Edgewater is a great location for an easy living lifestyle.



Edgewater saw a decrease in home sales by 1 over January sales which is miniscule in the picture of things. The big news is tha Foreclosures and Short Sales seem to be slowing which is great news for Edgewater. Closing assistance ranged from a low of $0 to a high of $15,000. Egewater offers some great opportunities for home purchases.

Edgewater Market Report


Active Homes for Sale


As of today there are 145 homes for sale
Of These:
37 are Waterfront
14 are Townhouses or Condos
1 is a Foreclosure (down from 3)
17 are Short Sales ( down from 24)


Under Contract


73 homes are Under Contract
Of These:
8 are Waterfront
13 are Townhouses or Condos
6 are Foreclosures (up by 1)
30 are Short Sales (up by 7)

Homes Sold In January


 12 homes sold in the month of January
Of These:
2 were Waterfront
0 were Townhouses or Condos   
2 were Foreclosures (up by 2)
1 was a Short Sale (same)

Edgewater has 12 months of inventory


Market Absorption/Inventory Rate

0-4 months is considered a Sellers Market
5-6 months is considered a Normal Market
7 months and above is considered a Buyers Market


Click here to view all Edgewater homes for sale



If you are thinking about buying or selling in Edgewater I can help.
As an Annapolis Area Real Estate Agent 
I know the market in Edgewater

Edgewater Market Report for February 2012
Posted by
*****************************************************

About the Author Martha Brown- As a third generation Annapolitan I love to write about my experiences in and out of the real estate market. Licensed since 1992 all with Long & Foster I am a Certified Residential Specialist (CRS) and a Seller Representation Specialist (SRS) whose passion is homes in the Annapolis MD area and surrounding communities. My goal is to help my clients understand the real estate market and to then make sound real estate decisions. 

 

Martha can be reached  at 410-260-2800 ofc or 

martha@homesaroundannapolis.com.

When searching for Annapolis area homes for sale

there is no better place than

www.HomesAroundAnnapolis.com

 

Have a real estate question?? 

 Ask Martha

 

 
         Bringing 'Peace of Mind' since 1992                  
 
All Photographs and/or written material and content produced by Martha Brown. All Rights Reserved and may not be reproduced or reprinted without express written permission of

Martha Brown of Long & Foster Real Estate.

320 Sixth Street

Annapolis, MD 21403

410-260-2800 office

410-440-7839 cell/text  

L&F LOgo


 

 

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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Good morning Martha,

Another great market report on Egewater MD.  If anyone in the Edewater MD area is looking for a knowledgeable Realtor® they would be wise to contact you my friend.  Hope you have a great Easter weekend.

Apr 06, 2012 07:26 AM #1
Rainmaker
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Bob & Leilani Souza
Souza Realty - Roseville, Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn, Meadow Vista (California) - Roseville, CA
Placer County, CA: Foreclosures, Auctions, Rentals

Martha, your market report provides everything viewers would want to know about the real estate market in Edgewater, MD! :)

Leilani

Apr 09, 2012 12:35 AM #2
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Karen Kruschka
RE/MAX Real Estate Connections - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Martha  Yout Edgewater market report is outstanding.  I know full well how much effort it took to break out and organize the statistics.  Buyers and sellers would be wise to seek your representation

Apr 15, 2012 10:40 AM #3
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