March winds blew in a few “sold” signs to Davidsonville MD last month, after a dismal February that saw no new closings at all.
Four properties went to closing during March, ranging from $395,000 to $740,000.
Fourteen properties went under contract during that same month, compared to five the previous month. One of them has already closed, eight of them are firm contracts, and the remaining homes have a contingency. Listing prices for the homes that went under contract ranged from $375,000 – $1,290,000. Two of them were short sales.
Eleven new listings came on the market in March, and two of them are already under contract. For the first time in a while, new listings were outnumbered by new contracts – a very good thing, because it signals a slight decline in the inventory of Davidsonville homes. The new lsitings were priced between $479,900 and $1,195,000.
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Margaret Woda - Real Estate The Woda Way
As a licensed Associate Broker in the Washington, D.C. - Baltimore - Annapolis area, I specialize in Anne Arundel and nearby Prince George's Counties, Maryland, including Fort Meade, Andrews AFB, and the U.S. Naval Academy. If you enjoyed reading this post and want to learn more about Real Estate the Woda Way, please visit my website at Margaret Woda.com or contact me today.
Margaret Woda, Long & Foster Real Estate, Inc. (410)451-6245|MWoda@mris.com