Carlyn Lowery, Associate Broker, Lowery Home Team at eXp Realty, Annapolis and Anne Arundel County MD Real Estate

  • Home
  • Sell
    • Home Valuation
  • Buy
    • Discover Annapolis
    • Search the MLS Listings
    • Featured Listings
  • Communities
    • Annapolis
    • Annapolis Luxury
    • Annapolis Waterfront
    • Arnold
    • Crofton
    • Davidsonville
    • Millersville
    • Severna Park
    • Anne Arundel County New Construction
  • Blog
  • About Carlyn
    • About Carlyn Lowery
    • Philosophy
    • Reviews
    • Recommended Links
    • Contact
    • Careers
    • eXp Realty Annapolis Maryland – Info for Realtors
    • Disclaimer

Anne Arundel County Real Estate Market Trends August 2009

Tweet
Share
Share
Pin
0 Shares

Major US cities are reporting their first gains in monthly home prices in nearly three years, according to a recent report from the Wall Street Journal. Home prices in 15 of the 20 metropolitan areas studied were up, or remained stable, suggesting evidence that the slowdown could be easing.

The National Association of REALTORS® (NAR) also reported increased sales of new and existing homes through the month of June. Existing home sales – including single-family, townhomes, condominiums, and co-ops – increased 3.6 percent in June. Analysts are projecting an increase in 2009 existing home sales to a seasonally adjusted annual rate of 4.89 million units.

Existing Home Sales By Region

“The increase in existing-home sales occurred in all major regions of the country,” said Lawrence Yun, chief NAR economist. “We expect a gradual uptrend in sales to continue due to tax credit incentives and historically high affordability conditions.”

Anne Arundel County figures for July 2009 are shown below.

2009 2008 % Change
Total Sold Dollar Volume: $ 173,862,389 $ 163,200,495 6.53 %
Average Sold Price: $ 354,099 $ 397,081 – 10.82 %
Median Sold Price: $ 310,000 $ 332,900 – 6.88 %
Total Units Sold: 491 411 19.46 %
Average Days on Market: 128 121 5.79 %
Average List Price for Solds: $ 394,990 $ 437,012 – 9.62 %
Avg Sale Price as a
percentage of Avg List Price:
89.65 % 90.86 %
Total Number of NEW listings
taken for the month: 941
Total Number of Properties
marked Contract for the month: 374
Total Number of Properties
marked Contingent for the month: 208
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 582

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Information is deemed reliable, but is not guaranteed.

If you would like specific information on what is happening with home sales in your neighborhood, I’ll be happy to help.   Call for a free, no-obligation consultation.  Get the information you need to help you enjoy your the home of your dreams.

P.S.  Call me today for all your Annapolis real estate needs.

Tweet
Share
Share
Pin
0 Shares

Recent Posts

  • Happy Thanksgiving and Anne Arundel County Real Estate Market Update
  • What Does It Cost to Be a Real Estate Agent in Maryland?
  • Maryland Real Estate Market and the Coronavirus (COVID-19)
  • PCSing with Pets to Fort Meade or Annapolis: A Guide to Moving with Your Furbabies
  • How to find the Best Realtor

Here are some client reviews of Carlyn Lowery…

“Carlyn got us a quick sale above the asking price. She qualified prospects well, used a professional photographer for advertising photos, and provided expert advice during negotiations. Carlyn is what other Realtors aspire to be!”
– Paul Donnelly

“As first time home buyers, Carlyn Lowery was very attentive to our basic needs of walking us through each step of the home buying process from a novice standpoint. The long detailed list of items due at specific times from the start of the contract all the way through to the week of closing was greatly appreciated. It was great having an agent who took the time to clearly lay this all out for us. End result – a very smooth time at settlement. No surprises!”
– Ann Hannam

“We wanted a professional who would work with us to sell our home
quickly for a good price and protect our interests as sellers through the process.
Carlyn’s business acumen is her (and will be your) greatest asset.”
– Sue Bogard

“Carlyn was wonderful. She was organized, prepared, and knew the steps to take to sell our home quickly and used a wide array of marketing to get the job done. She gave great advice
during each of the phases, and in particular on the negotiation.”
– Michael Morgan

 

Questions? Call Carlyn Lowery today.

443-569-3977 – Direct
888-860-7369 x146 – Main Office
click to Email

Carlyn Welcome

All information on this website is subject to change without notice. Subject matter is not guaranteed and is often considered time-sensitive. See disclaimer.

Copyright © 2023 · Carlyn Lowery · All Rights Reserved

Copyright © 2023 · Crystal Theme by Agent Focus on Genesis Framework · WordPress · Log in