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 Statistics December 2011

Tweet
Share
Share
Pin
0 Shares

Here are the latest numbers on home sales, for December 2011 vs December 2010 for Anne Arundel County:

Average Discount Off Original Price: 11%

Average Days on the Market: 141 (up 17.5%)

Number of Homes for Sale: 2,688 (down 14.64%)

Total Sales: $132,697,257 (up 1.67%)

Average Sold Price: $345,566 (down 1.51%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2012 – Information deemed reliable, but is not guaranteed.)

While the sales numbers are not quite as rosy as November’s, the lower inventory provides some upward pressure on prices, along with the continued extremely low interest rates.

A statistic was just published about people in higher-end homes. As you may know, I have been saying for the past year that it is a good time to sell a modest-priced home and buy a higher-priced home. That’s because modest price ranges have gone down some, but the high end has dropped a lot more.

It was just published that the largest increase in mortgage defaults and foreclosures is in the Jumbo mortgages.

These distressed properties soften home prices even more because they increase the supply of houses on the market that are sold at a discount. That’s exciting for people who have wanted to buy up and haven’t been able to afford the house of their dreams.

Are you thinking of doing something with a higher-end home? Or do you know someone who is?

If your answer is yes, let’s talk.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

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