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Anne Arundel County Real Estate Market Statistics for Year 2018

February 1, 2019 By Carlyn Lowery

2018 was a strong year for real estate sales in Anne Arundel County. While the Average Sales Price rose in 2018, and the Average Days on Market declined, the number of homes sold declined slightly compared to 2017 .  Here are some market statistics for you for the entire year of 2018 in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 3.6% (was 4.3%)
  • Average Days on the Market: 75 (down 16.67%)
  • Total Sales: $3,659,209,090 (up 2.78%)
  • Average Sold Price: $401,537 (up 4.9%)
  • Real Buyers (Home Sold): 9,113 (down 2.02%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2019 – Information deemed reliable, but is not guaranteed.)

Anne Arundel County Real Estate Market Statistics - Year 2018
Anne Arundel County Real Estate Market Statistics – Year 2018

Everyone is wondering what this year ahead will bring.

January 2019 was a busy month for me, and I’ve heard similar reports from colleagues. Several seller clients are getting their homes ready for market, and a few have made it onto the market – in advance of the Spring rush.

At an open house in Millersville, we had thirty-one sets of people through the home, and it sold with multiple offers in the first weekend.

Now with the cold weather and snowstorms, things have slowed down a bit. Sales, like snowflakes, come in flurries. People often want to time the market, and know when the next rush will come.

It’s important for sellers to realize that it’s good to have their properties on the market just as soon as they know they want to sell – that way, when buyers appear, their property can be discovered! (Don’t keep it a secret!)

Who’s getting ready to make a move? Let’s get started together and make it happen.

P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

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

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Filed Under: Home Buying, Home Selling, Market Statistics Tagged With: Anne Arundel County, Carlyn Lowery, Carlyn Lowery Exceptional Homes, real estate, real estate market statistics

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  • 1610 Laurel Ln, Annapolis MD 21409 Just Listed
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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.

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