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

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Anne Arundel County Real Estate Market Statistics August 2015

In Anne Arundel County, the real estate statistics through the end of July 2015 show that this year’s sales have been stronger than last year’s, with 17.47% more homes sold (a total of 4573). However they sold 8.75% slower, with an average of 87 days on market.

The number of waterfront homes sold in Annapolis year to date in 2015 was the same as 2014.  Across Anne Arundel County, sales of waterfront homes were up 6.21% compared to the previous year.  However, the average sold price was down 4.88%.

Here are more numbers on home sales, year to date through the end of for July 2015 vs. the previous year for Anne Arundel County:
County-AnneArundelCountyMD-201507

  • Average Discount Off Original Price: 5.2% (was 4.8%)
  • Average Days on the Market: 87 (up 8.75%)
  • Number of Homes for Sale: 3,270 (down 1.74%)
  • Total Sales: $1,639,166,265 (up 14.77%)
  • Average Sold Price: $358,444 (down 2.27%)
  • Real Buyers (Home Sold): 4573 (up 17.47%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2015 – Information deemed reliable, but is not guaranteed.)

Whereas the overall statistics show that we have moved into a sellers market, with approximately 4 months of inventory, it is also important to note that average sales prices are down and the average discount taken has increased.

Of course, conditions differ within sub-markets; each price range and neighborhood differs. For example, in Davidsonville, a high-end area, the market has shifted even more dramatically; the number of homes sold year to date in 2015 was up 26.32% compared to the previous year, yet the average sold price was down 7.36%.

Now, more than ever, it’s important for home sellers to pay attention the market activity, and employ smart strategy and top talent, in order to make the best sale.

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

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics August 2015

In Anne Arundel County, the real estate statistics through the end of July 2015 show that this year’s sales have been stronger than last year’s, with 17.47% more homes sold (a total of 4573). However they sold 8.75% slower, with an average of 87 days on market.

The number of waterfront homes sold in Annapolis year to date in 2015 was the same as 2014.  Across Anne Arundel County, sales of waterfront homes were up 6.21% compared to the previous year.  However, the average sold price was down 4.88%.

Here are more numbers on home sales, year to date through the end of for July 2015 vs. the previous year for Anne Arundel County:
County-AnneArundelCountyMD-201507

  • Average Discount Off Original Price: 5.2% (was 4.8%)
  • Average Days on the Market: 87 (up 8.75%)
  • Number of Homes for Sale: 3,270 (down 1.74%)
  • Total Sales: $1,639,166,265 (up 14.77%)
  • Average Sold Price: $358,444 (down 2.27%)
  • Real Buyers (Home Sold): 4573 (up 17.47%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2015 – Information deemed reliable, but is not guaranteed.)

Whereas the overall statistics show that we have moved into a sellers market, with approximately 4 months of inventory, it is also important to note that average sales prices are down and the average discount taken has increased.

Of course, conditions differ within sub-markets; each price range and neighborhood differs. For example, in Davidsonville, a high-end area, the market has shifted even more dramatically; the number of homes sold year to date in 2015 was up 26.32% compared to the previous year, yet the average sold price was down 7.36%.

Now, more than ever, it’s important for home sellers to pay attention the market activity, and employ smart strategy and top talent, in order to make the best sale.

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

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics September 2014

In Anne Arundel County, the real estate statistics through September 2014 show that this year’s sales have been stronger than last year’s, with 4.39% more homes sold (a total of 5164).  Plus, they sold 7.14% faster, with an average of 78 days on market.

Sales of waterfront homes in Annapolis year to date in 2014 were up 1.16% compared to 2013.  Across Anne Arundel County, sales of waterfront homes were down 7.4% compared to the previous year.

In the latter part of this year, sales have slowed, and inventory has been rising.  Last month, 552 sales closed, fewer than the previous September by 5.15%. Listings are up 27.75%, to 3,393, as compared to 2,656 a year ago.

Here are more numbers on home sales, for September 2014 vs. September 2013 for Anne Arundel County:

Anne Arundel County Real Estate Market Statistics - Year To Date September 2014

Anne Arundel County Real Estate Market Statistics – Year To Date September 2014

  • Average Discount Off Original Price: 5.7% (was 5.3%)
  • Average Days on the Market: 75 (up 2.74%)
  • Number of Homes for Sale: 3,393 (up 27.75%)
  • Total Sales: $209,108,067 (down 1.92%)
  • Average Sold Price: $378,819 (up 3.41%)
  • Real Buyers (Home Sold): 552 (down 5.15%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2014 – Information deemed reliable, but is not guaranteed.)

We have moved from into a buyers market, with approximately 6.4 months of inventory.   Of course, conditions differ within sub-markets; each price range and neighborhood differs.  Now, it’s important for home sellers to employ smart strategy and top talent, in order to make the best sale.

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

Local web sites in and around Annapolis, Maryland

Annapolis Luxury Home Sales Soared in Final Months of 2012

CNN reported Tuesday that luxury home sales soared in final months of 2012, which prompted me to do further analysis on our local market. CNN wrote:

Many sellers wanted to cash in on their homes before a widely expected capital gains hike — to 20% from 15% — that was part of the fiscal cliff budget deal. High-income earners (singles with income of $200,000 or more and couples making more than $250,000) also wanted to close sales ahead of a 3.8% Medicare surtax on investment income that was already slated to go into effect this year as part of the Affordable Care Act.

All told, a high-earner would pay $88,000 less in taxes if they made a $1 million profit on their home in 2012 rather than in 2013.

That considerable tax savings motivated many wealthy homeowners to move fast. According to the National Association of Realtors (NAR), sales of homes valued at $1 million or more spiked 51% in November compared with a year earlier.

Locally in Anne Arundel County, we also saw a year-end spike in high-end sales. The Institute for Luxury Home Marketing defines the luxury market as the top 10 percent of sales. For us, these are homes that sold above $600,000.

Sales of homes above $600,000 in Anne Arundel County increased 24% in 2012 over 2011, and the settlements in the fourth quarter were 47% above 2011.

Sales of homes above $1,000,000 also increased, yet not quite as much.  Those sales in 2012 were 12% above 2011, and in the fourth quarter, 8% higher than 2011.

With the market strengthening, especially in the higher end, and interest rates remaining at historic lows, 2013 looks like a good year for those who want to make a move.

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

Local web sites in and around Annapolis, Maryland

Anne Arundel County Real Estate Market Statistics December 2012

In Anne Arundel County, 2012 sales were much stronger than 2011, with 13.94% more homes sold (a total of 5859).  Plus, they sold 11.48% faster, with an average of 108 days on market.

Sales of waterfront homes in Annapolis in 2012 were up a full 32% compared to 2011.  Across Anne Arundel County, sales of waterfront homes were up 23% compared to the previous year.

Now we have an inventory shortage.  Buyers are shopping, and sellers are needed!  If you or someone you know is thinking of selling this year, it’s time to get started!

Our local real estate market ended the year strong with a busy holiday season.

Last month, 441 sales closed, more than the previous December by 14.84%. Listings are down 22.43%, to 2,085, as compared to 2,688 a year ago.

Anne Arundel County Real Estate Market Statistics December 2012

Anne Arundel County Real Estate Market Statistics December 2012

Here are more numbers on home sales, for December 2012 vs. December 2011 for Anne Arundel County:

  • Average Discount Off Original Price: 6.7% (was 11%)
  • Average Days on the Market: 96 (down 31.91%)
  • Number of Homes for Sale: 2,085 (down 22.43%)
  • Total Sales: $153,854,572 (up 15.94%)
  • Average Sold Price: $348,877 (up 0.96%)
  • Real Buyers (Home Sold): 441 (up 14.84%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2013 – Information deemed reliable, but is not guaranteed.)

We have moved from a balanced market into a sellers market, with approximately 4.7 months of inventory.   Of course, conditions differ within sub-markets; each price range and neighborhood differs.

Considering a move? Don’t hesitate to call any time, for a confidential chat.  Let’s get started.

I love to talk about real estate, and sell everything from waterfront luxury estates through distressed properties.

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

Local web sites in and around Annapolis, Maryland

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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.

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