To the surprise of many, and despite earthquakes, hurricanes and floods, Anne Arundel County homebuyers and sellers went about their business consistent with seasonal expectations in August.  Here are the latest numbers, comparing this August to last August:

Average Discount Off Original Price: 9.9%

Average Days on the Market: 115 (up 16.16%)

Number of Homes for Sale:  3,520 (down 7.32%)

Total Closed Sales: 445 (down 0.22%)

Average Sold Price: $349,735 (down 4.81%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

In addition to higher days on market, and a lower average sold price, another pattern is emerging.  In August, 222 contingent contracts were made, versus only 86 last August, an increase of 158%.  While we are seeing more contracts made, as buyers and sellers work together, greater numbers of contracts are falling through due to the other properties not selling.

Here’s an opportunity.  Are you frustrated by the stock market, and thinking of moving some money? As you know, real estate prices are down, and sellers are eager for non-contingent cash buyers.  With the numbers of contracts falling through due to financing troubles and buyers who need to sell other homes, you can be in a very strong negotiating position if you arrange to buy with cash.

Would you like the numbers for a particular neighborhood, or price bracket? Let me know, and I will get them for you.

On another note, here’s a brand new listing this week.  It’s a nice property, and a reminder that you can ask whatever you want…

As you know, I’ll be happy to help you with this home, or any other real estate move, so don’t hesitate to get in touch any time!

Call me today for all your Annapolis real estate needs.

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

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

Average Discount Off Original Price: 8.51%
Average Days on the Market:  112 (up 6.67%)
Number of Homes for Sale:  3,691 (down 6.03%)
Total Sales: $183,887,713 (down 18.23%)
Average Sold Price: $341,165 (down 9.13%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

To beat the averages, get good advice as you plan your next move.

Would you like to know what is happening in your neighborhood?   Just ask.

Call me today for all your Annapolis real estate needs.

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

The real estate roller coaster continues.

Sales in the Annapolis and Anne Arundel County real estate market, compared to last year, have not been as strong for the last couple of months.  Here are stats for May 2011 vs May 2010 for Anne Arundel County.

Average Discount Off Original Price: 9.5%
Average Days on the Market:  109 (up 0.93%)
Number of Homes for Sale:  3,659 (down 2.03%)
Total Sales: $149,966,509 (down 16.29%)
Average Sold Price: $333,259 (down 1.78%)
Real Buyers (Homes Sold): 450 (down 14.77%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

The continuing buyers’ market means it is more important than ever to get good advice as you plan your next move.

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 the home of your dreams.

Wouldn’t you like to save time and money on your move?  Put our proven systems to work for you today.

Don’t you have a friend who wants to move?   Please introduce us, so I can help them.

Do you know someone who needs to move, who owes more than their property is worth in today’s market? We are having a special seminar to help people understand their options, on Saturday, July 9th.  Please let me know if you, or someone you know, would like to attend.  And feel free to share this info with them.

Call me today for all your Annapolis real estate needs.

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

The Spring surge softens!  After a couple of months of increased sales in the Annapolis and Anne Arundel County real estate market, this past month was not as strong.  Here are stats for Apr 2011 vs Apr 2010 for Anne Arundel County.

Average Discount Off Original Price: 10.7%
Average Days on the Market:  130 (up 5.69%)
Number of Homes for Sale:  3,547 (down 1.39%)
Total Sales: $155,394,469 (down 9.76%)
Average Sold Price: $340,032 (up 2.09%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2011 – Information deemed reliable, but is not guaranteed.)

The continuing buyers’ market means it is more important than ever to get good advice as you plan your next move.

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 the home of your dreams.

Wouldn’t you like to save time and money on your move?  Put our proven systems to work for you today.

Don’t you have a friend who wants to move?   Please introduce us, so I can help them.

Call me today for all your Annapolis real estate needs.

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