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

Anne Arundel County Real Estate Market Statistics December 2016

Happy Holidays! Merry Christmas!

It seems like almost everyone is shopping for food and gifts to celebrate the holidays, and some are also shopping for homes!  

Here are some market statistics for you for the year to date in Anne Arundel County, compared to last year:

  • Average Discount Off Original Price: 4.3% (was 5.8%)
  • Average Days on the Market: 75 (down 11.76%)
  • Number of Homes for Sale: 2,386 (down 10.00%)
  • Total Sales: $3,067,017,614 (up 15.81%)
  • Average Sold Price: $364,904 (up 1.64%)
  • Real Buyers (Home Sold): 8,404 (up 13.94%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2016 – Information deemed reliable, but is not guaranteed.)

Final numbers for the year will come out in January, and I want to give you the early data now.   It’s a seller’s market.  Inventory is low, with just 3.3 months of property on the market.  And, as you may have heard, the Fed just raised interest rates yesterday.  Local mortgage brokers told me that this has already resulted in increasing mortgage rates and volatility.  The uncertainty will motivate many savvy buyers to move more quickly than they might have otherwise.

All of which means, we are looking for more sellers, who would like to take advantage of the situation.  Now is the time to get started, in order to complete a move next year.  Who do you know who might be interested in making a move?  

If you know someone who is curious what their house would fetch in today’s market, and what else might be available, please introduce us.  I’m happy to help them find that out!

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 Local Market Insight November 2016

Anne Arundel County Local Market Insight November 2016

Anne Arundel County Real Estate Market Statistics July 2016

In Anne Arundel County, the real estate statistics through the end of June 2016 show that this year’s sales have been stronger than last year’s, with 18.98% more homes sold (a total of 4,420). And, they sold 8.89% faster, with an average of 82 days on market.

Across Anne Arundel County, sales of waterfront homes were up 13.41% compared to the previous year, with 186 homes sold in 2016 compared to 164 in 2015. And, the average net sold price was up 4.08% (to $800,023).  In the higher end smaller market of Annapolis, the number of waterfront homes sold year to date in 2016 (49) was below 2015 (53).  And the average net sold price was up 5.04% (to $1,079,714 from $1,027,952).

Here are more numbers on home sales, year to date through the end of for June 2016 vs. the previous year for Anne Arundel County:County-AnneArundelCountyMD-201606

  • Average Discount Off Original Price: 4.6% (was 5.5%)
  • Average Days on the Market: 82 (down 8.89%)
  • Number of Homes for Sale: 2,846 (down 12.67%)
  • Total Sales: $1,595,444,519 (up 20.11%)
  • Average Sold Price: $360,960 (up 0.96%)
  • Real Buyers (Home Sold): 4,420 (up 18.98%)

(Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data Copyright 2016 – Information deemed reliable, but is not guaranteed.)

Overall, the sellers market has further strengthened since last year, with approximately 4 months of inventory, and more homes having sold more quickly.

Of course, conditions differ within sub-markets; each price range and neighborhood differs. For example, in Davidsonville, another high-end area, the market has been quite different.  While the number of houses sold year to date in 2016 was up 14.63% compared to the previous year, the average sold price was down 14.9%.

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 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

July 4th Fireworks and Events 2015 in Annapolis and Anne Arundel County

Historic Annapolis is a great place to celebrate the Fourth of July. Here are some FUN, FREE events happening around Annapolis and Anne Arundel County.1-FourthOfJuly-Annapolis-Maryland-21401

Annapolis July 4th Parade, Saturday July 4, 2015, 6:30 pm, FREE.

U.S. Naval Academy Band Independence Day Concert, Saturday, July 4, 2015, 8 p.m. at Susan B. Campbell Park at City Dock, FREE.

Join the Naval Academy Band for a special Independence Day concert at Susan B. Campbell Park at the Annapolis City Dock on Saturday, July 4 at 8:00 p.m. The concert will feature the Electric Brigade along with the Ceremonial Band. Following the performance, the city of Annapolis will launch an impressive firework display over the harbor. The United States Naval Academy Band, “The Navy’s Oldest and Finest,” has been providing music for the Brigade of Midshipmen and surrounding community since 1852. Located at the Naval Academy in Annapolis, Maryland, this premier military band offers fifteen world-class ensembles which perform a variety of musical styles, ranging from classical to contemporary. Naval Academy Band concerts are free and open to the public with no tickets required. Susan B. Campbell Park is located at 1 Dock Street in Annapolis, MD. For more information on this and other Naval Academy Band performances, please visit Events: Naval Academy Band, or call (410) 293-1262.

Annapolis Fireworks, around 9:15 p.m., Annapolis Harbor, FREE

Here are further details on the Annapolis 4th of July 2015 Parade and Fireworks, from the City of Annapolis web site:

Annapolis Mayor Michael Pantelides invites all residents to the Annapolis 4th of July parade and fireworks on Saturday, July 4th.  The parade will begin at 6:30 p.m. at Amos Garrett Boulevard and proceed along West Street, around Church Circle, and down Main Street. Following the parade, the United States Naval Academy Concert Band will perform a public concert at Susan Campbell Park.
5-FourthOfJuly-Annapolis-Maryland-21401

 The fireworks show will begin at approximately 9:15 p.m.  Main Street and the Spa Creek Bridge (from Eastport to downtown) will be closed to traffic beginning at 6 p.m. and remain closed until the conclusion of the fireworks, at approximately 10 p.m.
Please be aware that the closer you get to downtown the harder it will be to park and the more difficulty you will have getting out of town after the celebration.
Park in Knighton Garage or Park Place Garage for up to 10 hours for $10 and take the Circulator trolley to the top of Main Street. The trolleys will run from 8 a.m. to midnight.  The Circulator trolley will charge $1 per ride for adults with children 12 years and younger riding free of charge.
Due to heavy traffic and large attendance, local garages may fill up early. Therefore, the city will also provide shuttle service from the Navy-Marine Corps Memorial Stadium ( Gate 5)  to Lawyers Mall from 5 p.m. to midnight. The shuttle will charge $1 per ride for adults with children 12 and under riding free of charge.

Independence Day Naturalization Ceremony
July 4, 2015
186 Prince George St.
Annapolis, Maryland 21401
Join Historic Annapolis in welcoming new citizens into the American family at the 9th annual naturalization ceremony held at the William Paca House & Garden. Robert Clark, President of Historic Annapolis, will host the ceremony, and U.S. Citizenship and Immigration Services officials will administer the Oath of Allegiance to the candidates for citizenship. Annapolis High School’s NJROTC unit will provide a cadet color guard, and the All Children’s Chorus of Annapolis will lead the singing of the national anthem and perform a selection of patriotic songs.
410-267-7619
http://www.annapolis.org

Fireworks Cruises in Annapolis & Fireworks Cruises in Baltimore
July 3-4, 2015
Taking our guests out on the water to catch area fireworks displays is one of Watermark’s specialties. Every year  brings several opportunities to view dazzling fireworks shows in both Annapolis and Baltimore. Fireworks cruises are popular events and always sell out. We recommend booking your tickets early to guarantee the best seat in town for watching fireworks. Looking for something to do for the 4th of July in Annapolis and Baltimore? Escape the busy crowds and step aboard a Watermark Yacht for a bang up event! Watermark offers a variety of Independence Day activities in Annapolis and Baltimore for children & families and couples.
410-268-7601
http://cruisesonthebay.com/special-cruises/fireworks-cruises

Severna Park Fourth of July Parade
Saturday, July 04, 2015 At 10:00 AM. From http://severnaparkchamber.com

The parade begins at St. Martin’s in-the-Field Episcopal Church and concludes at Woods Memorial Presbyterian Church (entering from Cypress Creek Road through the Sunrise Independent Living property).
410-647-3900

Nearby events include…

Columbia July 4th Celebration: Festival and Fireworks
July 4, 2015, 5:00-10:00 p.m.

County Executive Allan H. Kittleman Invites You to the Columbia Lakefront for an Evening of Family Fun and Fireworks! Live entertainment on two stages: Milkshake, specifically for children’s entertainment, from 5-6:30 PM, on second stage. Capital Style, from 7-9:30 PM, on main stage. Bring a picnic or purchase food from on-site vendors. Parking is free (no VIP parking available). On the Columbia Lakefront at Lake Kittamaqundi, 10221 Wincopin Circle (rain date: July 5).
410-313-4451
http://www.howardcountymd.gov/july4th.htm

Washington, DC Fourth of July Fireworks and Events

Every once in a while, you’ve got to go to the events in nearby Washington, DC. including the Independence Day Parade, Smithsonian Folklife Festival, live concert by the National Symphony Orchestra on the West Lawn of the U.S. Capital, and fireworks that are launched from the Lincoln Memorial Reflecting Pool and light up the sky over the Washington Monument. http://dc.about.com/od/specialevents/a/4thofJuly.htm

And, for more local summer fun, next weekend the 2015 Summer Concert Series begins at Quiet Waters Park in Annapolis! On Saturday, July 11th Sweet Leda will be playing pop music from 6 pm to 8 pm. Admission to the park is free for concert-goers during the concert. Bring your lawn chairs or picnic blankets to this fun community event. The weekly concerts will continue through September 6th.

Enjoy the celebrations of our nation’s independence!

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

2-FourthOfJuly-Annapolis-Maryland-21401

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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