Market Update – Windgate, Annapolis, Maryland, 21401 – September 2011
Windgate is located in Annapolis Maryland in the Bestgate Corridor. The community, built by Pulte in the late 90′s, consists of townhomes and garden units (condominiums). Centrally located in Annapolis, Windgate is well located and is about “five minutes” from downtown and City Dock, shopping, dinning, nightlife, the USNA, St. John’s College, Anne Arundel County Medical Center, and the major highways of Rts. 50 and 97.
There are 6 Windgate townhomes for sale today. The average asking price is $345,683 and they have been on the market for an average of 49 days. The minimum asking price for active listings is $329,900, with a maximum asking price of $369,900, and the median asking price is $344,700. For the list of Windgate townhomes for sale click here.
There is 1 townhome under contract in Windgate today. The asking price is $319,900 and it has been on the market 83 days. For the list of townhomes under contract in Windgate click here.
In the last 90 days there were 3 townhomes sold in Windgate. The average asking price was $347,967 and they were on the market an average of 60 days. The minimum asking price for sold listings was $335,000, with a maximum asking price of $359,000, and the median asking price was $349,900.
The average sold price for Windgate townhomes was $334,333 for a 92.5% sold-to-list ratio off their original list price. The minimum sold price was $320,000, with a maximum sold price of $348,000, and the median sold price was $335,000. For the list of townhomes sold in the last 90 days in Windgate click here.
There are 3 Windgate garden units (condominiums known as garden units in our area) for sale today. The average asking price is $254,633 and they have been on the market an average of 274 days. The minimum asking price for condominium unit listings is $240,000, with a maximum asking price of $274,000, and the median asking price is $249,900. For the list of Windgate garden units for sale click here.
There are no condominium unit under contract in Windgate today.
In the last 90 days there were 3 garden units sold in Windgate. The average asking price was $222,167 and they were on the market for an average of 155 days. The minimum asking price for sold listings was $209,000, with a maximum asking of $239,000, and the median asking price was $281,500.
The average sold price for Windgate condominium units was $220,667 for a 91.8% sold-to-list ratio off their original list price. The minimum sold price was $212,000, with a maximum sold price of $230,000, and the median sold price was $220,000. For the list of condominium units sold in the last 90 days in Windgate click here.
With about 1 townhome selling each month in Windgate in Annapolis Maryland, there is a 6 month inventory for sale. With about 1 garden unit selling each month in Windgate, there is a 3 month inventory for sale. This really is a remarkable time for highly qualified buyers to consider purchasing their first townhome or condominium or an additional property because:
- Windgate townhomes and condominiums are very affordable right now
- Interest rates are low even on jumbo mortgages
- Excellent financing options are available for qualifying buyers
- Timing is everything when it comes to finding just the right Windgate townhomes and condominiums
- Owning a home is everyone’s dream
If you have a townhouse or garden unit to sell in Windgate and want a professional consultation on current market conditions or if you are interested in purchasing your next townhome or garden apartment in Windgate and want to tour any of the homes currently on the market, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com.
NOTE: All data as of August 31, 2011.
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