Annapolis Maryland Luxury Townhomes For Sale – August 2011

Annapolis Maryland Luxury Townhomes For Sale – August 2011

Annapolis Maryland is well known for its waterfront location, its historic past, as well as the structures and institutions found around town. The architecture and design are unique, from the State House and the Georgian homes that accent the historic district, to its own City Dock – a vital hub of commerce and transportation since the first settlers arrived. Annapolis is the capital of Maryland, the home of the United States Naval Academy and St. John’s College. The maritime community is globally renowned. Annapolis is a wonderful place to live, play, work, and raise a family. There is tradition, academic excellence, and national prestige in the city called Annapolis.

Upscale townhome living can be found in properties currently on the market at Chesapeake Harbour, Acton’s Landing, Horn Point, Kings James Landing, Vineyards of Annapolis to name just a few. These communities each offer something different for homeowners. For example, Chesapeake Harbour offers a casual waterfront lifestyle wrapped around a marina and restaurant where residents can enjoy a Bayside outdoor swimming pool, tennis, basketball and boating. Acton’s Landing, on the other hand, offers residents an urban lifestyle in the heart of the Annapolis’ historic district that’s only a short distance from downtown Annapolis shops and restaurants. Buyers searching for the convenience of townhome living have their choice of luxury properites in Annapolis Maryland.

Annapolis Maryland Luxury Townhomes For Sale

There are 22 Annapolis luxury townhomes for sale today. The average asking price is $897,532 and they have been on the market an average of 152 days. The minimum asking price for active luxury townhouse listings is $519,900, with a maximum asking price of $1,799,000, and the median asking price is $792,500. For the list of Annapolis Maryland luxury townhomes for sale click here.

There are 2 luxury condominiums under contract in Annapolis today. The average asking price is $972,500 and have been on the market an average of 234 days. The minimum asking price for luxury townhouse listings under contract is $550,000, with a maximum asking price of $1,395,000, and the median asking price is $972,500. For the list of luxury townhomes under contract in Annapolis click here.

In the last 90 days there were 3 luxury townhomes sold in Annapolis Maryland. The average asking price was $737,167 and were on the market an average of 283 days. The minimum asking price for sold listings was $522,500, with a maximum asking of $890,000, and the median asking price was $737,167.

The average sold price for Annapolis luxury townhomes was $701,667 for a 89.007% sold-to-list ratio off their original list price. The minimum sold price was $515,000, with a maximum sold price of $840,000, and the median sold price was $750,000. For the list of luxury townhomes sold in the last 90 days in Annapolis Maryland click here.

With only about 1 luxury townhomes selling each month in Annapolis Maryland, there is a 22-plus month inventory of luxury townhouses for sale in Annapolis. This really is a remarkable time for highly qualified buyers to consider purchasing their first luxury townhouse or an additional luxury property because:

  • Annapolis luxury townhouses 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 Annapolis townhouses
  • Owning a luxury towhouse is everyone’s dream

Click Here To Search For Annapolis Maryland Luxury Homes For Sale

Click the map of Maryland (above) To Search For Annapolis Luxury Homes For Sale

NOTE: All data as of August 9, 2011.

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About the Author:

Stephen Howell, Associate Broker, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying or renting a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell or lease in Annapolis, Maryland and want a professional consultation on current market conditions, please contact me at 443-994-8043 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

Stephen Howell came to Annapolis to sail the Bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis. You’ll find that with the right professional by your side, you can Live the Lifestyle and Live in Annapolis.

Stephen Howell and Jackson (his hound-mix from the HSSC in Sarasota Florida) lives on the Chesapeake Bay near Annapolis, Maryland. He works in the Annapolis real estate market. His website lets people search the Washington and Baltimore metropolitan area MLS. Buyers can also search for waterfront homes along the Chesapeake Bay. His website has current real estate data on Annapolis, Anne Arundel County, and Maryland.

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