Waterfront Homes For Sale In Bay Ridge In Annapolis Maryland
Bay Ridge is located in the “land of pleasant living”. This established community features waterfront homes on the Chesapeake Bay, the Severn River and Lake Ogleton which opens to the river providing direct access to the Bay. There is a wide variety of waterfront homes for sale in the community. This community offers accessible waterfront beaches. You can watch cruise ships, sailboat racing, or just stare out across the Chesapeake Bay at Kent Island and up the Chesapeake Bay towards the Bay Bridge. Bay Ridge homes are well located minutes from downtown Annapolis, local shopping, area attractions. When you live in Bay Ridge you enjoy convenient access to Annapolitan nightlife, restaurants, and shopping. If you are commuting to work Bay Ridge is only a short distance from Washington DC, Baltimore, Ft. Meade, NSA, government contractors, and other local area employers. Bay Ridge is also near BWI, the region’s international airport, if you need access to air travel.
The Bay Ridge Civic Association manages the community marina, beach, and pool. According to the community website, there are 116 pier slips, 8 moorings, and a boat ramp. There were five dingy slips recently added. The community’s marina is a “Certified Maryland Clean Marina”. The Bay Ridge Pool Association has a separate website for more information.
Low inventory levels, low interest rates, rising prices and seller equity have converged to create opportunities for both buyers and sellers of homes in the Bay Ridge real estate market. In April 2013 there were 6 waterfront homes for sale in Bay Ridge. The minimum asking price for active listings was $990,000, the maximum asking price was $1,795,000, and the average asking price was $1,571,667. These homes have been on the market for an average of 400 days. There is 1 waterfront home under contract. It was on the market for 31 days.
There were no waterfront homes sold in first quarter 2013 in Bay Ridge.
In 2012 there were 10 waterfront homes sold in Bay Ridge in Annapolis Maryland. The average list price was $1,853,200 and the average sold price was $1,720,000 for an 85.98% discount off the original list price. The lowest priced home sold for $870,000, the highest priced home sold for $2,875,000, and the average sold price was $1,720,000. These homes were on the market for an average of 100 days. Buyers can still find Bay Ridge waterfront properties at bargain prices but they are fewer and farther between. While it is true that waterfront estates and cottages in Bay Ridge, there almost always still an excellent selection of homes for sale in the area.
Comprehensive graphs illustrating current real estate market trends in Annapolis are also available that track four leading real estate market indicators including: pending sales, average sales price, average days on market, and average sold price to original list price. This type of real estate information can help you make the market trends your friends so that you never overpay for a waterfront home or offer too little and miss an opportunity. If selling your waterfront home, overprice your home and scare buyers away or under price your home and give it away. The chart (above) is interactive and is automatically updated about the 10th of every month.
Find Waterfront Homes For Sale In Bay Ridge In Annapolis Maryland
Are you looking for the perfect Bay Ridge waterfront cottage or castle? If so, then you’ve found the right place to search for just the right waterfront setting where your home is as welcoming when your guests arrive by car as they will be when they arrive by boat. Search for waterfront homes for sale in Bay Ridge In Annapolis and to be notified when Annapolis homes come on the market.
Are you thinking about selling your waterfront home in Bay Ridge? To find out what your waterfront home in Bay Ridge in Annapolis Maryland is worth in the current real estate market email me or call 443-994-8043.