Live the Lifestyle … Live in Annapolis

Do you want to know what Annapolis Maryland single family homes are selling for? If so, then you’re in the right place! You’ll find answers to questions like:

• How many unsold single family homes are there in Annapolis Maryland?
• How long are single family homes on the market in Annapolis Maryland?
• How do actual selling prices compare to listing prices in Annapolis Maryland?
• Is it a buyer’s market or seller’s market in Annapolis Maryland?

Annapolis is the capital of Maryland and is centrally located in Anne Arundel County. Well situated on the Western shore of the Chesapeake Bay and surround by several rivers and creeks, including the Severn River, the South River, Spa Creek and Back Creek. Annapolis is within easy commuting distance of Baltimore and Washington DC. Fort Meade and NSA are nearby as well. And the Baltimore Washington International airport, better known as BWI, is about 30 minutes away. Centrally located in Annapolis is the rapidly growing Anne Arundel County Medical Center.

Annapolis Maryland single family homes can be found in neighborhoods and sub-divisions like Admiral Heights, Anchorage, Annapolis Roads, Arundel On The Bay, Atlantis, Bay Ridge, Cape St Claire, Cape St John, Eastport, Epping Forest, Greenwood Acres, Heritage Harbour, Hillsmere Estates, Historic Annapolis, Homewood, Hunt Meadow, Kingsport, Murray Hill, Oyster Harbor, Pendennis Mount, Primrose Acres, Revell Downs, Rolling Hills, Rolling Knolls, Rosewood, Saefern, Saltworks On The Severn, Severn Manor, Sherwood Forest, Southaven, Southwoods, St Margarets, St Margarets Landing, The Downs, The Preserve/Broad Creek, Tilghmans Landing, Timber Creek, Truxton Heights, Twin Hills, Tydings On Bay, Walnut Lake, Watergate, Weems Creek, Whispering Woods, Wilshire, Winchester On The Severn and others.

 

Start searching today among the Annapolis Maryland homes for sale for your perfect place to live.

There are 366 Annapolis single family homes for sale today. The average asking price is $888,523 and they have been on the market an average of 224 days. The minimum asking price for Annapolis single family homes is $90,000 and a maximum asking price of $15,000,000.

The chart (below) tracks “New Pendings” for Annapolis Maryland single family homes and shows the number of contracts ratified each month and is the best indication of the direction of the market.

 There are 66 Annapolis single family homes under contract today. The average asking price is $739,235 and they were on the market an average of 169 days. The minimum asking price for Annapolis single family homes under contract is $169,000 and a maximum asking price of $6,495,000.

In the last 90 days there were 144 single family homes sold in Annapolis Maryland. The average list price was $584,988 and they were on the market for an average of 137 days. The minimum list price for sold listings was $59,900 and a maximum list price of $4,925,000.

During that period the average sold price for Annapolis Maryland single family homes was $548,709 for a 93.79% sold-to-list ratio off their last list price. The minimum sold price was $70,299 and a maximum sold price of $4,550,000. The average seller subsidy paid at settlement was $4,075 and the maximum subsidy was $26,300.

With about 48 Annapolis single family homes selling last month, there is slightly less than an 8 month inventory of homes for sale. This remains a remarkable time for highly qualified buyers to consider purchasing their first single family home in Annapolis Maryland or purchasing a single family home as an investment.

The chart (below) tracks “Average Sale Price” and shows the monthly average price at which single family homes are selling in Annapolis Maryland.

 The chart (below) tracks “Average Days On Market” and is good indication as to whether this is a “buyer’s market” or a “seller’s market”.

 The chart (below) tracks “Average Sold to OLP Ratio” and shows discount at which Annapolis Maryland single family homes are selling for as a percentage of their original listing prices.

 While all of these indicators are important, if you own an Annapolis Maryland single family home the best way to determine the value of your single family home is a thorough market analysis. If interested, please contact me for a no obligation competitive market analysis of your single family home’s value in today’s real estate market.

Start your search to find your Annapolis Maryland dream home today here.
NOTICE: All data as of January 1, 2012. The charts included track one or more leading market indicators and are updated on or about the 10th of every month. Information believed to be accurate, but should not be relied upon without verification, is made available “As Is” and subject to revision at any time without notice.

 

About the Author:

If 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 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

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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 Rocky (his lab-mix from the SPCA of Anne Arundel County in Annapolis) live 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.