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Crofton, MD

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Crofton MD Real Estate - Week in Review, Week Ending January 28, 2012

01-31-12
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate: Real Estate Agent in Crofton, MD
  • view my blog
  • Office: (410) 451-6255
  • Mobile: (443) 995-9595
  • Secondary: (410) 721-1500
Crofton MD
Last week was a pretty active week in Crofton, MD. Finally, a few new listings to feed the inventory. An inventory of homes that is at it's lowest in five years.
New Rentals 4
New Listings 5
Contract/No Ko 3
Application Registered 4
Contract 5
Sold 3
Withdrawn 4
Rented 2


5 sellers obviously think that there are buyers out there by listing their homes for sale. Most REALTORS® believe that when buyers are looking in the dead of Winter, they’re serious. The listings ranged in price from $195,000 to $597,000, a great selection.

Crofton welcomes the 3 new homeowners who settled on their new homes.

4 new rentals in the month of January shows that the robust rental market hasn’t slowed down much. Decent rentals in the entire area are becoming harder and harder to find.

The homes that are under contract and contract/no ko are an indicator of settlements to occur shortly. Despite what you may be seeing and hearing in the media...buyers are out there looking and buying.

If you’re not already working with an agent to buy or sell a home in Crofton, MD, I can help. Just call me at 443-995-9595.
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Crofton 21114 Market Report for December

01-31-12
Martha Brown Homes & News Around Annapolis
Martha Brown Homes & News Around Annapolis : Real Estate Agent in Annapolis, MD
  • view my blog
  • Office: (410) 721-1500 x5011
  • Mobile: (410) 440-7839
  • Secondary: (800) 735-5122

Crofton Market Report for December 2011
Crofton is one of those ideally situated communities nestled in the Annapolis, Washington and Baltimore triangle. Offering treed line streets, golf, swimming, tennis, community events and close by shopping, Crofton is a sought after community to call home in and around Annapolis.

Crofton experienced an 8% drop in detached home sales from November to December and a 43% increase in townhouse/condo sales over the same period. Even so both the single family (detached) home market and the Townhouse/Condo market are experiencing a Sellers Market as of today.

The following Crofton Market Report is for the month of December 2011




Crofton Detached Home Market Report


23 # of Active Homes For Sale as of this report
12 # of homes Under Contract
8 # of Sold Detached Homes in the month of December

Of the 8 Detached Homes that sold in December

$319,000 was the Low Sales Price
$533,000 was the High Sales Price
$467,375 was the Average Sales Price
5 was the Low Days on Market
198 was the High Days on Market
48 was the Average Days on Market

2.8 = number of months of inventory
Crofton is experiencing a Sellers Market for Detached Homes

Click Here To View Available Crofton Detached Homes For Sale


Crofton Townhouse/Condo Market Report

51 # of Active Homes For Sale
27 # of homes Under Contract
14 # of Townhouse/Condos Sold in the month of December

Of the 14 Townhouse/Condos that sold In December

$175,000 was the Low Sales Price
$332,000 was the High Sales Price
$226,000 was the Average Sales Price
4 was the Low Days on Market
364 was the High Days on Market
106 was the Average Days on Market

3.6 = number of months of inventory
Crofton is in a Sellers Market for Townhouse/Condo Homes

Click here to view available Crofton Townhouse/Condos for Sale


Absorption rates
0-4 months inventory is considered a Sellers Market
5-6 months inventory is considered a Neutral/Normal Market
7+ months inventory is considered a Buyers Market

This report is an overall statistical report of Crofton as a whole.
Some neighborhoods may be experiencing different market conditions as each neighborhood is unique to itself.
Want to know what is happening is your particular neighborhood in Crofton?
With 20 years experience working out of the Crofton Long & Foster office I can help
Give me call or drop me an email
410-440-7839 cell
410-721-1500 office
martha@homesaroundannapolis.com



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Crofton MD - Open House, 1/29/12 - 1472 Lowell Court

01-28-12
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate: Real Estate Agent in Crofton, MD
  • view my blog
  • Office: (410) 451-6255
  • Mobile: (443) 995-9595
  • Secondary: (410) 721-1500

Join me for an Open House on Sunday, January 29, 2012 from 12 - 3, at 1472 Lowell Court. This lovely condo is offered at $215,900. Perfect for first time homebuyers.


View Larger Map

1472 Lowell Court, Crofton, MD

1472 Lowell Court, Crofton, MD

1472 Lowell Court, Crofton, MD

1472 Lowell Court, Crofton, MD

All photos and written content were produced by Richard Iarossi. Copyright 2010 - All Rights Reserved. This content may not be reproduced or reprinted, except for Active Rain Re-blogging, without express written permission of Richard Iarossi, REALTOR®, Long and Foster® Real Estate, Inc., Crofton, MD.

If you’re really interested in using this picture...give me a call at 443-995-9595.

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Crofton Meadows Elementary School Wins State Blue Ribbon Status

01-24-12
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate: Real Estate Agent in Crofton, MD
  • view my blog
  • Office: (410) 451-6255
  • Mobile: (443) 995-9595
  • Secondary: (410) 721-1500
Crofton Meadows Elementary School

Crofton Meadows Elementary School joined five other State schools as 2012 Maryland Blue Ribbon Schools, awarded by the U.S. Department of Education. Students in Blue Ribbon Schools excel on State assessments and testing in reading and math.

State Blue Ribbon Schools are eligible to apply to become National Blue Ribbon Schools. Soon, you will see a Maryland State Blue Ribbon flag flying outside of Crofton Meadows Elementary School, along with the United States and Maryland State flags.

By becoming a State Blue Ribbon School, Crofton Meadows won a $2,000 cash prize, an interactive Smart Board, and a school-wide pizza party.

Congratulations to Crofton Meadows Elementary School for becoming the second Blue Ribbon School in Crofton, along with Crofton Middle. This is a tremendous accomplishment, and one that should make all Crofton residents proud.
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Crofton MD Foreclosures for Sale - January 22, 2012

01-22-12
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate: Real Estate Agent in Crofton, MD
  • view my blog
  • Office: (410) 451-6255
  • Mobile: (443) 995-9595
  • Secondary: (410) 721-1500
Crofton MD Foreclosures for Sale
Foreclosures certainly continue to be a challenge for the real estate industry, however, they can also be a pretty good deal for buyers and investors. While Crofton, MD has never been a hotbed of foreclosure activity, there are currently eight foreclosures listed out of an inventory of just 76 homes for sale.

The foreclosures range from $92,900 for a 2 bedroom, 1 bath condo, to a $309,999 townhouse with 4 bedrooms and 3.5 baths. Not a bad selection to choose from in one of the best home buying locations in Anne Arundel County, MD.

If you’re not already working with an agent to find a home in Crofton, MD, or anywhere in the surrounding area...I can help. Call Rich at 443-995-9595 for buyer representation.


You can view all the Crofton, MD foreclosures for sale on the map below.

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