Crofton, MD

Crofton MD Real Estate - Status for Week Ending 02/06/10

The current inventory for Crofton, MD homes is 128. 19 of these are rentals and 109 are homes for sale.

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Six of the new listings were priced below $250,000, a nice price range for first time home buyers for Crofton, MD. The largest of the new listings was a 3 br, 2.5 bath house in the Crofton Highlands section listed for $550,000.

Three new rental listings came on the market and one had applications registered. Six homes completed the rental process and were marked Rented. The current rental market is very robust and competitive in Crofton, MD.

Four properties moved into a form of Contract status. Three properties moved into full contract status. This is a future indicator of settlements to come in the near future.

Four Crofton MD homes were marked SOLD and went to settlement.

If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Crofton MD Real Estate - Status Week Ending 01/30/10

As you can see from the chart below, twelve new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Four of the new listings were priced below $250,000, a nice price range for first time home buyers for Crofton, MD. The largest of the new listings was a 5 br, 3.5 bath house in the Walden section listed for $569,900.

Six new rental listings came on the market and three had applications registered. Six homes completed the rental process and were marked Rented. The current rental market is very robust in Crofton, MD.

Five properties moved into some sort of Contract status. This is a future indicator of settlements to come in the near future.

Five Crofton MD homes were marked SOLD and went to settlement.
If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Crofton MD Real Estate - Status Week Ending 01/23/10

As you can see from the chart below, ten new listings came on the market in Crofton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Two of the new listings were priced below $200,000, which is pretty rare for Crofton, MD. The largest of the new listings was a 4 br, 3.5 bath house in the Walden section listed for $575,000.

Five new rental listings came on the market and five had applications registered. Right now, the rental market is very robust in Crofton, MD.

Seven properties moved into some sort of Contract status. This is a future indicator of settlements to come in the near future.

If you're looking to purchase or sell a home in Crofton, MD or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

“Updated kitchen” and “updated bath” are key phrases in any MLS listing for Bowie and Crofton, signaling to buyers that the home decor is probably good – i.e., no longer a relic of the 60’s or 70’s featuring original pink bathroom fixtures and tile or aqua kitchen appliances and metal cabinets.

But wait… that’s not necessarily the case any more, as “retro” becomes more and more popular in homes of that period. One of my clients was the lucky recipient of my original pink bath fixtures when we finally remodeled our bath last year – one of many people who asked for them.

Just goes to prove that one person’s trash is another’s treasure.

If you want a “Retro Redo” for your Bowie-Crofton area home that preserves the original 60’s and 70’s features, check out Retro Renovation, an online resource with the tag-line Love the House You’re In. The site features information for re-doing homes from the 40’s through the 70’s, promising to assist homeowners who cherish their older home’s character and want to preserve it. You’ll find answers to frequently asked questions as well as recommendations on retro kitchens, bathrooms, counter-tops, flooring, lighting, paint colors, etc.

You may decide to freshen up the ol’ bath or kitchen with just a fresh coat of paint instead of expensive updating or remodeling, after a visit to this website, and you can call it “retro” instead of “old”. Even if this isn’t your taste, I’d be surprised if you didn’t enjoy looking at the pictures… they’re bound to bring back some memories for anyone who lived through those decades.

P.S. Looking for original bath fixtures from the 60’s or 70’s? You don’t have to scavenge the Bowie and Crofton curbsides on trash day, looking for discards from neighbors who prefer “new”. Check out the Habitat for Humanity ReStores throughout Maryland.

For another perspective on this topic, be sure to view Christine's post today, Does it Pay to Update Your Bowie Home?

Crofton MD, 21114

Crofton, MD, what a difference a month makes. Last month, zip code 21114 had an enormous increase in sales. Over 150% in November 2009 compared to 2008. December 2009 shows Crofton, MD with a decrease in sales of -42.39%.

Some of it can be attributed to the bad weather which plagued December. Snow and cold weather tends to keep home buyers inside, and Crofton, MD had plenty of both in December.

At the end of December, Crofton, MD had a total inventory of homes for sale of 119.

Eighteen new listings came on the market and five listings went under contract. Another 8 listings were marked contingent contract. The inventory of homes for sale increased slightly.

All of the December 2009 Crofton, MD home sales were below the $450,000 price range. This contributed to the reductions in Average Sold price.

Days on the market showed a pretty significant decrease compared to December 2008. Crofton, MD showed a 37% reduction in days on the market compared to last year.

Crofton, MD real estate home sales slightly underperformed many other communities in Anne Arundel County for the month of December. 21114 still remains a buyers market.

If you're not already working with a Realtor® to find that perfect Crofton, MD home, I can help. Call me at 443-995-9595 any time.

SOURCE: Metropolitan Regional Information Systems, Inc.
Information deemed reliable, but is not guaranteed.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved