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Heritage Harbour Market Report for January 2012

Heritage Harbour Market Report for January 2012
heritage harbour market report
With its wonderful location on the edge of Annapolis and the amazing amenities within
Heritage Harbour is the premier Annapolis 55+ community.

Heritage Harbour closed sales equaled closed sales seen in December. However closed sales January 2012 trumped closed sales in January 2011 by 84%. Great news on the Heritage Harbour home front. As for average sales price Heritage Harbour saw an increase of 22%. Keep in mind though this is an average for all style homes from condos to townhouses to single family homes. Days on market increased 36%. Sellers were also generous with closing assistance to Buyers with the most being $10,650 and the average being $4,108. Following is the

Heritage Harbour Market Report for January 2012


Online Graphing

As of today there are 41 homes active and for sale in Heritage Harbour 14 homes are currently under contract (36% increase from December) 6 homes Sold in the month of January


3 homes are available for rent (50% decrease over December)



$181,000 Low Sales Price
$480,000 High Sales Price
$309,860 Average Sales Price

13 Low Days on Market
316 High Days on Market
97 Average Days on Market

The current number of active listings against the current number of sales gives Heritage Harbour 6.8 months of inventory.


This means Heritage Harbour is just in a Buyers Market.

Absorption Rates
4 months or under- Sellers Market
5 to 6 months- Normal Market
7 months or more- Buyers Market


If buying or selling in the Premier Annapolis 55+ community of Heritage Harbour I can help.
I have been an Annapolis Area Real Estate Agent since 1992




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Posted Wednesday Feb 15