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Annapolis Waterfront Market Report for January 2012

Annapolis Waterfront Market Report- January 2012
Annapolis waterfront market report


Annapolis is surrounded by water and offers a huge expanse of waterfront living opportunities. From shallow wetlands to deep, deep water, from condos to exquisite estates waterfront living in Annapolis is a huge part of living the Annapolis lifestyle.

Please keep in mind that this Annapolis Waterfront Market Report is for the Annapolis zip codes 21401, 21403, 21409. If you have or want to buy a waterfront home in another zip code I would be happy to do a market report for that area as well. Just let me know.

Waterfront home sales decreased by 25% over the previous months sales and increased by 20% over January 2011 sales. As for sales price.... low and high sale prices can fluctuate dramatically due to waterfront homes being unique to themselves. One large sale or even one low sale can send the numbers askew so I will not be giving sale figures on price month over month or year over year.



The following report is for the Annapolis zip codes 21401, 21403, 21409


117 # of Active Waterfront Homes For Sale as of this report
6 # of Sold Waterfront Homes in the month of January

Of the 6 that Sold in January

$550,000 was the Low Sales Price
$1,099,000 was the High Sales Price
$816,583 was the Average Sales Price

List Price to Sale Price Ratio
87.94% Average

Average Days on Market
162

There are currently 19 waterfront homes under contract.
There were 18 waterfront homes withdrawn from the market in December


19.5- # of months supply given current inventory against solds.
Annapolis Waterfront is experiencing a Buyers Market

Absorption Rate Chart
0-4 months- Sellers Market
5-6 months- Normal/Neutral Market
7+ months- Buyers Market

To view waterfront, waterview and water privileged homes for sale
CLICK HERE



Each waterfront home is unique to itself and the area and water it is on. The above report is an overall statistical reading from the Multiple List (MRIS). For a detailed report targeted to your particular interest in buying or selling a waterfront home give me a call.

If your home is currently listed for sale this market report is in no way a solicitation of that listing
Posted Thursday Feb 09