Want to know if Riva Trace home values in Annapolis Maryland are about to take off?

Want to know if Riva Trace home values in Annapolis Maryland are about to take off?

Riva Trace is a planned community of consisting of about 500 single family homs, townhomes and condominiums built in the mid-to-late 80's.  The community is located in Annapolis, Maryland minutes off Rt. 50 and a short distance from downtown Annapolis and other area attractions.  Within Riva Trace there are seven distinct communities starting with Spring Race, Autum Chase, Falls Grove, Winters Chase, Summer View, and Spring Race.  The community offers residents a community pier (access to Ginger Creek - no moterized vehicles are allowed), tennis courts, a basketball court and many walking trails.  Riva Trace offers lots of green space and treed buffers between properties.

There are currently 12 homes for sale at Riva Trace.  The average asking price is $418,092 and the average days on mark is 68.  The condominiums start at $275,900 right now, and the townhomes start at $329,000 and the single family homes start at $439,501.  Three are 3 propoperties currently under contract.  The average asking price for units under contract is $432,400.  There have been five properties sold within the last 90 days including 2 condominiums and 3 townhomes.  The average sold price was $309,200 for all properties at 14% discount off the average asking price of $328,720.  The average days on market was 147 for those properties that sold.

No matter what you're looking for - condominium, townhome, or single family home - Riva Trace has something for everyone.  For the list of properties that are currently for sale at Riva Trace click here!

You can get my activity report by e-mail for Riva Trace or your street so you can see exactly what the market is doing.  Go to  www.MarylandMarketConditions.com to sign-up today.

If you have a condo, townhome or single family home to sell at Riva Trace and want a professional consultation on current market conditions or if you are interested in purchasing a single family home, townhome or condominium at Riva Trace and want to tour any property currently on the market, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.