What Are Homes Selling For In Arnold Maryland - December 2011

Do you want to know what Arnold Maryland homes are selling for? If so, then you're in the right place! You’ll find answers to questions like:

• How do actual selling prices compare to listing prices in Arnold Maryland?
• How many unsold homes are there in Arnold Maryland?
• How long are homes on the market in Arnold Maryland?
• Is it a buyer's market or seller's market in Arnold Maryland?

Arnold is located on the on the Broadneck Peninsula in Anne Arundel County. Arnold is within easy commuting distance of Washington DC and Baltimore, as well as being close to Fort Meade and NSA, and only a short drive from Baltimore Washington International ("BWI") airport. Arnold is bordered by the Magothy River on the North, the Severn River on the South, Annapolis to the East, and Severna Park to the North. There are many waterfront communities with cottages and castles along the rivers and shores the surround Arnold. Arnold boast an excellent and well regarded school system.

Arnold includes sub-divisions and neighborhoods like Bay Hills, Belvedere Beach/Harmony Point, Campus Green, Capetowne, Dorado Hills, Falcon Crest, Foxmoor, Glen Oban, Harting Farm, Kimberly Woods Village, Magothy Estates, Moorings On The Magothy, Pine Valley, Pines On Severn, Raintree, Rugby Hall Estates, Schoolers Pond, Severn View, Shore Acres, Spriggs Cove, Tanglewood, Terrace Gardens, Twin Harbors, Ulmstead Estates, Wexford and others.

Start searching today among the Arnold Maryland homes for sale for your perfect place to live.

There are 86 Arnold homes for sale today. The average asking price is $611,584 and they have been on the market an average of 222 days. The minimum asking price for Arnold homes is $159,000 and a maximum asking price of $3,799,000.

The chart (below) tracks "Sold Listings" and "New Pendings" for Arnold Maryland and shows the number of sales and contracts ratified each month.  This is the best indication of the direction of the market.

There are 38 Arnold homes under contract today. The average asking price is $325,222 and they were on the market an average of 94 days. The minimum asking price for Arnold homes under contract is $174,990 and a maximum asking price of $849,900.

In the last 90 days there were 51 homes sold in Arnold Maryland. The average list price was $504,904 and they were on the market for an average of 77 days. The minimum list price for sold listings was $159,990 and a maximum list price of $4,495,000.

The average sold price for Arnold Maryland homes sold was $479,288 for a 88.22% sold-to-list ratio off their original list price. The minimum sold price was $157,500 and a maximum sold price of $4,190,000.

With about 17 Arnold properties selling each month, there is slightly more than a 5 month inventory of homes for sale. When inventory drops below six months, this is generally considered a "seller's market".  When inventory is more than six months, this is generally considered a "buyer's market".  This remains a remarkable time for highly qualified buyers to consider purchasing their first home in Arnold Maryland or an additional property.

The chart (below) tracks "Average Sale Price" and shows the monthly average price at which homes are selling in Arnold Maryland.

The chart (below) tracks "Average Days On Market" and is good indication as to whether this is a "buyer's market" or a "seller's market".

The chart (below) tracks "Average Sold to OLP Ratio" and shows discount at which Arnold Maryland homes are selling for as a percentage of their original listing prices.

While all of these indicators are important, the best way to determine the value of your Arnold Maryland home is a thorough market analysis. If interested, please contact for a no obligation competitive market analysis of your home's value in today's real estate market.

NOTICE: All data as of December 18, 2011. The charts included track one or more leading market indicators, are updated on or about the 10th of every month, and are interactive (so mouse over them!). Information believed to be accurate, but should not be relied upon without verification, is made available "As Is" and subject to revision at any time without notice.