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Home Crofton Attached Home Market Report For Au...

Crofton Attached Home Market Report For August 2011

Crofton Attached Homes Market Report for August 2011

crofton attached home market report

Crofton is one of those ideally situated communities nestled in the Annapolis, Washington and Baltimore triangle. Offering treed line streets, golf, swimming, tennis, community events and close by shopping, Crofton is a sought after community to call home in and around Annapolis.

Just like the single family home sales, attached homes (townhouses, condos, etc) saw a decline in sales. Compared to July sales of 20; August sales were 15. But unlike the single family home market which saw a 50% decline, the attached home market only saw a 25% decline. The average sale price saw a jump from $217,411 to $254,950.


The Crofton attached home market went from a Sellers market to a Nuetral/Normal market.

The following report is for the month of August 2011


72 # of Active Crofton Attached Homes For Sale as of this report
14 # of Sold Crofton Attached Homes in the month of August

Of the 14 that sold in August

$129,050 was the Low Sales Price
$344,000 was the High Sales Price
$254,950 was the Average Sales Price
15 was the Low Days on Market
220 was the High Days on Market
81 was the Average Days on Market

5.1 = number of months of inventory

Crofton is experiencing a Nuetral/Normal Market for Attached Homes

Absorption rates
0-4 months inventory is considered a Sellers Market
5-6 months inventory is considered a Neutral/Normal Market
7+ months inventory is considered a Buyers Market
Posted Saturday Sep 24