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Home Residential Home Resale statistics for Ann...

Residential Home Resale statistics for Anne Arundel County- March 2009

Real Estate Trend Indicator

Anne Arundel County seal

There was obviously a great deal of activity for the month of March 2009 in Anne Arundel County. The number of sales increased to 352 from 233 in February 2009, but statistically the average sale price as a percentage of the average list price was 87.4%. IT'S A GREAT TIME TO BUY A HOME IN ANNE ARUNDEL COUNTY.

Anne Arundel County, MD

From: 03/01/2009 to 03/31/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

1

0

0

1

5

13

3

38

1 -30 Days

71

$100,000 - 149,999

2

2

0

2

2

27

10

2

31-60 Days

36

$150,000 - 199,999

7

11

3

8

2

128

94

10

61 - 90 Days

28

$200,000 - 249,999

16

32

11

20

1

293

110

19

91-120 Days

39

$250,000 - 299,999

2

32

13

7

0

494

90

15

Over 120 Days

178

$300,000 - 349,999

1

28

19

4

0

411

30

8

Total

352

$350,000 - 399,999

2

13

15

0

0

390

25

2

$400,000 - 449,999

1

4

14

1

0

215

17

1

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

1

3

11

2

0

240

26

1

$500,000 - 599,999

1

0

11

0

0

331

21

0

Conventional

141

$600,000 - 699,999

0

4

11

0

0

232

17

0

FHA

127

$700,000 - 799,999

0

2

3

0

0

135

14

0

VA

40

$800,000 - 899,999

0

0

4

1

0

123

14

0

Assumption

14

$900,000 - 999,999

0

0

3

0

0

91

7

0

Cash

22

$1,000,000 - 2,499,999

0

1

10

0

0

272

18

0

Owner Finance

1

$2,500,000 - 4,999,999

0

0

1

0

0

54

1

0

All Other

7

$5,000,000 & Over

0

0

1

0

0

10

0

0

Unreported

0

Totals

34

132

130

46

10

3459

497

96

Total

352

Grand Totals

 352 4052
2009 2008 % Change
Total Sold Dollar Volume: $ 133,785,193 $ 163,753,967 - 18.30 %
Average Sold Price: $ 380,072 $ 391,756 - 2.98 %
Median Sold Price: $ 290,000 $ 311,250 - 6.83 %
Total Units Sold: 352 418 - 15.79 %
Average Days on Market: 149 139 7.19 %
Average List Price for Solds: $ 434,856 $ 431,775 0.71 %
Avg Sale Price as a
percentage of Avg List Price: 		87.40 % 90.73 %
Total Number of NEW listings
taken for the month: 929

Total Number of Properties
marked Contract for the month: 304
Total Number of Properties
marked Contingent for the month: 176

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 480

If your interested in relocating and finding a home in Anne Arundel County, Maryland, please Contact The Mcintire Team of Long & Foster Real Estate.

Ellie McIntire

The McIntire Team

Office 410-461-1456

Cell 443-418-7668

E-mail: Ellie@LNF.com

http://www.elliesteam.com/

We redefine the essence of service

Posted Monday Apr 13