Are you looking for Glen Burnie Maryland homes for sale? If so, then you're in the right place! You can often purchase Glen Burnie homes at substantially discounted prices, making them very affordable in today's real estate market. There are also some Glen Burnie bank-owned for sale and short sale homes for sale in Glen Burnie that are great deals.
Glen Burnie Maryland is located in northern Anne Arundel County. You can find a diverse mix of single family homes, townhomes, and condominiums in Glen Burnie. There is also new construction, but in new subdivisions and spot lot construction. Glen Burnie is located within easy commuting distance of Fort Meade, NSA, many government contractors, Baltimore and Washington. Glen Burnie is situated near the Baltimore Washington International Airport ("BWI").
Glen Burnie neighborhoods include: Acreslee, Castle Harbour, Country Club Estates, Cromwell Fountain, Fox Chase, Gaylor Gardens, Glen Burnie Heights, Glen Burnie Park, Glenmore, Harundale, Munroe Gardens, Parke West, Shoreland, Solley Heights, Spencer Gardens, Sun Valley, Tanyard Springs, Towering Oaks, View Point Park, Wellington, Westdale Park, Weymuth Ridge, Willow Run, Woodlawn Heights, Woods Edge, Woodside Square and others.
Start searching today among the Glen Burnie Maryland homes for sale for your perfect place to live.
There are 318 Glen Burnie homes for sale today. The average asking price is $252,186 and they have been on the market an average of 201 days. The minimum asking price for Glen Burnie homes is $64,990 and a maximum asking price of $1,950,000.
There are 137 Glen Burnie homes under contract today. The average asking price is $187,347, and they have been on the market an average of 107 days. The minimum asking price for Glen Burnie homes under contract is $55,000 and a maximum asking price of $475,000.
In the last 60 days there were 99 homes sold in Glen Burnie Maryland. The average list price was $228,883 and they were on the market for an average of 84 days. The minimum list price for sold listings was $45,000 and a maximum list price of $699,900.
The average sold price for Glen Burnie Maryland homes sold was $222,186 for a 89.42% sold-to-list ratio off their original list price. The minimum sold price was $45,000 and the maximum sold price was $612,500. The average seller subsidy paid was $6,459, with an minimum of $0 and a maximum of $17,382. Seller subsidies are typically paid to the buyer at closing and reduce the seller's net proceeds by that amount.
With slightly less than 50 Glen Burnie properties selling each month, there is slightly more than a 6 month inventory of homes for sale in Glen Burnie. A 6 month inventory of homes for sale is generally considered a "balanced" real estate market where neither sellers or buyers. This really is a remarkable time for highly qualified buyers to consider purchasing their first home or an additional property despite nearly balanced market conditions. Nevertheless:
- Glen Burnie Maryland homes are very affordable right now
- Interest rates are low even on jumbo mortgages
- Excellent financing options are available for qualifying buyers
- Timing is everything when it comes to finding just the right Glen Burnie Maryland home
- Owning a home is everyone’s dream
Don't waste any more time, find your Glen Burnie home today.
Watch the short video (below) about the Baltimore metro real estate market for more insight on homes for sale in Glen Burnie Maryland.
If you have a home to sell in Glen Burnie and want to learn how to reach tech savvy buyers using video home tours, want a professional consultation on current market conditions, or if you are interested in purchasing your next home in Glen Burnie and want to tour any of the homes currently on the market, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com.
NOTICE: All data as of December 10, 2011. 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.
