Upper Marlboro, MD

Upper Marlboro, MD SOLD Homes January 2010

Houses SOLD: 67

Average LIST price: $232,769

Average SELLING price: $233,715

Average DAYS ON MARKET: 126

LOWEST SALE price: $51,500 - 1 bedroom, 1 bath condo located in Treetop built in 1976 - foreclosure

HIGHEST SALE price: $460,000 - 5 bedroom, 3.5 bath single-family built in 2006 - foreclosure

Upper Marlboro, MD ACTIVE listings (as of 2/5/10)

ACTIVE Houses: 549

Average LIST Price: $419,872

LOWEST LIST Price: $69,999 - 1 bedroom, 1 bath top floor condo located in Treetop , built in 1974 - short sale

HIGHEST LIST Price: $3,276,671 - 7 bedroom, 8 full baths, 2 half baths single-family home to be built on 5 acre lot

Current Average Days on Market: 193

Upper Marlboro, MD UNDER CONTRACT listings (as of 2/5/10)

UNDER CONTRACT Houses: 302

Average LIST Price: $260,476

LOWEST LIST Price: $70,500 - 3 bedroom,1.5 bath single family home built in 1915 - bank owned

HIGHEST LIST Price: $990,990 - 5 bedroom, 3 bath single-family home to be built in Belmont Farm community

Average Days on Market: 115

If you are interested in buying or selling a home in Upper Marlboro, MD (Prince George's County) give Stacey-Ann Baugh a call.

Upper Marlboro MD Real Estate - Status for Week Ending 01/23/10

Upper Marlboro, MD, added 33 new active listings to the current inventory last week. The least expensive was a detached 4 bedroom, 1 bath home located in the Croom subdivision and listed for $75,900.

Upper Marlboro, MD rental market is one of the more robust in the area. 4 new rental listings came on the market, and applications were registered for 3 of the current rental inventory.

23 properties moved or changed status into some sort of Contract status, while 23 more sold and went to settlement. The contract status changes tends to be a future indicator of settlements to come in the near future.

10 listings expired last week, and an additional 11 were withdrawn by the sellers.

If you're looking to purchase or sell a home in Upper Marlboro, MD, or the surrounding area, I can help.

The local Multiple Listing Service (MRIS) uses the following status types to indicate a property's availability:

• ACTIVE: Indicates that the property is available with no contingencies, contract or application registered against it.
• CNTG/KO: (Contingent with Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency that includes a kick out clause.
• CNTG/NO KO: (Contingent with No Kick Out) - Indicates that the property is available but has a contract with at least one pending contingency and the pending contingencies do not contain kick out clauses.
• APP REG: (Application Registered) - Indicates that the property is available but a rental application has been registered on it.
• CONTRACT: - Indicates that the property has a ratified contract with no pending contingencies. If the only remaining contingency is financing the status should be contract.
• SOLD: - Indicates that the property is sold and settled.
• RENTED: - Indicates that the property has been rented.
• TEMPORARY OFF: - Indicates that the property is not available for showing. This status is for short term use and must have seller approval.
• EXPIRED: - Indicates that the listing agreement has expired.
• WITHDRAWN: - Indicates that the listing agreement has been terminated prior to its original date.

Richard Iarossi, REALTOR®
Long and Foster® Real Estate, Inc.
Crofton, MD 21114

410-451-6255 Office
443-995-9595 Cell
Web: http://www.RichSellsHomes.com
eMail: Rich@RichSellsHomes.com

Annapolis MD Real Estate Specialist
Bowie MD Real Estate Specialist
Crofton MD Real Estate Specialist

©2009 - RichSellsHomes, All Rights Reserved

Perrywood, Upper Marlboro MD SOLD Homes 2009

Houses SOLD: 45

Average LIST price: $324,824

Average SELLING price: $321,712

LOWEST SALE price: $250,000 - 3 bedroom, 2.5 bath townhome built in 2003 - short sale

HIGHEST SALE price: $450,000 - 5 bedroom, 3.5 bath single-family built in 2002

Average DAYS ON MARKET: 128

Perrywood, Upper Marlboro, MD ACTIVE listings (as of 1/30/10)

ACTIVE Houses: 12

Average LIST Price: $325,396

LOWEST LIST Price: $239,000 - 3 bedroom, 2 full, 2 half baths townhome, built in 1999 - short sale

HIGHEST LIST Price: $410,000 - 5 bedroom, 3.5 bath single-family home built in 1995

Current Average Days on Market: 162

Perrywood, Upper Marlboro, MD UNDER CONTRACT listings (as of 1/30/10)

UNDER CONTRACT Houses: 7

Average LIST Price: $310,160

LOWEST LIST Price: $250,000 - 3 bedroom, 2.5 bath townhome built in 2002 - short sale

HIGHEST LIST Price: $389,922 - 5 bedroom, 3.5 bath single-family home built in 1996 - short sale

Average Days on Market: 53

Perrywood is located in Upper Marlboro, MD just outside the Nation's Capital. Perrywood is a community featuring townhomes and single family homes. Perrywood is accessible to Largo Town Center, Bowie Town Center, Prince George's Community College and FedEx Field - home of the Washington Redskins

If you would like to buy or sell a home in Perrywood, Upper Marlboro MD or if you would like more information about this community please contact Stacey Baugh.

This quote kept me motivated many days during grad school and it keeps me going still!

"The heights by great men reached and kept, were not obtained by sudden flight. But they, while their companions slept, were toiling upward in the night." - Henry Wadsworth Longfellow

Other Longfellow quotes that keep me motivated as I build my real estate business are:

"Perseverance is a great element of success. If you only knock long enough and loud enough at the gate, you are sure to wake up somebody."

"The talent of success is nothing more than doing what you can do well, and doing well whatever you do without thought of fame. If it comes at all it will come because it is deserved, not because it is sought after."

Wishing you a wonderful day.

Beechtree, Upper Marlboro MD SOLD Homes 2009

Houses SOLD: 16

Average LIST price: $460,449

Average SELLING price: $457,580

Average DAYS ON MARKET: 54

LOWEST SALE price: $330,000 - 3 bedroom, 3.5 bath townhome built in 2006 - short sale

HIGHEST SALE price: $618,837 - 4 bedroom, 4.5 bath single-family built in 2009

Beechtree, Upper Marlboro, MD ACTIVE listings (as of 1/16/10)

ACTIVE Houses: 8

Average LIST Price: $473,820

LOWEST LIST Price: $330,000 - 3 bedroom, 3.5 bath townhome, built in 2007 - short sale

HIGHEST LIST Price: $595,990 - 4 bedroom, 4.5 bath single-family home - to be built

Current Average Days on Market: 125

Beechtree, Upper Marlboro, MD UNDER CONTRACT listings (as of 1/16/10)

UNDER CONTRACT Houses: 5

Average LIST Price: $423,267

LOWEST LIST Price: $399,000 - 4 bedroom, 2.5 bath single family home built in 2005 - short sale

HIGHEST LIST Price: $440,900 - 4 bedroom, 2 bath single-family home built in 2010

Average Days on Market: 45

Beechtree, Upper Marlboro, MD NEW CONSTRUCTION

Townhomes

• Ryan Homes - from the upper $290s

Single Family Homes

• Ryan Homes - from the $360s
• MidAtlantic Builders
• Haverford Homes - from the 4400s

Beechtree is located in Upper Marlboro, MD just outside the Nation's Capital and is one of Prince Georges County most luxurious communities. Beechtree is a planned community featuring luxury townhomes and single family homes. The jewel of the community is the stunning Beechtree Golf Course and Country Club which provides a picturesque backdrop for many of the homes. Beechtree has many amenities including a restaurant and a planned swim & tennis center.

If you would like to buy or sell a home in Beechtree, Upper Marlboro MD or if you would like more information about this community please contact Stacey Baugh.