Stephen Howell, Annapolis Maryland Real Estate Agent

Are you looking for the perfect cottage or castle in Stevensville Maryland? If so, then you've found the right place to search for homes for sale in Stevensville Maryland.

Stevensville Maryland is located on Kent Island in the Chesapeake Bay. Single family homes, from cottages to mansions, can be found through out the area, as well as, waterfront townhomes and waterfront condominiums. Riparian waterfront properties have docks and piers, some with deep water that will accommodate larger sailing and motor yachts.

Centrally located on the Chesapeake Bay, homes in Stevensville Maryland provide access to some of the best sailing and yachting destinations the Bay has to offer, including: Annapolis, St. Michael’s, Oxford, Solomons Island, and Baltimore Harbor. No matter whether you are sailing or fishing, if you live along the waterfront on Kent Island, you have access to Eastern Bay, the Chester River, and of course, the Chesapeake Bay.

Most homes in Stevensville Maryland are a short distance from area shopping, dinning and nightlife. They are also within easy access to Rt. 50, crossing the Chesapeake Bay Bridge, for commuting to Washington DC and Baltimore and the region’s airports (closet major airport is Baltimore Washington International also known as BWI airport).

There are currently 119 homes for sale in Stevensville Maryland. The minimum asking price is $147,900, the average is $848,284, with a maximum asking price of $4,999,000. These homes have been on the market for an average of 212 days.

There are currently 40 Stevensville Maryland homes under contract. The minimum asking price is $123,000, the average is $360,061, with a maximum asking price of $2,100,000. These homes have been on the market for an average of 140 days.

There were 18 homes sold in the last 90 days in Stevensville Maryland. The minimum asking price was $179,900, the average was $306,506, with a maximum asking price of $625,000. These homes were on the market for an average of 134 days. The minimum sold price was $160,000, the average was $29,0372, with a maximum sold price of $625,000 for an average sale price to list price of 86.81%.

With only 6 homes selling each month, there is a little less than a 20 month supply of Stevensville Maryland homes for sale. When the real estate market has more than six month supply of homes for sale, it is generally considered a "buyer's market"; where is there is less than a six month supply, it is generally considered a "seller's market".

Search Homes For Sale In Stevensville Maryland

To see any Stevensville Maryland home listed in the MLS or to setup a personalized search for your dream home, contact me at showell@cbmove.com or call me at 410-923-3217 to discuss your requirements for your next home.

NOTICE: All data about Stevensville Maryland homes is as of March 4, 2012. The charts (if included) track one or more leading market indicators, are updated on or about the 10th of every month, and are interactive (so go ahead and click on 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.

Are you looking for the perfect waterfront cottage or castle in Annapolis Maryland? If so, then you've found the right place to search for just the right Annapolis Maryland waterfront setting where your home is as welcoming when your guests arrive by car as they will be when they arrive by boat.

There are currently 122 waterfront homes for sale in Annapolis Maryland. The minimum asking price is $199,900, the average is $1,551,410, with a maximum asking price of $15,000,000. These homes have been on the market for an average of 279 days.

There are currently 21 Annapolis Maryland waterfront homes under contract. The minimum asking price is $327,500, the average is $1,171,680, with a maximum asking price of $6,495,000. These homes have been on the market for an average of 254 days.

There were 21 waterfront homes sold in the last 90 days in Annapolis Maryland. The minimum asking price was $290,000, the average was $1,260,457, with a maximum asking price of $5,950,000. These homes were on the market for an aveage of 183 days. The minimum sold price was $288,000, the average was $1,145,810, with a maximum sold price of $5,100,000 for an average sale price to list price of 86.47%.

With only 7 homes selling each month, there is a little more than a 17 month supply of Annapolis Maryland waterfront homes for sale. When the real estate market has more than six month supply of homes for sale, it is generally considered a "buyer's market"; where is there is less than a six month supply, it is generally considered a "seller's market".

Waterfront Homes For Sale In Annapolis Maryland

To see any Annapolis Maryland waterfront estate listed in the MLS or to setup a personalized search for your new waterfront dream home, contact me at showell@cbmove.com or call me at 410-923-3217 to discuss your requirements for your next home.

NOTICE: All data about Annapolis Maryland waterfront homes is as of February 17, 2012. The charts (if included) track one or more leading market indicators, are updated on or about the 10th of every month, and are interactive (so go ahead and click on 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.

Original Post: Waterfront Homes For Sale In Annapolis Maryland – February 2012

Once again I found myself walking Rocky (my mixed lab from the Annapolis SPCA) about sunset on the penultimate evening in January 2012 on Thompson Creek off the Chesapeake Bay. It's been unseasonably warm this year. I can't wait to find out whether the common saying about March "in like a lion, out like a lamb" will hold true. In February 2010 there were 34 inches of snow on the ground, but this year the question is how warm will it be and high will the temperature go?

No two sunsets are ever the same on Thompson Creek in Stevensville Maryland. Every time I look at the sky, day or night, it is always different. For example, two nights ago there was a halo around the moon suggesting that rain would come soon. Last night it was clear with stars sprinkled here and there.

Find Your Waterfront Dream Home With A Sunset View Here

Sunsets can be found up and down the Western expanse of Kent Island from Bloody Point to Love Point. Bloody Point is located at the Southern end of Kent Island at the intersection of Eastern Bay and the Chesapeake Bay. Love Point is located at the Northern end of Kent Island where the Chester River and the Chesapeake Bay intertwine. According to sources Kent Island is 31.62 square miles with miles and miles of Chesapeake Bay shoreline.

Thompson Creek is located on Kent Island which is in Stevensville Maryland situated on the Chesapeake Bay. The Chesapeake Bay Bridge's Eastern foot is sets down on Kent Island. The Bay Bridge is metro-Washington, Baltimore, Virgina and Pennsylvania's gateway to the Atlantic Ocean beaches in Delaware and Maryland.

Across the country according to one report inventory levels are down and demand is up. That's great news, especially for December which can often be the slowest month in real estate (after August). In Anne Arundel County Maryland inventory level is down 32.6% to a modest 2,688 active listings in December 2011 from June 2010 when inventory reach 3,928 active listings. With about 7 months of inventory, Anne Arundel County has moved from a buyer's market towards a more balanced market. Industry experts suggest that 6 months of inventory is where the market is balanced. More than 6 months, it's a buyer's market and less than 6 months it's a sellers market. Markets rarely stay balanced for long. There's no guarantee that the local market will tip far enough to be characterized as a seller's market anytime soon.

What's likely to happen in the next few months?

The trend in declining inventory could be expected to continue until about March. After March Annapolis and Anne Arundel County is poised to start the spring market. And, there may be many sellers you are simply waiting for spring to come to market. As you can see from the chart below, inventory peaks in June. Demand follows a similar curve with the most homes sold in during the same time period.

What about the shadow inventory?

Bank owned foreclosures is one shadow inventory. But there's another shadow inventory lurking in the wings of spring. Not often considered are all the homeowners that want to sell, but, haven't been able to. They may have let their listings expire and or withdrew them. Some of these homeowners might have even given up and are just waiting to come back to market as soon as there's a glimmer of hope that they could sell. Both the shadow inventory of bank owned homes and homeowners waiting in the the wings for better conditions could drive inventory levels back to recent highs.

Interest rates aren't enough!

Borrowing to purchase a home has never been more affordable than it has been over the last year. Interest rates for 30-year fixed rate mortgages are at or below 4%. That's simply an amazing rate. The cost of buying a home is well below that of renting. However, the rent-to-buy ratio remains high in our area continue to depress buyer's desire to own a home. Unless prices come down further, despite low interest rates, buyers may continue to sit on the sidelines and simply wait and watch. This is especially true for first-time home buyers. Other renters anxious to buy a home again are those folks that force to rent having lost their homes to short-sales and foreclosures over the last three years.

This year what other dynamics might impact the spring housing market?

There is often optimism in the run up to the presidential election and euphoria that follows for the year afterwards. The next two years should be very good for the stock brokers and real estate brokers alike since people will be buying with the idea that things are finally going to get better or selling with thoughts that things are going to turn for the worse. We won't know that we've reached a tipping point until we can clearly see it in the rear view mirror.