Tuesday, July 5, 2011

Anne Arundel County Real Estate Inventory by the Numbers

Here is an interesting look at the homes available for sale in Anne Arundel County shown in table format displaying the number of homes for sale by price range. These numbers were accumulated just before the 4th of July 2011 Holiday.

Price RangeNumber of Homes For Sale
under $99,99943*
$100,000 – 299,999418
$300,000 – 399,999606
$400,000 – 499,999445
$500,000 – 599,999293
$600,000 – 699,999203
$700,000 – 799,999145
$800,000 – 899,99992
$900,000 – 999,99972
$1,000,000 – 1,249,99972
$1,250,000 – 1,499,99967
$1,500,000 – 1,999,99963
$2,000,000 – 2,999,99952
$3,000,000 – 3,999,99918
4,000,000 – 5,999,9997
$6,000,000 + 4
 *Does not include mobile homes.

The average days on market for homes for sale according to the last available report of May 2011 for Anne Arundel County is 109 according to Real Estate Business Intelligence statistics. Also, the same report shows nine months of inventory available, which is calculated by dividing the number of homes available for sale by the number of homes sold in that month.
It is interesting to note that most expensive home for sale in Maryland according to the Metropolitan Regional Information System (MRIS) is located in Dorchester County and as of the date of this post, was listed for $30 Million Dollars. You can see it on HomesDataBase

Strategies For Selling your Home_2
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  Charles Kraus, Associate Broker – Coldwell Banker Residential Brokerage – Annapolis, MD (O) 410 919-2642