Davidsonville, Gambrills and Odenton Real Estate Activity – November 2009
December 28th, 2009 Categories: Market Updates
Davidsonville, Gambrills and Odenton homeowners and prospective buyers in Maryland are asking how many homes sold last month in those areas, what happened to prices, and how long it took for homes to sell last month. And, for all of the above, how did November 2009 compare with November 2008?
You’ll see that activity varied widely, even for communities that are located within five minutes and five miles of each other in Anne Arundel County, Maryland:
UNITS SOLD:
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Davidsonville (21035) - No change – 3
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Gambrills (21054) – Down 25% to 3
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Odenton (21035) – Up 65% to 33
SOLD PRICES:
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Davidsonville (21035) - Median sold price down almost 20% to $490,000; average sold price down 2.55% to $573,333.
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Gambrills (21054) – Median sold price up almost 30% to $519,500; average sold price up over 61% to $637,027.
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Odenton (21035) – Median sold price down 7.67% to $294,999; average sold price down 7.92% to $302,179.
AVERAGE DAYS ON MARKET:
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Davidsonville (21035) - Down 68.62% to 123
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Gambrills (21054) – Down 43.36% to 128
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Odenton (21035) – Down 13.21% to 92
While the average days on market in these zipcodes was over three months, you can see from this pie chart that 23 of the sold homes were on the market for less than that, while 17 were on the market for 3 months or more.
Other Real Estate Market Updates for November 2009:
- Is Anne Arundel County Real Estate Rebounding?
- Has Crofton Real Estate Bottomed Out Yet?
- Are Bowie MD Real Estate Prices Still Dropping?
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