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Crofton Real Estate Update – December 2013

Crofton Real Estate Update

This report is based on closed sales in the 21114 zip code during December 2013

Is this a good time to list my Crofton home?

L&F Sign Margaret-croppedThe answer to this question can be found in the housing inventory. There were only 68 homes available for sale in Crofton in December, compared to 75 in November and 79 in October. As the inventory drops, competition usually heats up for available listings, so I would say this is an excellent time to put your home on the market.

Here is some additional information that may give you a peak into the future…

The number of closings in Crofton was up from November 2013, and consistent with December 2012.

The average days on market were up from both November 2013 and December 2012.

The average and median prices were down from both November and December 2012. This is not to say that the value of any one house went down, only that more lower priced homes sold than higher priced ones – many of these were bank-owned and short sales, which throw off the “real” numbers. We can’t ignore them, however, because they are the competition.

When we look at the full year for 2013 in Crofton compared to 2012,the number of closings and home prices were up and the days on market down almost 50%.

So what does all this mean to you and your prospects of selling if you put your home on the market in the next few weeks or months? That’s the questieon of the day!

The answer isn’t “simple” because there are so many potential factors beyond our control – the economy, politics (from local to International and everywhere in between), and even the weather – but… barring any major changes from something beyond our control – I think we’re in for a better market in the next few months than we’ve seen during the spring season in any of the past three years. That’s good news for you if you’re thinking about selling your property.

Want more details? Give me a call at (410) 451-6245.
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Visit my website at MargaretWoda.com for more real estate information.

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Crofton’s 50th Anniversary Calendar – 1964-2014

CROFTON’S 50TH ANNIVERSARY CALENDAR OF EVENTS

It’s been 50 years since Crofton’s first home-owners moved into their new home. They’re seen here at closing with developer Hamilton Crawford, standing left. (Photo: Source Crawford Corporation)
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A busy committee of volunteers has been lining up special events and collecting photos and stories to share with the 25,000+ people who now call Crofton home. You may have seen some of these photos during the presentation by Crofton Village Garden Club at Crofton Country Club, as part of Crofton’s 50th Anniversary Holiday House Tour. By the way, you can click on any photo to enlarge it.

JANUARY
4 – Fitness Event, Crofton Country Club (Photo: Source Crawford Corporation. Crofton Country Club in the 60’s)

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FEBRUARY

22 – Luau, Crofton Country Club (Photo: Source Crawford Corporation. Crofton Georgetown Homes under construction)
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MARCH
Crofton History Month at Crofton Library and local schools (Photo: Source unknown. Crofton Gate approx. 1970)
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APRIL (Photo: Source unknown. Easter Egg Hunt, date unknown)
5 – Earth Day Celebration, with a month-long focus on restoration and beautification
12 – Easter Egg Hunt, sponsored by the Crofton Civic Association
26 – Crofton Craft Fair, sponsored by the Crofton Kiwanis
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MAY
1 – May Baskets, sponsored by Crofton Village Garden Club
10 – Armed Forces/First Responders parade
16 – Linthicum Walks, Preview Reception for Art Walk
17 – and 18 Linthicum Walks, Art Walk, featuring Crofton artists, authors and music
31 – Shrimp and Crab Feast, Crofton Country Club
31 – Crofton Got Talent, Crofton Country Club
(Photo: Source and date unknown. Back Lake Park)

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JUNE
7 – 10k race, sponsored by Crofton Kiwanis
22 – Summer Concert Series, Crofton Village Green
29 – Summer Concert Series, Crofton Village Green (Photo: Source and date unknown)

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JULY
4 – Neighborhood picnics and block parties (Photo: Source: Long & Foster REALTORS®. July 4 parade, 1970’s)
6 – Summer Concert Series, Crofton Village Green
13 – Summer Concert Series, Crofton Village Green

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AUGUST
5 – Hands around the Parkway – Children’s chalk art around Crofton Parkway (Photo: Marcia Perry. Children’s Bike Parade on Crofton Parkway)

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SEPTEMBER
15 – Golf Tournament, Crofton Country Club (Photo: Source Margaret Woda, South Atlantic Jr. Golf Championship, 1980’s)

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OCTOBER
24 – Homecoming Week
25 – Dinner celebrating former Crofton Civic Association Presidents, community leaders, and business leaders (Photo: Source Patricia Stevenson. Crofton Women’s Club, Guest Speaker County Executive James Lighthizer of Crofton)
25 – Halloween Parade, sponsored by Crofton Kiwanis
25 – Bull Roast, Music, and other events throughout the day and evening at Crofton Country Club
26 – Ecumenical Service

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Celebrate your community, whether you’re a long-time resident or new to Crofton. Remember, there’s more to Crofton than “Old Crofton.” This celebration is yours, even if you live in a home built within the past 10 years!

P.S. Speaking as a local real estate agent, it can only do good things for your property value to promote the wonderful people, places, businesses, and culture of our community during this once-in-a-lifetime celebration. Just saying’…

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New Year’s Eve Annapolis – 2014

New Year’s Eve Annapolis – 2014

If you’ve never been to Annapolis, Maryland, for New Year’s Eve, mark it on your calendar for this year. The celebration begins at 3 p.m. with Town Crier John Squire Frederick leading the Annapolis Drum and Bugle Corps from the Market House to the Big Tent at Susan Campbell Park.  The tent will be heated, but you’ll still want to dress appropriately for the weather outside.

fireworksChesapeake Children’s Museum will be open from 3 – 7 p.m. for kids’ activities, and Laura Renee Davis will be face-painting. Then, at 4:30, look for The Magical Worlds of Jack Julius.  From 5:30-6:40, join the GOOMBAY “Caribbean Experience”  for a Limbo Contest. Meanwhile, most businesses and restaurants in the city will be open and many will feature special offers.  D.J. Scott Hymes will start the music at 7 p.m. and Radio City will perform yesterday’s and today’s top hits for dancing, beginning at 10 p.m.  As you can see from this busy schedule of events, there’s something for everyone!

The best part may be the FIREWORKS, and you don’t have to wait until midnight to see them. There will be fireworks at 7:30 p.m. AND again at midnight.  (Many thanks to the local sponsors listed on the Annapolis.gov website.) The best viewing areas for fireworks will be at Susan Campbell Park and Main Street. Other suggested areas include public spaces northeast of the Severn River, any of the street-end parks facing Spa Creek and aboard a boat in the city harbor.

Restaurants and business will be open throughout the city on New Year’s Eve, and it might be a good idea to call ahead to find out if your favorite restaurant will take reservations. You can park in one of the city parking garages and ride the Circulator bus FREE right into the heart of the New Year’s Eve fun. Just ring the bell to stop and get off anywhere!

* Amount shown is daily maximum.  The regular hourly rate will apply.

Happy New Year, Crofton!

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Closer to home, there will be a New Year’s Eve party at Crofton Country Club.  Did you know that a social membership is just $65/month, including use of the pool all summer?  Join the club this week for 2014, and attend the New Year’s Eve celebration closer to home. Email Membership Director Pat Klug at [email protected] for more information.

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2013 Santa Cruise in Crofton, Maryland

Santa Claus Sign2013 Santa Cruise in Crofton, Maryland

Arundel Volunteer Fire Department will be out and about in the greater Crofton area, beginning on Monday, December 16, from 6-9 p.m.  They’ll be giving Santa Claus a tour of our community so he doesn’t get lost on Christmas Eve.

When you hear or see them coming, be sure to step outside and wave to let them know you appreciate this holiday tradition in our community.

Check Santa’s schedule here, so you don’t miss his visit to your street, but keep in mind that the schedule is subject to change if the fire department has to respond to an emergency.

Monday, December 16th

Chelmsford, Charring Cross, Keswick Apts, Highlands, Seton Woods, Crofton Mews, Riedel Road, Nantucket, Johns Hopkins Road

Tuesday, December 17th

Layton Street and Crofton sections K, H, F, E, D, R; Crofton Commons, Carlyle Drive, Pleasant Meadow, Courts of Crofton, Orchards

Wednesday, December 18th

Mount Tabor Road, Huntington, Hallmark, Hermitage, Lavall, Cheval Trails, Lake of the Pines, Woodbridge

Thursday, December 19th

Rt 450 side of Patuxent River Road, Greens of Crofton, Cedar Grove, Crofton Sections G, U, W, A, T, S

Friday, December 20th

Eagles Passages, Gravely, Annapolis Preserve, Penderbrooke, St Stephens Church Road

Saturday, December 21st

Crofton Meadows, Chapman Farms

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Focus on Crofton is my way of introducing relocating home buyers to our community and sharing community information with current residents. If you or your organization would like to contribute announcements or photos or if you’d like more information about the greater Crofton area, you can contact me at [email protected]

 

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Home Prices Up in Crofton, Maryland – November 2013

Crofton Real Estate Market Update – November 2013

Home prices for closed sales increased during November in Crofton, Maryland – The median price went up over 23% from last year and the average price increased 14.5%.  Comparing November’s prices with October 2013, the increase was over 4% for both median and average.  The median price is defined as the mid price, with an equal number higher and lower; the average price is determined by adding the sold price for all homes that closed and dividing it by the number of homes sold.

Of course, this number doesn’t mean that the value of any individual home has increased an equal amount because the statistics are based on a limited number of homes – the 18 homes that closed in November 2013.  This number dropped significantly – nearly 38% in November from the same month last year and nearly 22% from last month, October 2013.

With mixed news like this,  what does it mean to Crofton home buyers and sellers?  Well, there’s another indicator that I always look to for answering that question:  I call it “balance.”  When the number of new listings and new closed sales are the same, that indicates supply and demand are in balance.  During November 2013, there were 16 new listings and 16 new pendings, including 7 contingent contracts.

These statistics are based on sales in the 21114 zipcode, but trends may be different in your own neighborhood or a neighborhood where you’re considering buying a home.  Be sure to ask me or your own agent what’s been happening in different communities in and around Crofton.

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FocusonCrofton.com is my way of attracting prospective home buyers to our community and keeping my neighbors informed about real estate and community activities.  If you or your organization would like to share information that might be of interest to others, please click on the CONTACT button at the top of this page.

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