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Homes For Sale

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Crofton Homes for Sale

During the first fifteen days of October, only three homes sold in the 21114 zipcode and twenty-three homes were newly listed.  The net result:  136 Crofton homes for sale now, including 53 detached homes that range from $275,000 to $850,000, and 83 condos/townhomes for sale ranging from $199,000 to $389,000. 

Here are the neighborhoods where you can find these home for sale in Crofton:

Detached Houses3

 Condos Townhome 21114

Since only three homes went under contract so far, this month, let’s look at each to see if there were any common threads:

The townhome on Revere Court in Wellfleet Mews was a HUD Foreclosure property appraised at $279,000, but listed at $265,000.  It was on the market only 17 days, suggesting that price was the compelling factor in this sale. 

A townhome on Aberdeen Circle in Crofton Meadows, listed at $289,500, was a “Buyers Paradise” that had been totally renovated inside and out.  The price was dropped $10,000 during the 86 days it was on the market, and the seller offered closing help to the buyer plus a bonus to the selling broker. 

A four-bedroom end unit townhome on Albermarle Drive in Lake Louise was listed in June for $359,900, but the price dropped to $345,000 in September.  This home has upgrades galore.

These three properties are townhomes, as you can see, and they were priced to sell.  They were listed with three different brokers, and the home on Albermarle has a contingent contract that is subject to “kickout.”   We won’t know the actual sale price or terms until after they go to settlement.

If any conclusion might be suggested by these properties, it would probably be that first-time buyers are still buying homes, but not “move-ups.”   This is pure conjecture on my part, based solely on the price range of the homes, because I’m not involved in any of these transactions and have no first-hand knowledge.

Related Post: 
What’s Happening in MY Crofton Neighborhood? 
Easy Living, Easy-to-Love Crofton Rancher for Sale

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