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Crofton Real Estate Update – July 2009

Real estate statistics for Crofton in July 2009 were much improved over last month and, in some categories, over the same month last year. 

I wouldn’t get too excited, though, because the number of new non-contingent contracts in July was only fifteen,  less than 10% of the available inventory.  Add to that the forty-five new listings last month, and you’ll see why my optimism is guarded.

Just take a look at this graph, to see what a small percentage of homes have sold each month since the beginning of the year.  With an inventory like this, we can’t expect Crofton home values to revive any time soon.

Crofton Real Estate

I thought you might like to see a comparison of average home prices in the Greater Crofton area – Crofton (21114), Davidsonville (21035, Gambrills (21054) and Odenton (21113).

Greater Crofton Council

Gambrills and Davidsonville both have some high-value properties that can dramatically impact the sales statistics, and not necessarily reflect the market very accurately… especially during a month when very few homes sell.


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Providing community and real estate information about the Greater Crofton Area is my way of attracting new D.C.-Baltimore area home buyers to our community while also keeping my neighbors informed and earning their real estate business.  Please click on 
Margaret Woda, Crofton REALTOR or call/text me at 301-346-2923 for help with your next home sale or purchase in the Greater Crofton Area.


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