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Anne Arundel County Real Estate Sales Down in November

MAP Anne Arundel CountySales and dollar volume were both down last month in Anne Arundel County MD real estate by about 25% from November 2009.

Attached units, including condos and townhomes were down 40%, with a decline in average sold price of just under 7%.  Detached units were down less –  17.75% –  and their average sold price was down 3.13% from the same month last year.

Amid all this doom and gloom, we did see a couple of bright spots:  The number of average days on market for these sales was down slightly, a little over 2%, and both the average and median sold prices were down only a little. 

AA County 12.10

To help put last month’s “sold” statistics in perspective, here’s a further breakdown of inventory, days on market, and new construction.  This information includes only those homes listed on MRIS, and not new construction sold directly by builders.

AA County2-12.10

Specific information for local zipcodes will be available next week, so check back then to find out what happened in your zipcode during November 2010.

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