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Median Sold Price for Homes Was UP in January 2011

Real Estate Market Comparison for Crofton, Odenton and Gambrills MD

The real estate market in the greater Crofton area can look quite different from one zipcode to the next, but an increase in the “median sold price” in January 2011 vs. 2010 is something we can all celebrate.

Other statistics are less consistent, as you’ll see from this data provided by MRIS, our regional multiple listing service:

Crofton - 1.2011

Odenton - 1.2011

Gambrills - 1.2011

The conclusion we can draw from this comparison is that real estate is not only local, it’s HYPER-LOCAL –  right down to the zipcodes and even individual neighborhoods throughout Anne Arundel County.

To help make sense of these statistics, give me a call so I can pull information about the immediate neighborhood around your home.  That’s what you’ll need, along with details about current active listings and recent sales of similar nearby homes, to help you price your home for sale.

Copyright Margaret Woda.

Information contained in this post is deemed reliable on the date of publication,
but it is not guaranteed and it is subject to change without notice.

 

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Focus On Crofton was created to attract relocating home buyers to the greater Crofton area and provide information to current residents about local real estate and community information.  Please feel free to contact me with question, news items, or photos.

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