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Odenton Home Sales and Prices Up in February

Margaret’s Monday Morning Market Update for Odenton (21113)
February 2011

Sales were up in Odenton last month –  Year on Year (February 2011 vs. February 2010) and Month on Month (February vs. January 2011). 

But the news gets even better:  Both Median and Average home prices were up “YoY” and “MoM” and the Days on Market number was down.

Odenton 3-21-2011 8-09-14 PM

Unfortunately, there wasn’t enough activity in Davidsonville (only 2 transactions) or Gambrills (4 transactions) last month for the statistics to mean very much for those areas. 

Home Sellers:  This is good news for you, and I encourage you to put your home on the market now, so relocating military members have an opportunity to consider your home during the last month before the tax credit extension runs out for them.

Home Buyers:  You may have missed the bottom!  If you’re active duty military, you may be eligible for the extended tax credit, so don’t let it get away, too!

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