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Market Update for Communities Near Crofton – March 2011

Real Estate UpdateMargaret’s Monday Morning Market Update
Davidsonville, Gambrills, Odenton –  March 2011

It always amazes me to see how different the statistics look from one zipcode to another, even though they may all be in the greater Crofton area.

It’s very important to understand that these averages are based solely on the properties which sold during a given period –  in this case, March 1–31, 2011.  A drop or increase in the average and/or median sold price from the previous year, for example, does NOT mean that your home (or any one home) lost or gained value. 

In fact, it’s really not possible to draw any conclusion about “trends” without viewing a month to month report.

Okay, here are the highlights of March real estate statistics in 2011 and 2010 for Davidsonville, Gambrills and Odenton:

MARCH 2011

To compare these zipcodes with Crofton (21114), click on (Crofton Market Update).

If you have any questions about the real estate market in your immediate area, please give me a call.  I’ll be happy to share additional information with you and offer my professional opinion explaining the “so what?” 

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