Crofton Maryland Real Estate Update - September 2009
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
Crofton Maryland homeowners want to know, “Is the real estate market stabilizing in Crofton?” Using statistics from the five most recent years, I’ll do my best to answer that for you. Good news: More homes sold/settled during September 2009 in Crofton, Maryland, than September of the two most recent years, although we’re nowhere near the number of the bubble year 2006. More good news: “Days on Market” are down almost 15% from the same month last year, and Both the average and median prices are up slightly from September a year ago. My daughter-in-law, Christine, prepared this chart so we can see a five-year trend in all the areas tracked by Metropolitan Regional Information Services (MRIS). I think this expanded look at the Crofton real estate market is necessary to get a true pictu...
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