Crofton Maryland Real Estate Report - January-September 2007
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
There was good news and bad news for Crofton in September, according to statistics released by Metropolitan Regional Information Systems, Inc., combined with my own quick review of homes listed, sold, and under contract during that time.Let's start with the GOOD news: Average sold prices were up for the third month in a row, and higher than September 2006, as well. The average sold price in Crofton was up 11.25% from last year to $398,371. The median price was the same as it was in September 2006, $330,000. Now for the BAD news:The number of Crofton homes sold in September 2007 went down 40.38% from the same month last year, and down for the third month in a row to just thirty-one. One third of these were detached homes.Compare this with new listings in September 2007...
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