Real Estate Report for Gambrills, Maryland - August 2010
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
GAMBRILLS, MARYLAND, REAL ESTATE MARKET UPDATE Real estate statistics comparing Gambrills, last month, with the same month the previous year presented a more positive picture than we saw in other nearby zipcodes: Units sold: Up 36% over last year Average sold price: Up 28% Median sold price: Up 58% Average days on market: Down 43% Let's take a look at August over the past five years, so we can put last month's numbers in perspective: Another encouraging statistic is the percentage of list price vs. sold price - 90.31%, compared to just 86.59% last year... still not as high as August 2006-2008, but I'll take that number. Compare Gambrills with Anne Arundel County Real Estate - August 2010
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