Odenton, MD Real Estate News

By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD sits at ground zero of a robust rental market in Anne Arundel County. Odenton renters come from all areas, but especially military and NSA employees working at Ft. Meade. Considering the Ft. Meade entrance is in Odenton, MD, this is understandable. Today, there are 40 rentals available in Odenton, MD. This number is higher than its been in a few months. Right now the big PCS push at Ft. Meade is over and we’re dealing with a more normal rental market. The least expensive rental in Odenton, MD today is a 2 BR, 1 BA condo in the Lions Gate community. On the upper end you’ll find a 3 BR, 3 BA townhouse in Piney Orchard. There is only one detached home for rent in Odenton today. All Odenton, MD rentals can be found on the map below. The map automatically updates to show only Ac...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is a wonderful destination point for buyers relocating or moving into the area. Almost equidistant between the two large employment centers of Washington, DC , and Baltimore, sits the community of Odenton, MD. Odenton, MD sits right outside the entrance to Ft. Meade and has a wide selection of single family, townhouse and condo’s for sale or rent. Odenton offers a lot to buyers in just about every price range. The inventory of Odenton, MD homes for sale is 195 today. The least expensive being a 2 BR, 2 BA condo in the Lions Gate community listed for $134,900. On the upper end is a single family  BR, 3.5 BA, listed for $639,900 in the Courts of Four Seasons. All the Odenton, MD homes for sale can be found on the map below. The map shows the first 20 but if you click on any i...
Comments 0
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
ODENTON, MARYLAND, REAL ESTATE UPDATE The listing inventory is up slightly from last year, but the average and median sold prices are down. In fact, both the average and median sold prices are the lowest of any August in five years: Unfortunately, the number of units sold and the number of homes that went under contract last month in Odenton are also the lowest of any August over a five-year span. Average days on market, however, is a bright spot on this chart, down over 20% from the same month last year. "What do all these numbers mean to the average homeowner?" you ask.  My crystal ball is not in perfect focus, but my educated guess is that we're still feeling the effects of the tax credit which bribed prospective home buyers to advance their home-buying plans for a few months.  It wi...
Comments 5
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is ideally located close to several important employment markets. Ft. George G. Meade is just minutes away from just about anywhere in Odenton, MD. Several gates of Ft. Meade are in Odenton and more in adjacent Severn, MD. If you're relocating as a result of Permanent Change of Station (PCS), or the Base Realignment and Closure (BRAC) initiative, Odenton, MD should be high on your list of places to look.Many buyers interested in purchasing in the area express interest in the Piney Orchard sub-division. The Piney Orchard area of Odenton is made up of several smaller sub-divisions, while there is also an umbrella Piney Orchard organization which controls facilities for the entire community.There are several reasons to consider Piney Orchard in Odenton when purchasing a home in...
Comments 2
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Nine new rentals came on the market in Odenton, MD last week bringing the total rentals in zip code 21113 to 27. Rental requests remain high, primarily due to military moves at this time. Decent rentals are going pretty quickly. Thirteen new listings became active during the week of 8/15 to 8/21. Prices on these new entries ranged from $225,000 to $525,000.Four homes went under contract/no kick out status, and six went under full contract status. These contract changes are an indicator of future settlements in Odenton, MD.One rental applications were registered, and ten homes were rented last week in Odenton, MD. Again, another indication of the strong rental market in Odenton.Six homes completed the entire sale process and settled. Congratulations to these new Odenton, MD home owners....
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Three new rentals came on the market in Odenton, MD last week. The rental inventory still remains low, and the demand is high, primarily due to military moves at this time. That brings the total available rentals in Odenton to twenty one. Decent rentals are going pretty quickly. Eleven new listings became active during the week of 7/25 to 7/31. Prices on these new entries ranged from $198,500 to $499,900. Six homes went under contract/no kick out status, and four went under full contract status. One listing went under contract with a kick out clause. These contract changes are an indicator of future settlements in Odenton, MD. Four rental applications were registered, and six homes were rented last week in Odenton, MD. Again, another indicationof the strong rental market in Odenton. Ele...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Eight new rentals came on the market in Odenton, MD last week. This is good news since the rental inventory is pretty low, and the demand is high due to military moves at this time. That brings the total available rentals in Odenton to twenty eight. Six new homes became active during the week of 7/11 - 7/18. All of these homes for sale in Odenton, MD were priced under $325,000. Four homes went under contract/no kickout status, and six went under full contract status. This is an indicator of future settlements in Odenton, MD. Three applications were registered, and six homes were rented last week in Odenton. Six homes completed the entire sale process and settled. Congratulations to these new Odenton, MD home owners. No active listings expired, however five active listings were withdraw...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is ideally located close to several important employment markets. Ft. George G. Meade is just minutes away from just about anywhere in Odenton, MD. Several gates of Ft. Meade are in Odenton and more in adjacent Severn, MD. If you're relocating as a result of Permanent Change of Station (PCS), or the Base Realignment and Closure (BRAC) initiative, Odenton, MD should be high on your list of places to look. If you're not too familiar with Odenton, MD, it really is sort of broken up into three distinct parts. There is Vintage Odenton, for lack of a better term, Seven Oaks and Piney Orchard sub-divisions. Each offer unique homes, townhouses and condos for sale. Many buyers interested in purchasing in the area express interest in the Piney Orchard sub-division. The Piney Orchard a...
Comments 0
By Ron Trzcinski, 410-935-5844
(Century 21, The Real Estate Centre, 410-665-0200 Office)
Maryland: Anne Arundel County: Development is On Several factors are coming together to allow for extensive development in the Odenton area of Anne Arundel County, Maryland. New business and new jobs are moving to the region in and around Fort Meade, because of the military base realignment and closure initiative (BRAC).   Odenton, which has been designated as one of the Transit Oriented Districts, as created by the Governor Martin O'Malley Administration, will receive priority funding and state aid.   A developer and the County have reached a tentative agreement whereby the developer will put much of the needed infrastructure into place.   Deal Reached To Spark Odenton Town Center  
Comments 6
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is ideally located close to several important employment markets. Ft. George G. Meade is just minutes away from just about anywhere in Odenton, MD. Several gates of Ft. Meade are in Odenton and more in adjacent Severn, MD. If you're relocating as a result of Permanent Change of Station (PCS), or the Base Realignment and Closure (BRAC) initiative, Odenton, MD should be high on your list of places to look. If you're not too familiar with Odenton, MD, it really is sort of broken up into three distinct parts. There is Vintage Odenton, for lack of a better term, Seven Oaks and Piney Orchard sub-divisions. Each offer unique homes, townhouses and condos for sale. Many buyers interested in purchasing in the area express interest in the Piney Orchard sub-division. The Piney Orchard ...
Comments 1
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is ideally located to several important employment markets. Ft. George G. Meade is just minutes away from just about anywhere in Odenton, MD. Several gates of Ft. Meade are in Odenton and more in adjacent Severn, MD. If you're relocating as a result of Permanent Change of Station (PCS), or the Base Realignment and Closure (BRAC) initiative, Odenton, MD should be high on your list of places to look. The Washington, DC and Baltimore employment markets are pretty much equidistant from Odenton. North to B'more and South to DC. The MARC train has a station in Odenton, making it an easy commute. If you're looking for a home in Odenton, MD or anywhere in the surrounding area, I can help. The map below shows the first 20 Active Listings in Odenton, MD. Click on any of the icons and ...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD is a terrific destination location for buyers, in all price ranges. Uniquely located between the large employment markets of Washington, DC and Baltimore, and only minutes from the Capitol in Annapolis, MD. Odenton also houses parts of Ft. George G. Meade, the location for many relocating employees coming into the area as a result of the Base Realignment and Closure initiative, BRAC.Odenton MD offers a range of styles, including condos, town houses and single family homes for sale. These are located in several sections including, Piney Orchard, Seven Oaks and Old Odenton. First time home buyers and move up buyers will find a decent inventory to choose from in Odenton. Odenton MD has 196 listings for sale and they can all be viewed on the map below. The most affordable home ...
Comments 0
By Margaret Woda, Maryland Real Estate & Military Relocation
(Long & Foster Real Estate, Inc.)
Who doesn't like ice cream on a hot summer day? Or behaps a cold drink of lemonade? On Sunday, June 6, there will be plenty of hand-dipped ice cream and homemade lemonade at the Annual Ice Cream Social to be held at the Odenton Historical Center & Museum (1367 Odenton Road). Plenty of other fun things, too, including a Vintage Hat Contest, prizes for kids dressed in vintage costumes, and entertainment by local talent including a Barbershop Quartet.  Costumed historians will be on hand to introduce you to Odenton history, which is steeped in agriculture and the railroad. If ice cream and lemonade aren't enough to satisfy your sweet tooth, there will also be cakes, pies and cookies! 'Sounds like a lot of fun, especially for Odenton "Newbies" who may not know anything about the history of ...
Comments 5
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD, is a diverse and active real estate community situated in Anne Arundel County, Maryland. Odenton is not known for having many distressed sales, such as foreclosed properties or short sales. That being said, current economic conditions are showing that Odenton is not immune either. Properties that have completed the foreclosure process are put back into a bank inventory and listed with a real estate brokerage for sale. Purchasing a bank owned property is not difficult and banks are very responsive to offers. You can view all eleven active Odenton MD bank owned properties here. If you're looking to purchase a home in Crofton, MD or anywhere in the surrounding area, I can help. Richard Iarossi, REALTOR® Long and Foster® Real Estate, Inc. Crofton, MD 21114 410-451-6255 Office 4...
Comments 1
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
The Odenton, MD real estate market was rocking when comparing March 2010 to the same period in 2009. Total units sold in 2010 were 32, compared to 24 in March of 2009. A very decent increase of 33%. In previous months, Odenton, MD, has been lagging behind other communities in the area slightly. Sales in Odenton, MD for March 2010 were $9,635,350, an increase of 41.36% from 2009. The average sold price jumped to $301,105, a 6% increase from the same period last year. In March of 2010, an Odenton, MD home for sale could expect to be on the market for 94 days, on average. This is a 27% decrease from last year. Another significant indicator for real estate sales in Odenton, MD was the Average Sale as a Percentage of List Price. For March, 2010, this figure was 92.15%, indicating that homes ...
Comments 3
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton MD Real Estate 21113 - Status for Week Ending 04/03/10 View Larger Map The current Active inventory for Odenton, MD homes is 191. An increase of three from last week. 34 of these are rentals and 157 are homes or condos for sale. As you can see from the chart below, seventeen new listings came on the market in Odenton MD last week. The Spring market certainly seems to have arrived in Odenton, MD.  Two of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 6 br, 4.5 bath house in the Chapel Grove section listed for $725,000. Eight new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD, as always. Nine properties moved...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton MD Real Estate 21113 - Status for Week Ending 03/27/10 The current Active inventory for Odenton, MD homes is 188. 38 of these are rentals and 150 are homes or condos for sale. As you can see from the chart below, twenty new listings came on the market in Odenton MD last week. The Spring market seems to have come to Odenton a couple of weeks early. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Eight of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 3 br, 3 bath house in the Piney Orchard section listed for $419,000. Seven new rental listings came on the market this past week. The current rental market is very robust and comp...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton MD Real Estate 21113 - Status for Week Ending 03/20/10 The current inventory for Odenton, MD homes is 180. 34 of these are rentals and 146 are homes for sale. As you can see from the chart below, fourteen new listings came on the market in Odenton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Six of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 4 br, 2.5 bath house in the Seven Oaks section listed for $420,000. Six new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD. Sixteen properties moved into a form of Contract status. Nine of thes...
Comments 0
By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton MD Market Statistics - February 2010 Compared to 2009, February 2010 Odenton MD real estate home sales showed pretty nice increases across the board. Sales volume and units sold increased +72% and +84% respectively. The base for home sales is low, making it difficult to determine an accurate market assessment based on units and volume alone. Despite this, the increase year over year was substantial. Winter months are always difficult to project because of severe weather fluctuations and relatively low number of home sales. This year we experienced two major snow storms which affected real estate across Anne Arundel County. Several other indicators can help to see what's going on in the Odenton, MD real estate market. The average days on market decreased -38% year over year. This...
Comments 1
By Joel Bennett, The Joel Bennett Group
(Long & Foster Real Estate Inc.)
  Total Active Resale Properties 168 New Listing (Past 30 Days) 48 Total Under Contract 19 SOLD Properties (Past 30 Days) 24 Average Sold Price $281,750 Average List Price $300,945 Average Days on the Market 85       Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data  LOOKING TO SELL YOUR CURRENT HOME SOON? If you are considering listing and selling your Anne Arundel County, Baltimore County, Howard County or Prince George's County Maryland real estate, I can provide a FREE HOME EVALUATION REPORT some call it a Comparative Market Analysis Report (CMA).  The report will detail all of the Anne Arundel County, Baltimore County, Howard County or Prince George's County homes comparable to yours that have recently SOLD in your immediate market area!   CLICK HERE TO GET ...
Comments 1