Odenton, MD Real Estate News

By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD, sitting at the entrance to Ft. Meade, has been bucking the real estate trend by showing a +22% increase in sales October 2011 over October 2010. Sales stats for 2011 have been generally positive as well.Sellers and agents love it when sales go up, and the median sold price at the same time. What is inexplicable is that the Average Days on Market is going up as well. This is especially true since new listings haven’t increased to any great degree. One of those data anomaly's that can’t be explained without a very detailed analysis.And while we’re still on the inexplicable, the Average Sold to Original List Price Ratio has shrunk down to 91%. Either buyers are negotiating great deals, or sellers are still having difficulty pricing correctly. An advantage to working in the Od...
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
Odenton, MD Real Estate Market - October 2011 During this general nationwide housing market downturn, the Odenton, MD market is holding it's own. 31 Odenton, MD houses sold in October of 2011 up from 25 this time last year. The overall average sold price has decreased slightly from $275,916 to $217,747 (this includes all types of homes- mobile,townhouse,condo, duplex, and detached single family.) However, the detached single family home price average has risen from $313,800 last year to $364,000 this year. Foreclosures accounted for 5 of the 31 Odenton home sales in October of 2011 and short sales 3. I believe this is because buyers are discovering that short sales and foreclosures with their long response times and lack of seller repairs aren't really the bargain they may seem. New li...
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By Stephen Howell, Annapolis MD Homes For Sale 443-994-8043
(Coldwell Banker Residential Brokerage)
Homes For Sale in Odenton Maryland 21113 - November 2011 Are you looking for Odenton Maryland homes for sale? If so, then you're in the right place! You can often purchase Odenton Maryland homes below the average price of homes in Anne Arundel County making them very affordable. Start searching today among the Odenton Maryland homes for your perfect place to live. There are 147 Odenton homes for sale today. The average asking price is $291,671 and they have been on the market an average of 133 days. The minimum asking price for Odenton homes is $24,900 and a maximum asking price of $674,900. There are 72 Odenton homes under contract today. The average asking price is $275,570 and they were on the market an average of 110 days. The minimum asking price for Odenton homes under contract is...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report Sep. 2011:  Sold dollar value increased in Sep. '11 compare to Sep. '10 from $6.77M to $6.80M (+ %0.46) Average Sold price decreased in Sep. '11 compare to Sep. '10 from $271k to $252k (- %6.98) Total unit Sold increased in Sep. '11 compare to Sep. '10 from 25 to 27 (+ %8.00) Average DOM(Day on Market) decreased in Sep. '11 compare to Sep. '10 from 119 to 105 (- %11.76) Average Sold To List Price ratio decreased in Sep. '11 compare to Sep. '10 from %94.2 to %92.7 (- %1.53) Total active Listing decreased in Sep. '11 compare to Sep.'10 from 204 to 169 (- %17.16)       %41 of unit sold in less than 30 days   %52 of unit sold in less than 60 days   %70 of unit sold in less than 90 days             Do you want a Free Monthly Market Report? Sign up f...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Odenton MD Homes For Sale: Odenton is named after former Governor of Maryland, Oden Bowie. It is bordered by Gambrills to the east, Severn to the north, Fort Meade to the west, and Crofton to the south. It is located at the intersection of Maryland routes 170 and 175 and is parallel to Route 32. The ZIP code is 21113. Here is the name of some of the communities in Odenton: Chapel Gate, Chapel Grove, Four Season, Lions Gate, Maple Ridge, Piney Orchard, ... . To view the list of properties in Odenton, click on following link: Odenton MD Homes for Sale under $200k Odenton MD Homes for Sale $200k-$300k Odenton MD Homes for Sale $300k-$400k Odenton MD Homes for Sale $400k-$500k Odenton MD Homes for Sale $500k and more Odenton MD Homes for Sale Foreclosure Odenton MD Homes for Sale Short Sale...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report Aug. 2011:   Sold dollar value decreased in Aug.'11 compare to Aug.'10 from $9M to $7.98M (- %11.2) Average Sold price decreased in Aug.'11 compare to Aug.'10 from $290k to $257k (- %11.2) Total unit Sold Didn't change in Aug.'11 compare to Aug.'10 from 31 to 31 (+ %0.00) Average DOM(Day on Market) increased in Aug.'11 compare to Aug.'10 from 88 to 134 (+ %52.27) Average Sold To List Price ratio decreased in Aug.'11 compare to Aug.'10 from %92.3 to %90.2 (- %2.28) Total active Listing decreased in Aug.'11 compare to Aug.'10 from 201 to 173 (- %13.93)     %23 of unit sold in less than 30 days %36 of unit sold in less than 60 days %61 of unit sold in less than 90 days      Do you want a Free Monthly Market Report? Sign up for "Market Insider" in ...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
  Piney Orchard Market Report For August 2011 Piney Orchard is a beautifully planned community nestled in the zip code of 21113. Offering amenities galore including pools, nature trails, ball fields, playgrounds, community center, exercise facilities, shopping and easy commuting, Piney Orchard is the perfect community for an easy living lifestyle.   As of today there are the following ACTIVE listings for sale:6 single family homes (1 is a short sale, 0 foreclosures)47 Townhomes (16 are short sales, 1 is a foreclosure)33 condos  ( 1 are short sales, 1 is a foreclosure)21 properties are under contract2 properties are foreclosures8 properties are short salesSold in the month of August1 single family home6 Townhouses (1 short sale, 0 foreclosures)1 Condo (0 short sales, 0  foreclosures) The...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
  Piney Orchard in Odenton MD Market Update August 9th Out and About Loving Piney Orchard Last week brought 5 new listings to the community of Piney Orchard       As of today there are the following ACTIVE listings for sale  in Piney Orchard:3 single family homes (1 is a short sale, 0 foreclosures)63 Townhomes (13 are short sales, 1 is a foreclosure)38 condos  ( 2 are short sales, 1 is a foreclosure)20 properties are under contract1 property is a foreclosure7 properties are short salesSold in the month of July0 single family homes8 Townhouses ( 0 were short sales, 3 were foreclosures)4 Condos ( 0 were short sales, 1 was a foreclosure)   There are 16 properties available for rentPiney Orchard remains a Buyers Market If you are thinking about buying or selling in the community of Piney Or...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Odenton MD Homes For Sale:   Odenton is named after former Governor of Maryland, Oden Bowie. It is bordered by Gambrills to the east, Severn to the north, Fort Meade to the west, and Crofton to the south. It is located at the intersection of Maryland routes 170 and 175 and is parallel to Route 32. The ZIP code is 21113. Here is the name of some of the communities in Odenton: Chapel Gate, Chapel Grove, Four Season, Lions Gate, Maple Ridge, Piney Orchard, ... .                     To view the list of properties in Odenton, click on following link: Odenton MD Homes for Sale under $200k Odenton MD Homes for Sale $200k-$300k Odenton MD Homes for Sale $300k-$400k Odenton MD Homes for Sale $400k-$500k Odenton MD Homes for Sale $500k and more Odenton MD Homes for Sale Foreclosure Odenton MD Hom...
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By Scott Smolen, Rooted in Tradition, Focused on the Future
(RE/MAX Leading Edge)
I have a much higher number of Buyers right now than I did at the same time last year. This is due to a variety of reasons.  Some Buyers are waiting for their current homes to sell, others are waiting for the perfect house, while others have found home that they like and feel are overpriced.  The reality is that the market as a whole in the area did not get the shot in the arm that many of us expected by BRAC this spring.  Therefore the market was more stagnant than what we all expected.   I know that NAR reported that contracts written were up this spring.  However loan fallout was also elevated.  Many of the homes that were on the market that went under contract came back on the market due to contract fall through.  That made the inventory a little higher than the equilibrium when the...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report June 2011: Sold dollar value increased in June'11 compare to June'10 from $11.6M to $11.69M (+ %0.71) Average Sold price decreased in June'11 compare to June'10 from $305k to $278k (- %8.88) Total unit Sold increased in June'11 compare to June'10 from 38 to 42 (+ %10.53) Average DOM(Day on Market) increased in June'11 compare to June'10 from 65 to 101 (+ %55.38) Average Sold To List Price ratio decreased in June'11 compare to June'10 from %97.1 to %92.4 (- %4.92) Total active Listing decreased in June'11 compare to June'10 from 195 to 190 (- %2.56)     %36 of unit sold in less than 30 days %62 of unit sold in less than 60 days %74 of unit sold in less than 90 days        
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Odenton MD Homes For Sale:   Odenton is named after former Governor of Maryland, Oden Bowie. It is bordered by Gambrills to the east, Severn to the north, Fort Meade to the west, and Crofton to the south. It is located at the intersection of Maryland routes 170 and 175 and is parallel to Route 32. The ZIP code is 21113. Here is the name of some of the communities in Odenton: Chapel Gate, Chapel Grove, Four Season, Lions Gate, Maple Ridge, Piney Orchard, ... .                     To view the list of properties in Odenton, click on following link: Odenton MD Homes for Sale under $200k Odenton MD Homes for Sale $200k-$300k Odenton MD Homes for Sale $300k-$400k Odenton MD Homes for Sale $400k-$500k Odenton MD Homes for Sale $500k and more Odenton MD Homes for Sale Foreclosure Odenton MD Hom...
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By Scott Smolen, Rooted in Tradition, Focused on the Future
(RE/MAX Leading Edge)
I just met with some prospects today that are looking for a rental home when their lease is up at the end of September and they liked the house that I showed them.  However in all likelihood, that home will not still be there for them in anymore than 30 days from the time it is listed with the way the rental market is moving in our area at this time.   If you current have a home in the area that you are going to list for rent or are in the market to find a new home to rent, you really will not need to be active any sooner than 45 days from when you want to do either.  In all likelihood, 30 days is plenty. As less people have been buying, more people are renting.  As an example I recently helped some tenants move into a home for rent in Piney Orchard.  The house was listed at (or slightl...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
When Buying Instead of Renting In Piney Orchard. It Means You Are One Smart Cookie Now who would have thought a few short years ago that you could own a wonderful Piney Orchard townhouse for under $300,000? No one really. After all Piney Orchard is a much sought after area and home prices went up along with the demand.Yet like many things in life sometimes things needs to adjust and Piney Orchard is doing just that. And because it is you can now purchase some great townhouses for UNDER $300,000. Here's a great example.Four bedrooms, three full and one half bath, three big levels, updated heating and air, appliances, flooring and more, big deck overlooking beautiful trees and a courtyard that is fenced and private. All this for under $299,000. How do I know this is such a great deal??? I...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
Below are summary of Odenton Market Report May 2011: Sold dollar value decreased in May'11 compare to May'10 from $9.95M to $9.53M (- %4.28) Average Sold price decreased in May'11 compare to May'10 from $284k to $272k  (- %4.28) Total unit Sold didn't change in May'11 compare to May'10 from 35 to 35  (- %0.00) Average DOM(Day on Market) increased in May'11 compare to May'10 from 62 to 112  (+ %80.65) Average Sold To List Price ratio decreased in May'11 compare to May'10 from %94.5 to %92.6  (- %2.02) Total active Listing decreased in May'11 compare to May'10 from 189 to 185  (- %2.12)     %27 of unit sold in less than 30 days %45 of unit sold in less than 60 days %68 of unit sold in less than 90 days        
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
  Odenton, MD, sits right at the front gate of Ft. Meade, and is one of the most popular destination points for BRAC employees relocating to the area. From Odenton, the commute to NSA on Ft. Meade couldn’t be any easier.Odenton, MD offers a wide variety of housing for anyone moving into the area, or up/down sizing their housing needs. You can see some of that variety via six public Open Houses that are being held in Odenton this weekend. Odenton, MD Open Houses for 6/11 and 6/12/2011     Once again, a cautious REMINDER for anyone attending an Open House without their agent. The agent at the property is representing the SELLER, and not any potential BUYER. Also, agents at an Open House are not allowed to solicit your business for any other property while you are at the Open House.If you...
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By Nima Mohmmadi, Realtor in Odenton, Crofton, Severna Park, Millersville, Severn, MD
(Keller Williams Realty-Team Caropreso)
This weekend, There are 5 Open House scheduled in Odenton,MD. If you are attending any of these Open House without your agent, make sure to have your agent's business card and give it to the agent at the property. Remember, The agent is at seller's property and representing the seller, not you or any potential buyers. The agent at the property is not allowed to solicit your business for any other property while you are at the Open House. If you don't have an agent representing you as a buyer and interested in any property in Odenton or anywhere in MD, give me a call at (410)562-8616.   Click here to see the list of scheduled Open House this weekend.      
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
Out and About Loving Annapolis Annapolis Community Spotlight...Piney Orchard in Odenton  Let me introduce you to Piney Orchard in Odenton. Built as a planned community Piney Orchard has evolved into a self contained community of every imaginable amenity. There are 40 neighborhoods within the Piney Orchard boundaries which offer endless housing options including rental apartments, condos with or without elevators, townhouses with and without garages and single family homes. There are 55+ communities and assisted living facilities too.The community is bursting with recreational opportunities. A lake with walking paths, hiking and biking trails,  nature preserve, pools (both indoor and outdoor), tennis courts, playgrounds, fitness center (inside Community Center) county ball fields, and a ...
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
 Pet Friendly Rentals in Odenton, MD   Thanks to the BRAC movement, rentals in  Odenton, MD (and the surrounding areas) are in high demand.    Odenton currently has 23 available rentals ranging in price from $1,400 to $2,800 a month.  There's only one single family home of the 23 (you guessed it, at $2,800).   Being an animal lover myself, and having a mini-zoo of my own, I am focusing this blog on the 10 currently offered pet friendly Odenton, MD rentals.   The following rentals are listed as allowing pets on a case by case basis.  What does this mean? It means before we go to view any of them, I will contact the listing agent and give the specifics of your pets.  Most owners want to know the type of pet- cat/dog/both and in the case of dogs the breed and size.  I always make a case t...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
There is a fabulous yard sale going on in Odenton this weekend. The owner is cleaning house so she can move to be closer to her parents and we are planning on putting her home on the market in the next few weeks or so.  She has been steadily going through each room, making a list and checking it twice, and boy is she going to have some great stuff for sale.  There's going to be tons of housewares....dishes, glasses , misc Books, Candles including Party Lite too an outside dog kennelBunch of womans size clothing and lots of other stuff too and maybe, just maybe some craft/scrap booking stuff. (she is hoping to tackle that room before the yard sale too)   The address where this fabulous yard sale is taking place is:   499 Lisa Avenue in Odenton.   May 21 and 22 (Sat & Sun)  8am -- ?? So s...
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