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Odenton, MD Real Estate News

By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
Odenton, MD, one of the destination locations for people relocating into the area because of Ft. Meade, has had a see-saw year for real estate. Through October, Odenton had been doing generally better that 2011. November, however, was a different story. There was nothing you could actually point to and say, “this the cause.” It seems that Odenton was caught up in the general malaise of the market. The Ft. Meade Base Realignment and Closure didn’t generate near the number of sales that were anticipated. If you look at the pendings, you’ll see that the months of December and January look to be doing just fine.   The median sold price remains steady and ahead of last year. An excellent sign in a market where prices are declining in many areas.   Buyers looking for a decent home in Odenton ...
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By Stephen Howell, Annapolis MD Homes For Sale 443-994-8043
(Coldwell Banker Residential Brokerage)
Are you looking for Odenton Maryland homes for sale? If so, then you're in the right place! You can often purchase Odenton homes at substantially discounted prices, making them very affordable in today's real estate market. There are also some Odenton bank-owned for sale and Odenton short sale homes for sale that are great deals. Odenton is centrally located in middle of Anne Arundel County. You can find condominiums, townhomes and single family homes in Odenton.  Odenton is within commuting distance of Washington DC and Baltimore, Fort Meade, NSA, many government contractors and within easy driving distance from the region’s three major airports (BWI, Reagan National, Dulles). Odenton neighborhoods include: Chapel Grove, Enclave At Seven Oaks, Four Seasons Estates, Kings Ransom, Lions ...
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By Christie Lane Craven, Your Anne Arundel County Agent
(Blackwell Real Estate )
Rentals available in the Piney Orchard Community of Odenton, MD  Piney Orchard is an attractive community with many amenities.  Several community pools, a fitness center, nature trails, and plenty of green spaces make it no surprise this area has a hot rental market.  Below are the current rental offerings in Piney Orchard of Odenton, MD  If you are interested in more information on any of these properties or would like to arrange a showing, please contact me an I'll be happy to help.                  Price              Address                           Bedroom/Full Baths/Half Baths     $1,400 2450 APPLE BLOSSOM LN #301      2/2/0     $1,550 2454 APPLE BLOSSOM LN #304      2/2/0     $1,550 8645 WILLOW LEAF LN                  2/2/1     $1,550 694 WINDING STREAM WAY #201   2/2/0     $1,...
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
ODENTON, MD HOMES FOR SALE Odenton, MD, sitting at the entrance to Ft. Meade is certainly a destination point for buyers coming into the area, both military and non-military alike. No surprise here since Odenton has excellent schools, a fantastic location, and a decent selection of single family homes, townhouses, and condos in all price ranges. Recreational facilities and nature trails abound in the Piney Orchard section as well.Today, there are 138 active listings for sale in Odenton.  The time couldn’t be more right for buyers to get a terrific deal on a home with interest rates so low, and sellers willing to deal.The map below shows all Odenton, MD homes for sale. Click on any of the icons to get detailed information, and pictures, of all active listings.If you’re not already worki...
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By Martha Brown, Your Homes Around Annapolis Agent
(Long & Foster Real Estate, Inc., Annapolis MD 21403)
Look Whose Under Contract and Getting a Bigger Yard   What joy, what excitement, what craziness as Mommy and Daddy are packing to move us Three Musketeers and themselves to a new home with a bigger yard. A new young family bought our current home.  at 2421 Winding Ridge Rd in Piney Orchard. And they have 2 young children which is great because there are kids their age right next door. And... their Mommy and Daddy love to walk so having the walking trail just out the back door is a real treat. Our home was perfect for them!!We are moving right after Thanksgiving. Our new home even has a doggies door so we can go out to our new big yard whenever we want. Life sure is good.If you want a new home with a big yard for your Mommy and Daddy to let you play in give Martha a call. She will find t...
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By Richard Iarossi, Crofton MD Real Estate, Annapolis MD Real Estate
(Coldwell Banker Residential Brokerage)
A condominium is a form of ownership. Basically, you own from the walls in. The outside of the property is owned and maintained by the Condominium Association. Owners of condo’s pay monthly dues, as well as property taxes. The monthly dues covers a master insurance policy, and maintenance.In this area, condo’s can look like an apartment building, or just like a townhouse. Owning a condo becomes more of a lifestyle issue. If you want your weekends to yourself, without having to cut grass, rake leaves, shovel snow, etc., than condo ownership may be the right choice for you.In the area around Ft. Meade, Odenton is the location with the most opportunities to own a condo. You have to check though, because many of them are 55+ Active Adult communities. If you’re looking for a condo in Odenton...
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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 Oct. 2011: Sold dollar value increased in Oct.'11 compare to Oct.'10 from $6.89M to $8.42M (+ %22) Average Sold price decreased in Oct.'11 compare to Oct.'10 from $276k to $242k (- %2) Total unit Sold increased in Oct.'11 compare to Oct.'10 from 25 to 31 (+ %24) Average DOM(Day on Market) increased in Oct.'11 compare to Oct.'10 from 74 to 117 (+ %58) Average Sold To List Price ratio decreased in Oct.'11 compare to Oct.'10 from %92 to %91 (- %1) Total active Listing decreased in Oct.'11 compare to Oct.'10 from 190 to 161 (- %15)     % 7 of unit sold in less than 30 days   %25 of unit sold in less than 60 days   %49 of unit sold in less than 90 days     Do you want a Free Monthly Market Report? Sign up for "Market Insider" in my website: www.MDHo...
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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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