Archive for December, 2008

LUXURY HOME MARKET IN MARYLAND IS HOLDING UP FOR HOME BUYERS.

Tuesday, December 2nd, 2008

ANNAPOLIS AND ARNOLD ARE SEEING CLOSED SALES for water front properties.  This happens yearly this time of the year.  Owners of waterfront properties enjoy their home during the summer season and, come fall, think about selling.  What is unique this year is the difference between the list price and sold price.   Waterfron homes in Annapolis and Arnold sold for about $91% of list price.  Sales in the past have been approximately 94% of list price. 

This means that sellers are more willing to negotiate price.  That’s good news for luxury home buyer in Annapolis and Arnold real estate.

WATERFRONT HOMES SOLD FROM SEPTEMBER 1, THROUGH NOVEMBER 30, 2008.

Status: SOLD (10)
List Price Bedrooms Baths FB HB DOMM DOMP Lot Sqft Yr Built
Min $1,195,000 2 2 2 0 0 0 10,000 1930
Max $6,900,000 5 6 5 2 1,013 1,013 197,762 1992
Avg $2,433,990 4 4 3 1 213 213 60,342 1971
Luxury Home Annapplis

Luxury Home Annapplis

To tour luxury homes in Maryland, contact Lenn Harley, Broker, Homefinders.com, 800-711-7988.

We can help.

Other waterfront locations are found throughout Maryland on the Chesapeake Bay, Severn River, Magothy River and other lovely water front areas and communities.

Waterfront areas in Maryland

Waterfront areas in Maryland