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Middle River, MD Real Estate News

By Mike Klijanowicz, Associate Broker @ Cummings & Co. Realtors
(Cummings & Co. Realtors)
(November 1, 2007 - November 30, 2007)Here is your monthly report for local Real Estate Activity in Middle River, Maryland (21220)TOTAL SOLD DOLLAR VOLUME = $5,435,220AVERAGE SOLD PRICE = $236,314AVERAGE LIST PRICE FOR SOLDS = $260,141TOTAL UNITS SOLD = 23AVERAGE DAYS ON MARKET = 90AVERAGE SALE PRICE % OF LIST PRICE = 90.84%TOTAL NEW LISTINGS =  36TOTAL LISTINGS PENDING CONTRACT = 18TOTAL LISTINGS SOLD = 23            Single Family & Townhomes = 23            Condos = 0TOTAL ACTIVE LISTINGS = 217              Single Family & Townhomes = 215            Condos = 2*SOURCE:  METROPOLITAN REGIONAL INFORMATION SYSTEMS, INC. - MLS RESALE DATA(Information deemed reliable, but is not guaranteed.)If you are considering selling your home, I can provide a FREE HOME EVALUATION REPORT also known as a...
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By Mike Klijanowicz, Associate Broker @ Cummings & Co. Realtors
(Cummings & Co. Realtors)
(August 1, 2007 - August 31, 2007)              Here is your monthly report for local Real Estate Activity in Middle River, Maryland (21220)TOTAL SOLD DOLLAR VOLUME = $9,998,805AVERAGE SOLD PRICE = $256,123AVERAGE LIST PRICE FOR SOLDS = $272,225TOTAL UNITS SOLD = 39AVERAGE DAYS ON MARKET = 100AVERAGE SALE PRICE % OF LIST PRICE = 94.09%TOTAL NEW LISTINGS = 73 TOTAL LISTINGS PENDING CONTRACT = 30TOTAL LISTINGS SOLD = 39            Single Family & Townhomes = 35            Condos = 4TOTAL ACTIVE LISTINGS = 235              Single Family & Townhomes = 234            Condos = 1*SOURCE:  METROPOLITAN REGIONAL INFORMATION SYSTEMS, INC. - MLS RESALE DATA(Information deemed reliable, but is not guaranteed.)If you are considering selling your home, I can provide a FREE HOME EVALUATION REPORT also...
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By Mike Klijanowicz, Associate Broker @ Cummings & Co. Realtors
(Cummings & Co. Realtors)
(July 1, 2007 - July 31, 2007) Here is your monthly report for local Real Estate Activity in Middle River, Maryland (21220) TOTAL SOLD DOLLAR VOLUME = $7,216,550AVERAGE SOLD PRICE = $248,847AVERAGE LIST PRICE FOR SOLDS = $261,105AVERAGE DAYS ON MARKET = 62AVERAGE SALE PRICE % OF LIST PRICE = 95.31% TOTAL NEW LISTINGS = 63TOTAL LISTINGS PENDING CONTRACT = 42TOTAL LISTINGS SOLD = 29            Single Family & Townhomes = 28            Condos = 1 TOTAL ACTIVE LISTINGS = 225            Single Family & Townhomes = 224            Condos = 1                        SOURCE:  METROPOLITAN REGIONAL INFORMATION SYSTEMS, INC. - MLS RESALE DATA (Information deemed reliable, but is not guaranteed.) FREE HOME SEARCH FOR LISTINGS DIRECT FROM MLS:  http://www.isellmdhomes.com/
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By Mike Klijanowicz, Associate Broker @ Cummings & Co. Realtors
(Cummings & Co. Realtors)
(July 1, 2007 - July 31, 2007) Here is your monthly report for local Real Estate Activity in Middle River, Maryland (21220) TOTAL SOLD DOLLAR VOLUME = $7,216,550AVERAGE SOLD PRICE = $248,847AVERAGE LIST PRICE FOR SOLDS = $261,105AVERAGE DAYS ON MARKET = 62AVERAGE SALE PRICE % OF LIST PRICE = 95.31% TOTAL NEW LISTINGS = 63TOTAL LISTINGS PENDING CONTRACT = 42TOTAL LISTINGS SOLD = 29            Single Family & Townhomes = 28            Condos = 1 TOTAL ACTIVE LISTINGS = 225            Single Family & Townhomes = 224            Condos = 1                        SOURCE:  METROPOLITAN REGIONAL INFORMATION SYSTEMS, INC. - MLS RESALE DATA (Information deemed reliable, but is not guaranteed.) FREE HOME SEARCH FOR LISTINGS DIRECT FROM MLS:  http://www.isellmdhomes.com/
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By Melissa Miller
(RE/MAX Signature)
Middle River activity.Currently there are 108 properties for sale between 150K and 300K.12 expired listing with in the last six months. (That’s good. What’s listed is selling.)86 sold in the last six months between 150K and 300K.35 currently under contract.Melissa Miller443-935-9966www.baltimorehomesmd.com RE/MAX Signature   
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By Melissa Miller
(RE/MAX Signature)
I had First Horizon at my office today to give us little presentation on the CDA loan programs.. There is a lot out there for first time homebuyers. I was even surprised to learn that a 585 credit score was the minimum credit score allowed for most of these loan products. I have more info on my site about it.  Melissa Miller443-935-9966www.baltimorehomesmd.com Re/MAX Signature 
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By Renee Guerrassio
(Aggressive Solutions LLC)
June 1st - June 30th, 2007Hawthorne homes sales continue to climb!  To date there are a total of 15 homes ACTIVE on the market ranging in price from $155,000 to $199,500.  For the month of June there were a total of 2 sales ranging from $154,900 to $184,900.  The average days on the market for Hawthorne currently are at 54 days. 
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By Phillip Cross, ePRO Realtor - Relocation Spec
(TBD - In transition...)
(Tuesday, May 1st - Thursday, May 31st) Here's the month in review for Real Estate Activity for Middle River, Maryland (21220) Homes For Sale  There were 74 new listings placed on the market. List prices range from $25,000 to $1,299,900. Of these properties 47 are currently active, 11 are under contract and 6 have SOLD. 47 are single family detached homes, 22 are Townhomes, 3 are Mobile Homes and 2 are Condos. There are a total of 219 listings that are currently ACTIVE. Of these 139 are Single Family Detached homes, 71 are Townhomes, 7 are Mobile Homes, and 2 are Condos. Homes Sold  There were 35 homes sold. There were 17 single family detached homes, 17 Townhomes, and 1 Mobile Home. Average Sales Price was $257,5412 Average Days on Market was 69 If you are considering making a move, I ...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Middle River is in a small slump in housing prices but it's really not as bad as it looks if you look closely.  2006 Sales:94 Units soldAverage List price: $275,769Average Close Price: $268,163 or 97.2% of listMin Sold Price: $67,500 Max Sold Price: $1,925,0002007 Sales:89 Units soldAverage List price: $223,776Average Close Price: $219,339 or 98.0% of listMin Sold Price: $16,000 Max Sold Price: $950,000The total units sold were only down by 5 units (5.3%) for the quarter. The average list and sold price seems like it has dropped an average of about $50,000-but in 2006 there were 3 properties that sold in excess of $1.5 Million which skewed the numbers higher overall. Removing the 3 high end sales brings the numbers more in line with 2007 average figures. 2006 Revised: 91 units sold-Avg ...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Things are looking up in Middle River Maryland 21220 in the housing market for 2007!January 2007 figures:Active Listings:145  SOLD: 27  Months of Inventory: 5.37 Average Days on Market: 71Median SOLD Price of $176,000 (90.4% of list price) which is -8.09% from Jan 2006February 2007 figures:Active Listings:138  SOLD: 27  Months of Inventory: 5.11 Average Days on Market: 80Median SOLD Price of $199,900 (94.3% of list price) which is +17.6% from Feb 2006Things are moving in the right direction! Higher sale prices, Contracts closer to list price and inventory on market reducing!For any Real Estate information or questions on buying or selling a home in Middle River, Maryland 21220 contact:Stephen Luckett-Fairfax Realty Selling Maryland 1 house at a time!
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
I was sitting on the computer tonight checking my email and some of the latest blog posts. Along the way I ran across several news articles that discussed how much the market has changed and how BAD the Real Estate Market is. As a Realtor, I watch the local markets very close. Working Eastern Baltimore County, Middle River is one of the local markets I keep an eye on. Middle River, like the rest of the State, has a record amount of inventory on the market, but Middle River is still showing STRONG sales! Every story that I have read talks about how we are in a strong BUYER'S MARKET-a buyer's market to me means that there is currently OVER 6 months inventory listed. In checking the numbers from the Metro Regional Information Systems (MRIS) for Middle River: January 2007 statistics-27 Unit...
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