With the average price of a modest home or townhome for rent near Fort Meade hovering in the $2,200 range, many renters are turning to homeownership to bridge the gap.  And rightly so.  Our area is unique in that it generally isn't subject to the high and low market swings due to our proximity to both Washington DC, Baltimore MD and Fort Meade which houses the National Security Agency and hosts dozens of government subcontractors off base as well.

So, what would that same $2,200 get you for a mortgage payment?  Check out this list of 187 Fort Meade homes for sale under $400,000.

While buying a home is a big commitment, it also has huge investment potential and is the best way to grow wealth and provide immediate tax savings.  If you're torn between renting a home near Fort Meade or investing in your own home, The Roskelly Team at Berkshire Hathaway can help!  Give us a call at (410) 721-6694 and ask us about down payment and closing cost assistance programs that can make the initial investment in owning a home less than the security deposit and first month's rent on a rental home.  We would love to help you find your perfect place!

The Odenton real estate market continues to lean heavily towards sellers even with an increase in inventory over last year.  Of the 125 homes that came on the market this month, over 70% of that inventory was absorbed within days of hitting the market leaving us with a total of 79 active listings which represents a 25% decrease over the same period in 2020.

The median sold price is up 23% and days on market is down just slightly over 2020 with an average of 25 days. 

If you are considering a home purchase in Odenton, click here to view the latest list of homes for sale in this community close to Fort Meade.  Or, if you're thinking of selling your Odenton home, visit us on-line to learn more about our marketing plan or to request a free, no-obligation market value analysis for your Odenton home.  The Roskelly Team at Berkshire Hathaway would love to help you buy sell or rent a home in Odenton!

The month of March saw 31 new home sale listings come through Piney Orchard which represents a 55% increase in listed properties when compared to the same period in 2020.  However, new pending sales were up 85% so the majority of the inventory was absorbed almost as quickly as it came up.

The total sold dollar volume was up 17% while the median sales price is up almost 8% and days on market stayed level with 2020 figures.

Piney Orchard real estate is going to be in high demand for the foreseeable future as the community amenities and great commuting location to Fort Meade keep this neighborhood  at the top of our clients request list.

If you're in the market to purchase a home in Piney Orchard visit us on-line to view all homes for sale in the popular Odenton community.  Thinking of selling your Piney Orchard home?  We do that as well.  Check out our listing information or request a free market value analysis and consider it sold!

The Severn real estate market saw 50 new homes for sale listed in the month of March which represents a 25% decrease compared to the same period in 2020.  The active listings left at the end of the month were down 89% and as a result overall sales were down almost 20% - the inventory just wasn't there to meet buyer demand.

The median sold price was up right around 3% and the average days on market fell 81% as buyers scrambled to secure the limited inventory available.

Due to it's proximity to Fort Meade MD and NSA, the Severn real estate market remains one of the strongest in our area.  

If you're thinking of buying a home in Severn MD visit us on-line to view all homes for sale.

Thinking of listing your Severn MD home for sale?  The Roskelly Team at Berkshire Hathaway HomeServices would love to put our 20+ years of experience to work for you today to earn you top dollar on your home sale.  Learn more about our marketing plan or request a free market value analysis for your Severn home.

Fort Meade MD area real estate is always in high demand especially cities like Odenton that are closest to the base.  And, we're lucky to be almost recession proof by offering an easy commute to not only the base (our areas largest employer), but Washington DC and Baltimore as well.  This means that we escape some of the lowest lows of the real estate market and in the past 20 years prices have only dropped in a meaningful way once.  Those that did drop have now recovered and then some.  In fact, the Odenton real estate market remains especially robust thanks to the easy commuting options including the MARC station.

This month we saw a some dramatic changes over the same period in 2020 including a 31% decrease in homes actively listed for sale and a 55% increase in new pending sales.  So we have a huge back up of buyers waiting for the right home or, in some cases any home, to come on the market.  If you're a homeowner in Odenton it's a great time to assess if your home is perfect for you. If it's time to upsize or downsize you can really capitalize on the hottest market we've had in 20 years.  
The average days on market dropped this month from 34 last year to 24 while our Odenton listings this month sold over asking price in 4 days or less with multiple offers including buyers who are offering to pay cash over the appraised value.  

These statistics represent all home sales in Odenton. If you'd like more specific information for your home or neighborhood just give us a call at (410) 721-6694 or email Laura@TheRoskellyTeam.com.  You can also do your own market research with us right on-line to check recent neighborhood sales and you have the option to receive monthly updates. 

The Roskelly Team is so happy to help with any of your real estate needs and we would love to put our 20+ years of experience to work for you to get your home sold for top dollar in just a few days on market.

The Severn real estate market remains strongly slanted towards sellers this month with a 79% decrease in active listings over the same period in 2020.  As a result of low inventory, newly under contract homes were down 27% while the average sold price is up almost 35%.  Average days on market is also down substantially noted at 28 days.  However, what we're seeing is that most homes will sell with multiple offers within 5 days on the market.  

The demand for homes and decrease in inventory is bring out buyers with ample cash to offer optimal terms to sellers including paying cash over appraised value.  Closing costs are rarely seen anymore as conventional buyers are ruling the market.  

If you are a Severn homeowner and have been considering a move, this is a good time to capitalize on market conditions.  Whether you are upsizing or downsizing it is very likely that your home will sell at or above current value in a matter of days.

The Roskelly Team at Berkshire Hathaway HomeServices specializes in homes for sale in Severn MD seller and buyer representation.  Visit us on-line at www.FortMeadeHomes.com or give us a call at (410) 721-6694 today to buy, sell or rent a home in Severn MD. EHO

Real estate inventory in Prince George's county was down over 50% this month as compared to the same period last year with available homes being gobbled up as soon as they are placed on the market.  This is driving multiple offers and increasing sales prices with a 6% overall increase in value as compared to February 2020.  

We are seeing well prepared and priced homes selling in days with multiple offers.  Capturing the top offers still requires preparation and proper pricing.  We can help with that.  If you're thinking of selling, call (410) 721-6694 or visit us on-line at www.FortMeadeHomes.com for free market value analysis.

The focus of the Anne Arundel County real estate market remains inventory and the lack of homes to meet buyer demand.  Inventory is down over 60% as compared to the same period last year and what does become available is being absorbed within days.  We continue to have less than a one month supply of homes leaving us in a strong sellers market.IIf you're thinking of selling your Anne Arundel County home, The Roskelly Team at Berkshire Hathaway would love to put our 20+ years of experience to work for you to maximize showings and ensure that you receive the best possible price and contract terms for today's market.  Call (410) 721-6694 or visit us on-line at FortMeadeHomes.com for a free market value analysis.

We continue to experience critically low inventory in Piney Orchard.  Homes are selling quickly and for top dollar as this amenity rich neighborhood remains a top choice for Fort Meade area homebuyers.  If you've been thinking of making a move to or from Piney Orchard, let The Roskelly Team at Berkshire Hathaway guide you through!

Visit us on-line to view all homes for sale and rent in Piney Orchard or get information on listing your Piney Orchard home for sale.

Those inventory gauges are the best indicator of the Fort Meade real estate market right now.  There just isn't enough inventory to meet buyer demand!

If you're thinking of buying or selling a home near Fort Meade or in Odenton MD, The Roskelly Team at Berkshire Hathaway HomeServices would love to be of assistance!  Call (410) 721-6694 or visit us on-line.