Fort Meade Area Real Estate Update – Post Coronavirus


On March 13^th the governor of Maryland ordered the closing of all schools sending a strong signal of the seriousness of the Coronavirus. 

On March 14^th the Department of Defense issued a stop movement order that impacted most military and DOD moves through May 11^th 2020 and simultaneously banned domestic travel in an effort to halt the progression of the virus and protect our troops and contractors.

On March 23^rd  all non-essential businesses in Maryland were ordered closed.

And as I wrote this on March 30th , Governor Hogan just issued a "Stay at home order". 

These are unprecedented steps and no one really knows for sure the impact they will have on the local real estate industry.  Our job is to give you the best information we have as it develops.  If you haven't already done so, be sure to "like" us on Facebook for video updates!

Fort Meade, MD is the largest employer in our area and therefore an integral part of the home buying and selling population so we are sure to see immediate effects, right?  Well, not so fast…

Using Crofton, MD as a microcosm for the area overall and use the period 3/14/2020 forward it appears sales are remaining steady with some properties even receiving multiple offers.

There are currently 77 properties in the MLS for Crofton.  Of those, the status is shown below.

07          Coming Soon
12          Actively for sale
31          Active Under Contract & Under Contract dated after 3/14/2020
04          Temporarily off the market
06          Expired/Withdrawn
17          Closed/Settled

I actually had to adjust these numbers as I wrote this as another property went under contract!

The bottom line is, there are safe ways to sell or buy a property right now.  The Roskelly Team is following all CDC guidelines to ensure your safety and buyers are still out buying homes.  We have adequate supplies of disinfectant, wipes, gloves (for now) and are reading and conferring with as many sources as possible to make sure that we are doing that as safely as possible. 

If you’re thinking of buying or selling a home in the near future, let’s talk about how that can be done safely in our strange new world!

Newly listed homes for sale in Odenton jumped 33% over the same period last year to 69 while the total available inventory of 103 homes represented a 14% decrease overall.  82 of the total inventory were absorbed by the end of the month leaving the total sold dollar volume up 14%.  The average sold price was up 18% and days on market were down by almost 50%.

The Roskelly Team at RE/MAX Leading Edge specializes in homes for sale in Odenton MD.  Whether you are interested in buying, selling or renting a home in Odenton MD we'd love to help you find your perfect place!  Visit our Odenton MD real estate page today.

Making a move to Fort Meade MD or NSA?  If you're considering renting a home we have some important updates on the rental market.  Inventory started decreasing when the mold issues in base housing started being reported as many families moved off base.


It's taken a while, but the rental housing inventory is finally starting to rebound.  However, we are still seeing multiple applications on properties closest to the base.  And there just aren't enough homes to satisfy the demand.  This is pushing some families who otherwise might have rented in to purchasing a home.  And that is putting a drain on the already low housing sale inventory.

Many clients are securing homes prior to a house hunting visit and are requesting video call tours which we are happy to accomodate!

To navigate this market, you'll want an experienced pro who really understands the market.  The Roskelly Team would love to put our 20+ years of experience to work for you.

Visit us on-line to view all homes for rent near Fort Meade, MD or all homes for sale near Fort Meade MD.  If you're not familiar with the area, check out our relocation page where you can search homes for sale and rent by commute time to Fort Meade, MD.

Rental locator services and buyer representation are absolutely free to you.  Call or visit us on-line today to reserve a team member for your move.  

Total sold dollar volume for homes in Piney Orchard was down almost 3% over the same period last year due to inventory shortage.  Buyer demand is still strong and and of the 11 homes that were newly listed for sale in Piney Orchard and the existing 10 listings (for a total of 21 homes) 19 were marked as pending before month's end.

Average days on market was down 67% compared to the previous year as well priced and prepared homes are selling quickly and for top dollar. 



If you're thinking of buying or selling a home in Piney Orchard this year, The Roskelly Team at RE/MAX Leading Edge would love to represent you. Visit us on-line at www.PineyOrchardHomes.com to start your search or request a free market value analysis.

The Crofton real estate market is on fire and Seller's are in a strong position for multiple offers.  Low inventory with the kind of demand we are experiencing is a recipe for price increases in our area. Total active listings were down 51% compared to the same period last year with 45 new listings coming on the market and 51 homes going under contract.  Just about everything coming up is being absorbed quickly and the total sold dollar volume is up 76% with the average sold price up 19%.

If you're thinking of making a move to or from Crofton MD, The Roskelly Team at RE/MAX Leading Edge would love to represent you.  Visit us on-line to search all homes for sale in Crofton MD or to request a no-obligation market value analysis for selling your home.  Or, give us a call at (410) 721-6694.

Going in to February, carried over active listings were down 43% over the same period in 2019 and new listed homes were down 8%.  The market absorbed 13% more of those listings with a total of 95 properties marked under contract this month.

The total sold dollar volume was up 45% and the average sold price remained stable.

If you're thinking of buying, selling, or renting a home in Severn MD, The Roskelly Team at RE/MAX Leading Edge would love to represent you.  Start your home search, or connect with us to list your home for sale at www.FortMeadeHomes.com/severn.

Just listed for sale by The Roskelly Team at RE/MAX Leading Edge.

Offered at $400,000, this beautiful 5 bedroom 2.5 bath home is located
in the Maple Ridge subdivision of Odenton just 15 minutes from Fort Meade MD
and 10 minutes to the Odenton MARC station and features almost 2,600 s.f.
of finished living area.

Inside, you'll find 4 finished levels including a main level with a spacious
living room, separate dining room with entry to the back yard, and an
updated kitchen with granite counter-tops and stainless steel appliances.
    
The upper level features 4 bedrooms and 2 full baths including a master
suite with private bath.
    

The finished basement features a family room with brick hearth, gas
fireplace, 5th bedroom or office and a half bath.
   
The lower level features a sound-proofed media room, laundry/storage
room and large crawl space storage. 


Outside, you'll find a carport with storage room, a large back yard
with an 8' privacy fence, brick paver patio, trampoline (conveys)
and charming tree house.  

Recent upgrades including a 1 year new HVAC system.

If you'd like to tour this home, call (410) 721-6694 or visit us on-line
at www.FortMeadeHomes.com.

The Piney Orchard real estate market is still hopping.

We're finally starting to see inventory rebound with 17 new listings coming on the market in January compared to just 7 last year.  However the total number of active listings are at 50% of what they were last February.  And, 17 of the 26 available homes have already been spoken for with pending contracts.

The sold dollar volume is up 111% and average days on market is down by almost 50%.  The average list price to sale price is up to 97.6% showing that home are selling very close to asking price.  Conventional financing rules the market with over half of total sales with VA following closely behind.  There were no FHA or cash sales this month.

If you're thinking of buying, selling or renting a home in Piney Orchard, The Roskelly Team at RE/MAX Leading Edge would love to put our 20 years of experience to work to represent you on your next real estate transaction.  Give us a call today at (410) 721-6694, or visit us on-line at www.PineyOrchardHomes.com to search all homes for sale in Piney Orchard Odenton MD.

59 new home listings hit the market in January 2020, down almost 5% compared to 2019 and 53 homes went under contract.  That's down just 2% from 2019.  There were a total of 92 active listings including those carried over from previous months and 75 pending properties which is down 19%, not so much from buyer demand but lack of inventory.  The total sold dollar volume almost doubled this month and days on market held pretty steady. The average sold price is up almost 14%, more good news for Odenton homeowners!

The Roskelly Team at RE/MAX Leading Edge specializes in homes for sale near Fort Meade including Odenton.  Visit us on-line to view all homes for sale and homes for rent in Odenton MD or contact us today for information on selling your Odenton home.  We'd love to go to work for you!

We've been talking a lot about inventory and the lack there of, particularly in the Crofton MD housing market.  The good news is, as of this morning there are several "coming soon" listings in Crofton including single family homes, town homes and condos.  So if you're on the look out for a property in Crofton, give us a call and we'll get you connected to see them as soon as they hit the market!

Active home listings in Crofton were down 54% compared to January 2019 with new listings down 18% and new pending sales following the line of inventory with a decrease of almost 11%.

Days on market was cut by almost 50% as the demand for homes remains steady and strong and the average original list price to sale price increased slightly.
Considering a move to or from Crofton MD?  Visit us on-line to view all homes for sale in Crofton MD or find out more about our marketing plan to sell your Crofton home.