As Fort Meade MD real estate specialists, we often get requests for properties close to the base. I was scrolling through Anne Arundel County real estate inventory and doing a specific search for a client who would like a single-family home, within 15 minutes of Fort Meade, priced under $600,000 in the cities of Odenton, Crofton, Severn, or Gambrills. I was shocked to see only 13 properties available with 4 homes marked as ‘coming soon’. I don’t think I’ve ever seen inventory this low in over 20 years in the local market. Inventory is locked up as folks are hanging on to their low interest rates and just not making a move. We’re really relying on relocation sellers rather than lateral or move up sellers to keep this market afloat.
Of these homes, 9 have been for sale for close to 30 days or higher. In this market that means condition is not matching pricing and realistically, we can remove those from the inventory as options for this client. Of the total inventory, 11 of these might be a fit for my client.
Historically, we've had more homes come on the market than usual, but they are getting snapped up within days. There are 16 homes under contract in these same areas, illustrating the demand is more than keeping pace with the inventory. Buyers are back and aggressively house-hunting and offers are getting super competitive.
We’re getting creative to find areas that may be just a bit further from the base but offer the same features at a lower price with an added commute. Navigating this market requires an experienced pro to help you write a winning offer once you find 'the one'.
If you’re thinking of selling your Anne Arundel county home, we’d love to talk with you! Even in a seller’s market, you need great preparation and presentation to maximize your profit and the Roskelly Team is expert at getting you there with free home staging, professional photography, floor plans (Fort Meade relocation buyers LOVE floorplans!), and a marketing plan that leans heavily on the Internet to make sure your home is exposed to the largest audience of homebuyers possible. EHO
