As we are patiently waiting for July 2022 sales statistics for homes in the Fort Meade real estate market, we wanted to share an interesting graphic with you!

We are ALL feeling a slow down and there are measurable stats to support it. However, let's keep in mind that we …

Well here we are getting excited at .9 months worth of inventory in Anne Arundel County real estate. But when we've been sitting on a completely empty tank for so long this is really good news!

A healthy, balanced market will have about 3 months worth of supply. So, …

Anne Arundel County Real Estate News - October 2021 Real Estate Update:

The County saw a 20% decrease in listing inventory which created a chain reaction decline in under contract properties which were down almost 17% compared to last year. If we'd had more homes, they would have been absorbed …

Anne Arundel county real estate activity is slowing from a crazy 18 month ride post COVID. There was a 4% increase in available inventory this month as compared to the same period in 2020 and pending sales dropped 13%.

This doesn't mean we're expecting a crash or even a big …

We're seeing a solid (much needed) leveling off in the Anne Arundel county real estate market. New inventory was up a tiny bit (3%) over the same period in 2020 but overall inventory was still down 21% with pending sales down almost 8%.  

The hottest properties are still receiving multiple …

We're finally starting to see what we've been "feeling" in the market for a couple of months now. Inventory is climbing and demand is dropping. Newly listed properties climbed almost 16% over the same period in 2020, while under contract properties dropped by almost 10%.

At first, I thought …

Anne Arundel County real estate remains in a solid seller's market with an overall decrease in active listings of 27% compared to May 2020.  

New pending sales saw a 15% increase while the sold dollar volume was up almost 80% with a 17% increase in the average sold price.

Mortgage …

If you are following the Fort Meade real estate market you'll want to zoom in on Anne Arundel county, nearest the base to get a feel for market conditions. This month saw a record 65% increase in the total sold dollar volume as compared to the same period in 2020. …

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 …

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 …