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.
