Welcome to our Maryland real estate blog where you'll find up-to-date real estate market values, just listed homes for sale, properties for rent, and the latest mortgage and real estate news for the Fort Meade MD area.
Thinking of buying, selling or renting a home in Severn MD near Fort Meade in 2017? Keep your finger on the pulse of the Severn real estate market with our monthly market updates. We can also provide this information specific to your neighborhood so don't hesitate to contact us at Info@fortmeadehomes.com.
Located in the Broadneck school district, this beautiful custom built Koch home
is situated on a 1.31 acre cul de sac lot backing to woods in Arnold Village,
an exclusive enclave of just 18 homes in Arnold MD. Just minutes from
Anne Arundel Community College, the Naval Academy and downtown Annapolis,
this home offers over 3,000 finished s.f. of living area with additional room
in the basement for storage, a workshop or additional living area.
The two-story foyer welcomes you to the main level featuring hardwood flooring,
a bedroom or office with en suite bath, spacious formal living and dining rooms
with crown molding, a beautifully remodeled kitchen with maple cabinetry and
granite countertops, upgraded appliances including a KitchenAid microwave oven
combo w/convection, and a Wolf electric cooktop with pop up down draft, a
sunny breakfast room , a spacious laundry room and a family room with gas
fireplace and French door entry to the three-season screened porch with
cathedral ceilings and stunning “treehouse” views. 
The upper levels features a 19’ x 13’ master bedroom offers a huge walk-in closet,
storage space and a spa-like remodeled bath with heated flooring, over-sized shower
and separate his and her vanities. You’ll also find generously sized third and fourth
bedrooms with a shared hall bath. 
The 1,373 s.f. walk-out basement is finished with a large recreation room and
two generously sized living areas and includes a large unfinished area that is
perfect for storage or could be finished as additional living space. 
The back yard offers amazing views of wooded conservation area and privacy
from your screened in porch, house width deck (all built with maintenance free
composite decking), and private patio. The front yard is beautifully landscaped
and hardscaped with stamped concrete porch and sidewalk.
Recent updated and upgrades:
Availability negotiable with Spring/Summer 2017 preferred.
View a full floor plan tour at www.1405Stockton.com.
Thinking of listing your Arnold MD home for sale or rent? Contact The Roskelly Team
for a complimentary market analysis.
Thinking of buying or selling a home in Severn MD? Let The Roskelly Team - Fort Meade area Real Estate help you keep your finger on the pulse of the real estate market.
December held steady with only a slight dip in sales volume. While we normally experience a pretty substantial slow down in December, we stayed steady all through the Holiday season. It looks like we had a huge increase in days on market comparing to November but we actually saw some absorption of properties that had been on the market a while so that's a bit of a false indication in the stats.
Here's an overall snapshot of sales activity:
| Statistic | Dec | YoY | MoM |
|---|---|---|---|
| Total Sold Dollar Volume | 14,893,789 | 17.5% | 2.2% |
| Closed Sales | 43 | 2.3% | 4.9% |
| Median Sold Price | $320,000 | 2.9% | 5.9% |
| Average Sold Price | $346,367 | 20.2% | 2.5% |
| Median Days on Market | 67 days | 13.6% | 148.2% |
| Average Days on Market | 97 days | 16.9% | 61.7% |
| Median Price per Sq Foot | $180 | 5.9% | 3.2% |
| Average Price per Sq Foot | $181 | 9.7% | 1.1% |
But if we break that down a little further using a 5 year average, we get a clearer picture of what's going on. Closed sales were up almost 30%. Active listings are down almost 16% meaning buyers have fewer choices and sellers may be in a better bargaining position.
But most important is the overall picture of our inventory. We have less than a 3 month supply of homes for sale in Severn and that also is an indication that we are in a seller's market.
Have questions? Need information on buying a home or selling a home in or around Severn MD? Contact us today for a free and confidential interview to see if we the right agents to represent you in Severn!
November 2016 was a record breaker for real estate sales in Crofton. That is
great news for Crofton home owners who may be thinking of listing their homes
for sale in 2017. I can't recall another Fall that was quite as busy as this one
since 2005!
Here are a few quick snapshots along with my thoughts.
Closed Sales were up 75% over the past 5 year average with 51 homes sold
in the month of November. New pending sales (under contract homes) are up as
well, but the biggest indicator of our HOT market is the months of supply.
We generally consider 3 months of supply a "healthy" market. We now have
less than 2 months of inventory. Supply and demand dictate that prices
will rise as we have more buyers vying for the same small inventory of homes.
The total volume of real estate sold in Crofton MD in November was $14,853,950.
That's up 57% over the same period last year. We are looking forward to 2017 to
see if the market continues to climb.
| Statistic | Nov | YoY | MoM |
|---|---|---|---|
| Total Sold Dollar Volume | 14,853,950 | 57.3% | 23.1% |
| Closed Sales | 51 | 75.9% | 30.8% |
| Median Sold Price | $259,900 | 17.5% | 5.5% |
| Average Sold Price | $291,254 | 10.5% | 5.9% |
| Median Days on Market | 48 days | 9.4% | 33.3% |
| Average Days on Market | 60 days | 7.7% | 33.3% |
| Median Price per Sq Foot | $187 | 4.5% | 3.6% |
| Average Price per Sq Foot | $185 | 1.7% | 8.4% |
If you have been waiting for the Spring market to hit before listing your Crofton
home for sale, you might want to reconsider. The market in Crofton is hot right
now and inventory is at an all time low.
The Roskelly Team specializes in Crofton real estate. We live, work and play
in Crofton. If you would like a complimentary market value analysis, whether
you are selling your home or just curious about your homes' value, give us
a call at 410-721-6694 or visit us on-line at www.FortMeadeHomes.com anytime.
We'd love to go to work for you
This 3 level end unit brick townhome is available for rent in the Crofton
Square of Crofton offering an easy commute to Fort Meade, Annapolis,
Washington or Baltimore.
3 bedrooms 2.5 baths
$1,900 per month
The main level features a spacious living room, kitchen, dining room
and powder room.
The upper level offers 3 bedrooms including a master suite with
private bath.
The finished basement includes a family room, laundry room
and storage area.
You can view additional photos and information on-line at http://www.fortmeadehomes.com/property/AA9832218/ or give us a call for a private showing at (410) 721-6694.
This is a non-smoking home, pets are considered on a case by case basis with additional deposit.
This 3,020 s.f. 4 bedroom 3.5 bath home is available for rent in the
Seven Oaks community in Odenton just two minutes to Fort Meade.
This home features a main level with hardwood floors, a large living
room, gourmet kitchen and formal living and dining areas with
entry to the deck.
The upper level features three spacious bedrooms including a master
suite with vaulted ceilings, double door entry and luxury bath with
jetted soaking tub.
The 1,000 s.f. finished basement features a fourth bedroom, full bath and
two large living areas.
The Roskelly Team - Fort Meade Area Real Estate just listed this beautiful
home in the Rockview Beach subdivision of Pasadena MD.
This home features two large living areas, an updated kitchen with granite
countertops and stainless steel appliances and a separate dining room.
You'll also find a master suite with private bath and three additional
bedrooms with a second full bath on the main level.
View a complete virtual tour of this home at this link. If you'd like to
schedule a time to view this home or have questions about buying
or selling a home contact us today!
Introducing 512 Prince Charles Avenue Odenton MD
The Roskelly Team - Fort Meade Area Real Estate is proud to present this
amazing 1,900 s.f. rancher just 10 minutes to Fort Meade in the Kings Heights
subdivision in Odenton. Use your VA loan to purchase this home with a monthly
mortgage payment of just $1,748 per month.
Click on the floor plan below to view the full tour of this gorgeous home!
Inside you'll find a welcoming foyer that opens to the living room.
Continuing on you'll find a beautifully remodeled kitchen and separate
dining room.
The Master bedroom features an ensuite bath and there are two additional
bedrooms that share the second full bath.
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Two additional living areas including a family room with fireplace and
theater room.
The fenced back yard features a patio and mature landscaping.
You can view a full floor plan tour of this gorgeous Odenton Home For sale here.
If you're thinking of buying a home or listing your home for sale in Odenton MD, contact The Roskelly Team today. Your Fort Meade area real estate specialists since 1999.
Just Listed Home for Sale in the Whitehall Section of Bowie MD
This beautifully remodeled and expanded home is located in the Whitehall Section of Bowie 20715 and offers a 25 minute commute to Fort Meade and NSA.
If a home purchase in Prince George's county is in your future, you'll be happy to hear that the MyHome II program is now available for real estate purchased in the following zip codes.
20710 - Bladensburg
20722 - Brentwood
20722 - Brentwood, Colmar Manor and Cottage City
20746 - Camp Springs, Morningside and Hillcrest Heights
20743 - Capitol Heights
20747 - District Heights and Forestville
20744 - Fort Washington
20784 - Hyattsville, Cheverly, Landover and New Carrollton
20785 - Hyattsville, Cheverly, Landover and Englewood
20706 - Lanham
20745 - Oxon Hill
20737 - Riverdale
20748 - Temple Hills, Camp Springs, Hillcrest Heights and Marlow Heights
20774 - Upper Marlboro, Kettering, Largo and Springdale
The MyHome II program is designed to ease your path to home ownership with no minimum credit score and up to $20,000 in closing cost and down-payment assistance. To use this program you must:
Can I use this program to buy a short sale or foreclosure?
When looking for homes you'll want to give special consideration to purchasing a short sale or foreclosure as they may need repairs the bank won't pay for. And the program will not cover those expenses. There are still ways around this but you'll need a savvy real estate agent to assist you!
Do I need a down-payment?
You will need to have some cash to purchase your home. While traditional down-payments range from 3.5% to 20%. With this program the buyer must contribute only 1.75% of the purchase price or 50% of your liquid assets (whichever is greater).
Can I receive cash back at settlement?
Like most other mortgage programs you are not allowed to get cash back at settlement. The program pays your actual costs only.
Do I have to pay the money back?
Yes, you do have to pay back the program the full amount borrowed if you transfer or sell the property. The funds are secured against the property similar to a second mortgage.
Do I have to occupy the property?
Yes, you must occupy the home for a minimum of three years. This program is not intended for investors.
Are there any special requirements for my contract?
Yes, you'll be required to have a housing quality standards inspection which is separate from your home inspection. Your agent will want to make provisions for that in the contract and be ready to answer questions about that inspection and the program.
Are there price limits on what homes I can purchase?
Yes, if your household income is below 80% of the median income limit (see chart below) the maximum purchase price is $313,000. For households whose income is above 80% of the median income there is no maximum purchase price.
Are there income limits for the program?
Yes, your household income cannot exceed 120% of the median income limits listed below.
Household Median
Size Income
1 person $91,320
2 people $104,280
3 People $117,360
4 people $130,320
5 people $140,760
6 people $151,200
7 people $161,400
8 people $172,080
Need more information on this program? Give us a call at 410-721-6694 and we will connect you with a trusted lender and get you out to see some homes.
Can't wait? You can start your search for a new home here with our exclusive link to just the areas offered in the program. Homes shown in this search should qualify for this program based on income qualifications above.
The Roskelly Team at www.FortMeadeHomes.com would love to earn your business and represent you on all of your real estate transactions to purchase a home or sell a home.
