The Roskelly Team specializes in homes for sale and seller representation in the Piney Orchard community of Odenton. We follow this market closely and love to bring you the latest real estate news and market stats on a regular basis.
We're checking in today with a Piney Orchard real estate market report. You can click the link to view the full report, or we'll give you the highlights here.
There are currently 7 homes for sale in Piney Orchard including 2 townhomes and 5 condominiums. There are no single family homes for sale in the community at this time.
There are 9 houses under contract including 4 townhomes and 5 condominiums. And there are 9 recently sold homes. Once again, there is not enough inventory to satisfy the demand and home prices continue to rise with one townhome sale topping out at $489,000 this month. That same house would have sold in the $400,000 range just 5 years ago, illustrating the investment power of this popular Odenton community. That's a lot of equity if you invested in this community and those increases outpace Anne Arundel county as a whole.
The community is also a top choice with homebuyers and renters checking in to Fort Meade for military or civilian work. Fort Meade is the largest employer in our area and an important factor in the demand for homes here.
If you're thinking about selling your Piney Orchard home, The Roskelly Team would love to go to work for you to get you the best possible price and contract terms on your home sale. Need a rent back, delayed settlement, specific settlement date? No problem. We are true negotiators and we thrive on exceeding your expectations! EHO