There are six properties for sale in the community and two of those are also offered rent. The average days on the market for the community is more than 180 days -- six months -- which indicates an unbalanced market. Pair this data with the past year's statistics and the community has at least 3 years of inventory if no other property comes to market AND if current properties are listed at realistic price points to sell.
Here's what's happened in November:
Active properties:
That's the wrap for this month's community market report. Remember that if you have questions regarding the market or would like a free Market Analysis, give me a call at (443) 837-5645.
Active properties:
- 340 South River Landing Road waterfront still remains active for $998,000 at 114 days.
- 420 South River Landing Road still remains active at $800,000 at 271 days.
- 420 South River Landing Road is still offering the home for rent at $3,800, including the 30-ft boat slip, at 101 days.
- 630 South River Landing Road is still active at $1,975,000 going on 520 days.
- 650 South River Landing Road hit the market this month at $874,500 at 58 days.
- 650 South River Landing Road also is up for rent at $3,850 at 44 days.
- 810 South River Landing Road is still active at $1,850,000 at 136 days.
- 1160 South River Landing Road had a price adjustment to $1,195,000 and going on 200 days.
Status Changes:
- 150 South River Landing Road withdrew from the market after 157 days at $759,900.
- 820 South River Landing Road withdrew after reduction to $1,795,000 at 113 days.
- 1150 South River Landing Road, offered for sale at $550,000 as a short sale, is under contract again with a pending close date of January 14, 2015.
