August 2015 - South River Landing Summer Wrap-Up

August saw a positive moment when a property went under contract with less than 158 days on the market. Otherwise, there were no new entries to the market, price re-positionings or exits from the market. The average days on the market for community actives is just under one year at 340 days.

Here's a quick overview:

Active properties:

• 150 South River Landing Road still active at $759,900.
• 340 South River Landing Road waterfront remains steady at $930,000.
• 420 South River Landing Road at $750,000 and also for rent at $3,900/month.
• 630 South River Landing Road waterfront at $1,875,000.
• 700 South River Landing Road waterfront remains at $1,799,000
• 810 South River Landing Road waterfront is still at $1,699,000
• 1150 South River Landing Road is the distressed property being offered as a potential short sale listing at $630,000 (see prior posts for back-history.)

Under Contract

• 1110 South River Landing Road went under contract on August 23rd while listed at $699,000.

Click on the "All Properties for Sale" tab to see all the properties in the community for sale and pending under contract.

That's the wrap for this month's community market report. Give me a call at (443) 837-5645 if you have questions regarding the market or would like a free Market Analysis of your home.