Maryland and Virginia real estate network for home buyers

Anne Arundel County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Anne Arundel County in March 2007 was $395,037

Baltimore City, Maryland Real Estate SOLD prices
The average SOLD price for homes in Baltimore City in March 2007 was $178,019

Baltimore County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Baltimore County in March 2007 was $297,252

Calvert County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Calvert County in March 2007 was $390,941

Carroll County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Carroll County in March 2007 was $395,635

Charles County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Charles County in March 2007 was $349,627

Frederick County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Frederick County in March 2007 was $340,773

Harford County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Harford County in March 2007 was $296,432

Howard County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Howard County in March 2007 was $444,801

Montgomery County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Montgomery County in March 2007 was $520,684

Prince George’s County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Prince George’s County in March 2007 was $333,518

St. Mary’s County, Maryland Real Estate SOLD prices
The average SOLD price for homes in St. Mary’s County in March 2007 was $350,559

Washington County, Maryland Real Estate SOLD prices
The average SOLD price for homes in Washington County in March 2007 was $251,531

NEW HOMES IN ROUND HILL VIRGINIA - PRE-CONSTRUCTION MEANS GOOD PRICES

The secret to a good price for new homes is - buy pre-construction - buy from floor plans and buy-before the builder gets a model open.

I love to drive up to a new construction site and see a sale trailer.  I know that the prices are going to be the best that they will probably ever be for that community.  Today I visited a new community in Round Hill, Virginia and found homes for sale that are approximately 15% below anything else in the market for the same square feet.  I’ve got to get a buyer in there before the price goes up.  While I am working with a buyer for the area, he doesn’t really want to go to the price of these homes, starting at $600,000.  BUT, the same style homewith the same square feet, lot size, style and amenities are selling for $750,000 and up. 

NEW HOMES WITH STYLE AND PRICED RIGHT
About 3433 square feet
Two Story Foyer
Two Story Family Room
4 Bedrooms
2 1/2 Baths
2 Car Garage
Study
Center Island Kitchen
Full Basement
1 acre + lots

Contact Lenn Harley for a tour of these special homes and save. 

Homefinders.com is working with a new Loudoun County home buyer who is looking for new construction to settle some time in 2008.  Normally, buyers would want to settle as quickly as the builder can complete the house.  From time to time we have buyers who need to sell their existing home before the new one is finished and they need from 3-6 months to get the house on the market.  Once their existing home is listed and showings start, we can guage the buyer interest by the number of buyers and agents previewing. 

However, we do have folks who may moving the following for various reason, usually end of a school term and they try to push settlement back.  At the same time, they want to buy now to benefit from today’s prices which are attractive.  New home prices have started to rise again.  This could be a reflection of increased sales.  Or, it could be that the builders are experiencing the normal Spring Maryland and Virginia real estate buying season. 

I’ll report back tomorrow on homes previewed in the $475,000 to $600,000 price range in Loudoun County.  As of now, I have 14 homes to show the buyer.  Wish us luck.  Builders need sales, no question about that.  But, they always want to settle as quickly as possible.  Our goal is quite different.   But, it will be an adventure.  New construction in Loudoun County is lovely, especially if you can find a home in your price range with a view of the Catoctin Mountain Range to the North or the Blue Ridge to the West depending on where in Loudoun County the house is located. 

Example of new home in Loudoun County in the $600,000 price range.

Following the caller traffic this week has produced an interesting pattern.  Since Homefinders.com covers the Maryland and Northern Virginia market completely, caller and e-mail traffic is a good guage of where buyers are looking and buying. The number 1 location for contracts in this area for the first 22 days in April is King George County, Virginia.  The buyers all purchased new inventory single family homes. 

King George is a well priced area and with the build up in military and Homeland Security activity in these areas, attractive locations for Dahlgren.  One of the buyers works in Charles County, Maryland and will live in King George, across the Potomac River.  These homes sell in the $300,000 price range.  We have a lot of activity for Stafford County, but no sales for this month.

Other activity is in Frederick County, Maryland.  Most callers are looking in the $200,000-$300,000 price range for town homes.  Other active areas are Baltimore City in lower price ranges and Baltimore County in the $250,000 price range.

Stay tuned and I’ll report on activity at the end of the money.  There are some very good buys on new homes in the under $400,000 price range.  So far, no contracts.

Homes for sale in Montgomery County April 21, 2007
Detached Single Family Homes

Bethesda - Average price $1600,000 - 182 homes for sale in Bethesda
Damascus - Average price $628,000 - 55 homes for sale in Damascus
Gaithersburg - Average price $651,000 - 286 homes for sale in Gaithersburg
Germantown - Average price $622,000 - 129 homes for sale in Germantown
Olney - Average price $$627,000 - 57 homes for sale in Olney
Potomac - Average price $1,800,000 - 215 homes for sale in Potomac
Rockville - Average price $622,000 - 311 homes for sale in Rockville
Silver Spring - Average price $584,000 - 718 homes for sale in Silver Spring

Real estate sales in Maryland and Northern Virginia for all homes sold, single family, town homes and condo homes experienced a slight increase inbuyer traffic in March 2007. Single family homes in the counties of Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s, St. Mary’s had an approximate 100 % increase in SOLD listings for the month of March. 3803 homes sold in these counties with an average list price of $401,849.

VIRGINIA REAL ESTATE NEWS
Sales of Single Family homes in Northern Virginia increased approximately 110% in March over February, with homes selling close to list price in Fairfax, Prince William, Stafford, Loudoun, Arlington, Alexandria and King George County. King George was particularly active with new home sales which are quite well priced compared to other areas in the Northern Virginia homes market. 2017 homes sold in these Northern Virginia counties with an average list price of $529,810.