FIRST QUARTER 2017
MARKET REPORT A Co m p r e h e ns ive A na l ysi s of the Re si d e n ti al Re al Estate M ar ke t in A nne A r un d e l an d Tal bot Coun ti e s, M ar yl an d
110 BELLEHAHN CT, SEVERNA PARK MD | $6,950,000
ANNE ARUNDEL COUNTY F I R S T QUA R T ER 2 017 | SI N G LE FA M I LY HOM E SA LE S ANNAPOLIS UNITS SOLD
Q1 2016
Q1 2017
%
228
237
4%
$457,774
$524,127
14%
83
74
-11%
Q1 2016
Q1 2017
%
74
55
-26%
$508,135
$526,566
4%
81
51
-37%
EDGEWATER
Q1 2016
Q1 2017
%
UNITS SOLD
72
76
6%
$378,386
$480,133
27%
99
65
-34%
GIBSON IS LAND SPOTLIGHT
Q1 2016
Q1 2017
%
19
13
-32%
$505,151
$617,115
22%
97
95
-2%
Q1 2016
Q1 2017
%
A private island within one hour of Washington & Baltimore. Gibson Island is an enchanting, two by three mile, gated, private Island accessed by a man-made causeway from the western shore of the Chesapeake Bay. With no Bay Bridge to cross, Washington, Baltimore and Annapolis are only an hour or less away, and BWI and the train station are less than 25 minutes away. Water, wildlife and woodlands create an extraordinary setting for an outstanding selection of homes on and off the water. With 200 private homes on about one third of the land, the remaining two thirds of land is owned by the residents and is used for recreation, forestry and open spaces. There are miles of roadways for bicycling and jogging and residents can enjoy kayaking, canoeing, fishing, windsurfing, paddle boarding, power boating and sailing.
AVG SOLD PRICE AVG DAYS ON MARKET SEVERNA PARK UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET
AVG SOLD PRICE AVG DAYS ON MARKET DAVIDSONVILLE UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET CROWNSVILLE UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET
22
35
59%
$531,599
$445,720
-16%
109
98
-10%
636 Stillwater Road, Gibson Island | Listed for $3,297,000
1902 Carrollton Rd, Annapolis MD | Listed for $3,395,000 Source: MRIS, 1/1/2017-3/31/2017. Total Sold Dollar Volume source: RBI, 4/2016; 4/2017. | Data deemed reliable, but not guaranteed.
TA L B O T C O U N T Y F IR S T QUA R T E R 2 017 | SI N G LE FA M I LY HOM E SA LE S EASTON UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET
Q1 2016
Q1 2017
%
SAINT MICHAELS
85
87
2%
UNITS SOLD
349,532
385,368
10%
AVG SOLD PRICE
127
87
-31%
AVG DAYS ON MARKET
Q1 2016
Q1 2017
%
11
9
-18%
594,000
780,111
31%
171
69
-60%
317 Hemsley Dr, Queenstown MD | Listed for $560,000
17 Harwood Dr, Harwood MD | Listed for $999,000
39 1/2 Maryland Ave #2, Annapolis MD | Listed for $948,000
Source: MRIS, 1/1/2017-3/31/2017. Total Sold Dollar Volume source: RBI, 4/2016; 4/2017. | Data deemed reliable, but not guaranteed.
$640M
$64M
Q 1 2017 Sol d Dol l a r Vol u me for all pro p e r t i es i n A nn e A r un d e l , M D. 10% i n c rea se fro m Q 1 20 16.
Q1 2017 So ld Do llar Vo lu m e fo r all p ro p e rties in Talb o t Co u n ty, MD. 8% i nc rea se f ro m Q 1 20 16.
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GLOBAL SPOTLIGHT PROPERTY T E R R E S A Z U R E , SA I N T M A RT I N Lo cate d i n t he m ost excl us i ve resi d e n t i a l a rea i n Fre n c h Sa i n t M a r t i n , t h i s e l e ga n t v i l l a af fo rds 4 be dro o m s, 4. 5 bath ro o m s, a se pa ra te ca re ta ke r ’s co t ta ge, a n d swe e p i n g vi ews to t he C ar i bbean. Pr i ce d we l l b e l ow t h e ow n e r ’s cost a t $ 3,95 0,0 0 0. Co ntact Les l ey Re e d | l es l ey@ st m a r t i n so t h e bysrea l ty.co m | 0 1 1- 590 - 690 -3 0 5 3 5 4 (c)
UPCOMING EVENTS Halcyon Awards Gala May 20, 2017
Capitol Hill 60th Annual House & Garden Tour May 13–14, 2017
TTR Sotheby’s International Realty is a proud Innovation Supporter of the 2017 Halcyon Awards Gala - which recognizes and honors talented arts icons, entrepreneurs & visionaries. halcyonhouse.org
The Capitol Hill Restoration Society’s Annual House & Garden Tour is one of the Grand Dames of the Capitol Hill social calendar. Capitol Hill residents will open their best homes and gardens to satisfy the curiosity of their neighbors. chrs.org/house-and-garden-tour
This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes, including price, or withdrawal without notice. ©2017 Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated. SIR1