Piney Orchard Real Estate update October 2009 Sales Information

Posted Oct 6, 2009 @ 2:29 pm, Viewed by 176 Visitors, Read 179 Times.

The Piney Orchard real estate market is stabilizing and the number of September sales in 2009 was just slightly lower than in 2008. 

The high sale for the month was a single family home priced at $489,900 that sold for $460,000 with $20,000 in closing help.

The low sale was a foreclosure condo on Samantha Lane that sold for $183,500 some $70,000 less than it's original sale price in 2006.

There was one foreclosure sale and one short sale in Piney Orchard in September which is well below the stats of surrounding communities in Odenton.

Piney Orchard            
Period   Average          sale price   Days on market   Number of homes sold
September 2008    $  301,303       93       13
September 2009    $  329,308       76       12
Change    $    46,588       -6        -2
% change 2008/2009             15%      -6%     -15%

 

Thomas Roskelly, Jr., Realtor USN CPO Retired
RE/MAX Leading Edge
1360 Main Chapel Way
Gambrills, MD  21054
(443) 871-4903 ~ Mobile
(410) 721-6694 ~ Office
E-mail:  TWRoskelly@aol.com
On-line: www.PineyOrchardHomes.com

 

 

 

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