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Abingdon MD Real Estate from August 2016
By Scott
October 6, 2016

While we’re still waiting for the final numbers to come in for September, we can still take a look at what happened in residential real estate in Abingdon, MD during the month of August, 2016. It Is no surprise that in what is usually a fairly hot market, there was a ton of activity. But despite the sheer volume of sales in such a small market, some of the metrics are actually down from a year ago.

The total sales volume was just over $13 million for the month, made up from 59 closed sales. The amount of ...

Belcamp MD Real Estate as of August of 2016

The market was shining on everyone’s favorite Riverside community in August of 2016. For what’s considered a tiny market, there was $3.8 million in real estate transferred, made up of 20 home sales during the month. That is a staggering 100% increase over the same time in 2015. The median sales price was $166,500, and the average time it took to sell a home in that zip was only 28 days. The highest priced home sale in Belcamp, MD during August, 2016, was a waterfront home in the Watersedge community, and transferred for $525,000 (picture below).

The problem of compressed real estate ...

Whats Going Next to Aldi in Aberdeen

With over 30,000 cars a day going past this site, it's no question that many passersby have wondered what new businesses were going there. We have dug into the database and found a site plan, along with the first two confirmed tenants. As you can see below, the far left endcap will be yet another Verizon store (hooray for those of us that use their cell service), and next to that will be an Urgent Care. This will definitely benefit the people that get into fights at Walmart across the street on Black Friday! 

Have you seen ...

Edgewood, MD Real Estate in August, 2016

No one can say that the real estate agents in Edgewood, MD weren’t busy in August, 2016, even though the total dollar volume of sales was a modest $4.6 million. Despite that, it increased 63.3% over last year, along with a steady maintenance from July, beating out the previous month by 1.1%. Leading the way was the Woodbridge Center community with eight home sales, followed by Harford Square with four.  The largest real estate sale in the Edgewood, MD zip code for the month was 2804 Captain’s Cove in Lord Willoughby’s Rest, which sold for $238,000.

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Aberdeen, MD Real Estate for August of 2016

The Aberdeen, MD real estate market continued a pretty hot trend in August of 2016, with 36 homes changing owners during the period, totaling a robust $6.2 million in sales-- a 12.6% increase over the same month in 2015. Even though the number of homes sold jumped, the average sales price dipped a bit, mainly due to the number of distressed sales in the area. Of the 36 homes that transferred, 11 were either foreclosures or short sales.