Essex, MD Real Estate News

By Mike Klijanowicz, Associate Broker @ Cummings & Co. Realtors
(Cummings & Co. Realtors)
(July 1, 2007 - July 31, 2007) Here is your monthly report for local Real Estate Activity in Essex, Maryland (21221) TOTAL SOLD DOLLAR VOLUME = $6,881,099AVERAGE SOLD PRICE = $191,142AVERAGE LIST PRICE FOR SOLDS = $202,525AVERAGE DAYS ON MARKET = 76AVERAGE SALE PRICE % OF LIST PRICE = 94.38% TOTAL NEW LISTINGS = 59TOTAL LISTINGS PENDING CONTRACT = 38TOTAL LISTINGS SOLD = 36            Single Family & Townhomes = 34            Condos = 2 TOTAL ACTIVE LISTINGS = 178            Single Family & Townhomes = 168            Condos = 10                        SOURCE:  METROPOLITAN REGIONAL INFORMATION SYSTEMS, INC. - MLS RESALE DATA (Information deemed reliable, but is not guaranteed.) FREE HOME SEARCH FOR LISTINGS DIRECT FROM MLS:  http://www.isellmdhomes.com/
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By Phillip Cross, ePRO Realtor - Relocation Spec
(TBD - In transition...)
(Tuesday, May 1st - Thursday, May 31st) Here's the month in review for Real Estate Activity for Essex, Maryland (21221) Homes For Sale  There were 75 new listings placed on the market. List prices range from $125,000 to $1,695,000. Of these properties 56 are currently active, 15 are under contract and 4 have SOLD. 47 are single family detached homes, 22 are Townhomes, and 6 are Condos. There are a total of 171 listings that are currently ACTIVE. Of these 132 are Single Family Detached homes, 29 are Townhomes, and 10 are Condos. Homes Sold  There were 43 homes sold. There were 25 single family detached homes, 15 Townhomes, 2 Condos and 1 Mobile Home. Average Sales Price was $256,062 Average Days on Market was 71 If you are considering making a move, I can provide a FREE Comparative Marke...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Although the market overall-National and Regional-has slowed somewhat over the last 18 months, Essex is still showing strong sales and growth in the First Quarter of 2007. 2006 Sales:  115 Units soldAverage List price: $201,967Average Close Price: $197,977 or 98.0% of listMin Sold Price: $47,000 Max Sold Price: $455,0002007 Sales:  61 Units soldAverage List price: $213,407Average Close Price: $209,778 or 98.3% of listMin Sold Price: $53,900 Max Sold Price: $539,000The total units sold were down by 54 units (46.9%) for the quarter while the average sold price in 2007 increased $11,801 or 5.96% over the 2006 figures. Essex closed out with a very strong quarter, compared to many parts of Baltimore County. I feel that it will remain strong into 2007 because it is still one of Baltimore Coun...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Although the real estate market overall-National and Regional-has slowed somewhat over the last 18 months, Essex is still showing strong sales and growth-well above the average for Maryland.2005 Sales:494 Units soldAverage List price: $183,210Average Close Price: $181,553 or 99.1% of listMin Sold Price: $15,778 Max Sold Price: $599,9002006 Sales:445 Units soldAverage List price: $211,442Average Close Price: $207,813 or 98.3% of listMin Sold Price: $13,000 Max Sold Price: $700,000The total units sold were down by 49 units for the year while the average sold price in 2006 increased $26,260 or 14.5% over the 2005 figures. Essex closed out with a very strong year and I feel that it will remain strong into 2007 because it is still one of Baltimore County's most affordable communities.For any...
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By Gloria and Jason Belmonte, www.cecilcountyhomesearch.com
(Prudential Fox&Roach The Belmonte Group)
 www.easterntechhs.bcps.orgFor more info for homes in this area visit:www.priceharfordhomes.com
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
If you happened across my earlier Blog about the NEW CnS Trading Company and Mini-Mall in Essex, 21221 you already know how Big-Hearted and active Steve & Carol McBride are in the local community. What I didn't have a chance to talk about was the CnS Auction House within the building that is also very dedicated to raising money for local as well as World-wide Organizations.The Auction is each Monday at 5pm, with viewing starting at 3pm. You will find many individual items and box lots(old & new items), as well as larger items like tv's, electronics and furniture. Each weeks auction has lots of items that were donated and will be auctioned for specific organizations. This week several lots were auctioned off for the benefit of the American Cancer Society and the Getting Them Sober Founda...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
 I have always been a very service oriented person, not just great client service but service to community. I have always felt that no matter what level of life you are at, there are others that need a helping hand. Today in Essex at 138 Back River Neck Rd, 21221. I found the Grand Opening of the new CnS Trading Company & Mini Mall. My first thought was what a great new flea market for the Essex Community, but as I delved deeper into this new market, I found much, much more.Steve McBride & his wife Carol, bought the fledging flea market in January of this year. They made several changes to the layout and organization of the market, as well as the auction that it housed.In the past few months the market has grown much faster than anticipated-now housing 72 booths, fully rented AND with a...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Essex, MD 21221 was originally begun in 1909 by the Taylor Land Company. City dwellers looked to Essex when they wanted to remove themselves from the hustle and bustle of Baltimore. The area allowed for much freedom when it came to rural activities, such as having a few animals or being able to grow a small family garden.Essex was originally a 10 block area that encompassed the land between Mace & Marlyn Avenues. It grew quickly with the promotional materials that were utilized by the Taylor Land Co. to entice the move from the city.The first General Store was built at the corner of Eastern and Mace Avenue by Henry Guttenberger in 1910. This site is currently the location of the Squirrels Nest Antiques. In the following few years the Taylor Land Company donated land for some churches an...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Getting Them Sober is a world-wide non-profit based in Baltimore, Maryland that grew from the world wide acceptance of the book by Toby Rice Drews of the same name. This single book published in 1980 has now grown to 4 volumes and still is widely used in treatment centers and by Doctors world-wide. This million-seller book has endorsements from "Dear Abby" ("everyone should read this book"); Dr. Norman Vincent Peale ("helps millions of alcoholics"); and Melody Beattie, author  of 'Codependent No More' (Melody says: "Getting Them Sober is the best book for the family  of the still-drinking alcoholic"). HUNDREDS of effective suggestions for sobriety and recovery If the family of the alcoholic changes his/her behavior as outlined in this book, the alcoholic has an 80% percent better chance...
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By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
What a great time it is for Home Buyer's to be looking along the Eastern Avenue corrider from Highlandtown out through Essex! Everyone has read the stories the last few montha about the real estate market and how it has changed-sales slowing, prices dropping while maintaining the low interest rates. This has brought about a very unique situation that, I believe, has not been seen in the Maryland Market. First and second time home buyers can now have the opportunity to get a new home, at a great price with low interest rates. The time could not be better for buyers. Look at the statistics from the Metro Regional Information System (MRIS) for January 2007 in zip codes 21221, 21224 (Essex, Highlandtown) Units SOLD-84  Current Units Listed-801 This gives an absortion Rate of 9.54 months of ...
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