Odenton, MD, is a diverse and active real estate community situated in Anne Arundel County, Maryland. Odenton is not known for having many distressed sales, such as foreclosed properties or short sales. That being said, current economic conditions are showing that Odenton is not immune either. Properties that have completed the foreclosure process are put back into a bank inventory and listed with a real estate brokerage for sale. Purchasing a bank owned property is not difficult and banks are very responsive to offers. You can view all eleven active Odenton MD bank owned properties here. If you're looking to purchase a home in Crofton, MD or anywhere in the surrounding area, I can help. Richard Iarossi, REALTOR® Long and Foster® Real Estate, Inc. Crofton, MD 21114 410-451-6255 Office 4... 05/09/2010

The Odenton, MD real estate market was rocking when comparing March 2010 to the same period in 2009. Total units sold in 2010 were 32, compared to 24 in March of 2009. A very decent increase of 33%. In previous months, Odenton, MD, has been lagging behind other communities in the area slightly. Sales in Odenton, MD for March 2010 were $9,635,350, an increase of 41.36% from 2009. The average sold price jumped to $301,105, a 6% increase from the same period last year. In March of 2010, an Odenton, MD home for sale could expect to be on the market for 94 days, on average. This is a 27% decrease from last year. Another significant indicator for real estate sales in Odenton, MD was the Average Sale as a Percentage of List Price. For March, 2010, this figure was 92.15%, indicating that homes ... 04/18/2010

Odenton MD Real Estate 21113 - Status for Week Ending 04/03/10 View Larger Map The current Active inventory for Odenton, MD homes is 191. An increase of three from last week. 34 of these are rentals and 157 are homes or condos for sale. As you can see from the chart below, seventeen new listings came on the market in Odenton MD last week. The Spring market certainly seems to have arrived in Odenton, MD.  Two of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 6 br, 4.5 bath house in the Chapel Grove section listed for $725,000. Eight new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD, as always. Nine properties moved... 04/04/2010

Odenton MD Real Estate 21113 - Status for Week Ending 03/27/10 The current Active inventory for Odenton, MD homes is 188. 38 of these are rentals and 150 are homes or condos for sale. As you can see from the chart below, twenty new listings came on the market in Odenton MD last week. The Spring market seems to have come to Odenton a couple of weeks early. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Eight of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 3 br, 3 bath house in the Piney Orchard section listed for $419,000. Seven new rental listings came on the market this past week. The current rental market is very robust and comp... 03/28/2010

Odenton MD Real Estate 21113 - Status for Week Ending 03/20/10 The current inventory for Odenton, MD homes is 180. 34 of these are rentals and 146 are homes for sale. As you can see from the chart below, fourteen new listings came on the market in Odenton MD last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Six of the new listings were priced below $250,000, a nice price range for first time home buyers for Odenton, MD. The largest of the new listings was a 4 br, 2.5 bath house in the Seven Oaks section listed for $420,000. Six new rental listings came on the market this past week. The current rental market is very robust and competitive in Odenton, MD. Sixteen properties moved into a form of Contract status. Nine of thes... 03/21/2010

Odenton MD Market Statistics - February 2010 Compared to 2009, February 2010 Odenton MD real estate home sales showed pretty nice increases across the board. Sales volume and units sold increased +72% and +84% respectively. The base for home sales is low, making it difficult to determine an accurate market assessment based on units and volume alone. Despite this, the increase year over year was substantial. Winter months are always difficult to project because of severe weather fluctuations and relatively low number of home sales. This year we experienced two major snow storms which affected real estate across Anne Arundel County. Several other indicators can help to see what's going on in the Odenton, MD real estate market. The average days on market decreased -38% year over year. This... 03/14/2010

  Total Active Resale Properties 168 New Listing (Past 30 Days) 48 Total Under Contract 19 SOLD Properties (Past 30 Days) 24 Average Sold Price $281,750 Average List Price $300,945 Average Days on the Market 85       Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data  LOOKING TO SELL YOUR CURRENT HOME SOON? If you are considering listing and selling your Anne Arundel County, Baltimore County, Howard County or Prince George's County Maryland real estate, I can provide a FREE HOME EVALUATION REPORT some call it a Comparative Market Analysis Report (CMA).  The report will detail all of the Anne Arundel County, Baltimore County, Howard County or Prince George's County homes comparable to yours that have recently SOLD in your immediate market area!   CLICK HERE TO GET ... 03/11/2010

Odenton MD Foreclosures by Category - March 7, 2010Zip Code 21113 Although Odenton, MD is not considered a community where a lot of foreclosures happen, they do occur. As you can see from the table below, three are only ten Active foreclosures in Odenton, MD today. You can view these three foreclosures by clicking the link here. Pre-foreclosure and Auction activity has seen an increase in the past few months. Foreclosure Categories Bank Owned 10 Preforeclosure 37 Auction 30 If you're interested in seeing any Odenton, MD foreclosure, or any listing in Odenton, MD, I can help. Richard Iarossi, REALTOR® Long and Foster® Real Estate, Inc. Crofton, MD 21114 410-451-6255 Office 443-995-9595 Cell Web: http://www.RichSellsHomes.com eMail: Rich@RichSellsHomes.com Annapolis MD Real Estate Special... 03/07/2010

Odenton, MD 21113 If you're searching for a home in Odenton, MD, you have a wide variety of homes to choose from in many price ranges. Whether you're a first time home buyer, or a move up buyer, Odenton, MD should be one of your search destinations. Adjacent to Ft. Meade, Odenton, MD is an excellent choice for buyers relocating into the area as a result of the Base Realignment and Closing initiative, BRAC. Price Range Inventory Under $100,000 1 $100,000 - $149,999 2 $150,000 - $199,999 5 $200,000 - $249,999 30 $250,000 - $299,999 45 $300,000 - $349,999 22 $350,000 - $399,999 22 $400,000 - $449,999 8 $450,000 - $499,999 3 $500,000 - $549,999 1 $550,000 - $599,999 3 $600,000 - $649,999 1 $649,999 - $699,999 0 Over $700,000 2 If you're not already working with a Realtor, I can help you fin... 02/27/2010

Odenton MD Foreclosures Foreclosure Categories Bank Owned 7 Preforeclosure 41 Auction 27 Odenton MD Bank Owned Properties - 02/21/10 Address Price BR/FB/HB Listing Courtesy 8600 Roaming Ridge Way $280,000 2/2/0 Fairfax Realty 505 Realm Ct. $184,000 3/2/0 Coldwell Banker 2973 Conway Road $139,900 3/2/0 Century 21 2042 Astible Way $259,000 3/2/1 Century 21 1255 Collins Ave. $183,900 3/2/0 Maryland REO 237 Eisenhower Ct. $284,900 4/2/2 Century 21 1909 Camelia $227,900 3/2/1 Century 21 If you're interested in seeing an Odenton MD foreclosure, I can help. Richard Iarossi, REALTOR® Long and Foster® Real Estate, Inc. Crofton, MD 21114 410-451-6255 Office 443-995-9595 Cell Web: http://www.RichSellsHomes.com eMail: Rich@RichSellsHomes.com Annapolis MD Real Estate Specialist Bowie MD Real Estate ... 02/21/2010

Odenton MD Market Statistics - January 2010 Compared to 2009, January 2010 Odenton MD real estate home sales were down almost across the board. Sales volume and units sold decreased 21% and 20% respectively. The base for home sales is low, making it difficult to determine an accurate market assessment based on units and volume alone. Despite this, the decrease year over year was substantial. Winter months are always difficult to project because of severe weather fluctuations and relatively low number of home sales. Several other indicators can help to see what's going on in the Odenton, MD real estate market. The average days on market increased 22% year over year. This is pretty unusual, since the neighboring town, Crofton, showed a significant decrease in the length of time a home is ... 02/21/2010

Odenton MD Real Estate - Status for Week Ending 01/30/10 Odenton MD added 13 new active listings to the current inventory last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. Two of the 13 were detached homes while the rest were townhouse or duplex style with the most expensive going for $449,900. Seven new rental listings came on the market and three had applications registered. Right now, the rental market is very robust in Odenton, MD, as usual. Thirteen properties moved or changed status into some sort of Contract status. This is a future indicator of settlements to come in the near future. Interestingly, 4 properties were accepted as contracts with a Kick Out. If you're looking to purchase or sell a home in Odenton, MD ... 01/31/2010

Odenton MD Real Estate - Status for Week Ending 01/23/10 Odenton MD added 9 new active listings to the current inventory last week. These were a good combination of offerings for anyone from first time home buyers to move up purchasers. All of the listings were townhouse or duplex style with the most expensive going for $359,900. Seven new rental listings came on the market and eight had applications registered. Right now, the rental market is very robust in Odenton, MD, as usual. Twelve properties moved or changed status into some sort of Contract status. This is a future indicator of settlements to come in the near future. If you're looking to purchase or sell a home in Odenton, MD or the surrounding area, I can help.   New ACTIVE Listings 9 New RENTAL Listings 7 Listings marked CNTG/... 01/24/2010

Maryland's Anne Arundel County Wants Express Rail from Odenton to Union Station Anne Arundel County Executive John R. Leopold has sent Ralign Wells, Administrator for the Maryland Transit Administration, a request for express rail service between the Odenton MARC Station and Union Station. Mr. Leopold made the request in response to citizen recommendations he received while surveying commuters at Odenton Station last week. "Due to the fact that the Odenton MARC Station has the third highest number of passenger boardings in the MARC system, behind Union Station in Washington, D.C. and Pennsylvania Station in Baltimore, an express service connecting Odenton to Washington would be highly utilized by the Western portion of Anne Arundel County," said Leopold in a statement. "The added servic... 01/13/2010

Odenton MD, 21113 October - 2009 2009 2008 % Change Sold Dollar Volume $9,971,899 $6,563,522 +51.93% Average Sold Price $302,179 $328,176 -7.92% Median Sold Price $294,999 $319,500 -7.67% Total Units Sold 33 20 +65.00% Average Days on Market 92 106 -13.21% Average List Price for Solds $315,348 $352,530 -10.55% Several of the Odenton, MD home sales statistics looked better in November, 2009 compared to November, 2008. More units are being sold, but in the lower price ranges. 32 of the 33 sales were in the price range under $500,000, while fully 25 of the 33 listings were under the $350,000 price range. During the month of November, 2009, 41 new listings were added to the Odenton, MD home inventory, while 33 were sold. In a peek at the near term future, 31 homes went under one of the vari... 12/20/2009

Total Active Resale Properties 184 New Listing (Past 30 Days) 41 Total Under Contract 33 SOLD Properties (Past 30 Days) 44 Average Sold Price $302,179 Average List Price $315,348 Average Days on the Market 92 Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data LOOKING TO SELL YOUR CURRENT HOME SOON? If you are considering listing and selling your Anne Arundel County, Baltimore County, Howard County or Prince George's County Maryland real estate, I can provide a FREE HOME EVALUATION REPORT some call it a Comparative Market Analysis Report (CMA).  The report will detail all of the Anne Arundel County, Baltimore County, Howard County or Prince George's County homes comparable to yours that have recently SOLD in your immediate market area!   CLICK HERE TO GET YOUR FRE... 12/10/2009

Located in a quiet family oriented neighborhood with plenty of open space, backs to large common area, great AA County schools, 4 pools & community center and within walking distance to GORC park & B&A (walk & bike) trails and near shopping (Arundel Mills, Annapolis Mall, Piney Orchard, Waugh Chapel, and Odenton).  BUILDER DESCRIPTION - Designed as a non-traditional, two-story home that combines both drama and efficiency, the Zachary has become one of the best selling homes in the Ryan series. The innovative design begins with the side staircase that overlooks the two-story open foyer. One of the most unique features of the Zachary are the column and niche details that create and accentuate the angled vistas from formal to everyday living areas. The large kitchen features a center islan... 11/29/2009

The Effect of Changing Jobs For most people, changing employers will not really affect your ability to qualify for a mortgage loan, especially if you are going to be earning more money. For some homebuyers, however, the effects of changing jobs can be disastrous to your loan application. How Changing Jobs Affects Buying a Home Salaried Employees If you are a salaried employee who does not earn additional income from commissions, bonuses, or over-time, switching employers should not create a problem. Just make sure to remain in the same line of work. Hopefully, you will be earning a higher salary, which will help you better qualify for a mortgage. Hourly Employees If your income is based on hourly wages and you work a straight forty hours a week without over-time, changing jobs should no... 10/16/2009

As you can imagine, home buyers in Odenton, MD, frequently take advantage of VA loans. I'm pretty sure that this is one of the few communities around where VA loans exceeded Conventional loans for home purchases in September, 2009. Of course, Ft. Meade, home to the NSA is the cause of so many VA loans. In September, 2009 though, FHA loans were at the top of the list with 10. This loan type is very attractive for first time home buyers since it only requires 3.5% of the purchase price as a down payment. If you're looking for a home in Odenton, MD, I work with an outstanding lender who can secure the best financing to meet your needs. If you're not already working with a Realtor® to find a home in Odenton, MD, I can help. If you're SEARCHING for a home anywhere in Maryland, click here to... 10/09/2009

  2009 2008 % Change Sold Dollar Volume $7,744,500 $9,012,593 -14.07% Average Sold Price $297,865 $333,800 -10.77% Median Sold Price $298,750 $320,000 -6.64% Total Units Sold 26 27 -3.70% Average Days on Market 77 116 -33.62% Average List Price for Solds $318,532 $358,518 -11.15% Odenton, MD real estate sales in September, 2009 compared to the same month in 2008 were not trending upward. The number of units sold was almost the same so the reduction in average prices is reflective of the price ranges that are active. 24 of the total 26 homes sold in Odenton, MD during the month of September, 2009 were under $400,000. Crofton, MD, a neighboring community had 8 homes sold over $500,000. The Odenton, MD homes for sale inventory remains high at 198. It grew slightly since 42 new listings ca... 10/09/2009