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Russett, MD Real Estate News

By Blanco Drummond, Blanco Drummond
(Exit Bennett Realty)
The neighborhood of Russett in Laurel MD is located in the zipcode 20724.  I’ll provide the 4th quarter numbers and a comparison to last year’s market activity.  Home sales within the zip code of 20724 are as follows: 41 units that sold (7.89% increase over last year).  The median sold price was $281,837 (3.06% increase over last year) and the overall average days on the market was 43 (-18.87% decrease from last year).  ·         18 single family homes sold (50.00% increase over last year) with an average sales price of $289,489 (8.58% increase over last year). ·         23 attached units sold (-11.54% decrease from last year) with an average sales price of $275,848 (-0.28% decrease from last year). In the 20724 zip code, the number of properties that sold during the 4th quarter and yea...
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By Blanco Drummond, Blanco Drummond
(Exit Bennett Realty)
The December Market Watch report for the neighborhood of Russett in Laurel MD has arrived.  I’ll provide the final numbers of the month followed by the final numbers for the zip code 20724.  Also, with regard to the zip code, I’ll provide you with a comparison to last year’s market activity.  There were a total of 9 units that sold during the month of December 2013:  ·         3 single family homes with an average sales price of $399,000 and the average days on the market were 78 days. ·         5 town homes with an average sales price of $293,200 and the number of days on the market were 40 days. ·         1 condominium with a sales price of $187,000 and the number of days on the market was 11 days. When we look beyond the neighborhood of Russett to get a feel for sales activity within...
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By Blanco Drummond, Blanco Drummond
(Exit Bennett Realty)
As of May 7th, here are the "Top 5" listings for the community of Russett, which remains a mainstay in easy living  Laurel MD.  Russett is bordered by the Little Patuxent River and a 70-acre Oxbow Lake Nature Preserve, which attracts waterfowl and birds. Part of Russett’s land holdings is an undisturbed 78-acre parcel under the control of the county’s Board of Education.  If you wish to have a comprehensive list of homes for sale, just contact us at (301) 455-4047.  Prices are being reduced by the sellers and there have been some pretty significant changes. Keep your eye on these posts on our website if you are looking at Russett as your primary area of interest. If you think you may be interested in Selling your Home please request a Free Market Analysis or call us to have us evaluate ...
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By Blanco Drummond, Blanco Drummond
(Exit Bennett Realty)
The 2013 quarter 1 Statistics for Laurel MD Zip Code 20724 are available. So far, 35 units have sold, the greatest activity appeared in the detached/4 BR or more residential homes market ― 11 homes sold.  The majority of the homes sold were on the market from 31 to 60 days, but the average days on the market was 88 days.  You will see the primary activity was in the moderately priced properties with average list price for properties sold at $251,023.  Should you want to relocate, don't hesitate to consider neighboring Russett.  If you are considering Selling your home, give us a call or fill out our form to receive a FREE Market Analysis of your home to determine if now is the time to come back on the market in Laurel.   Columbia MD Listings for Sale and Real Estate Services--Blanco Dru...
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