Congratulations Sharon George on the Sale of Your Piney Orchard Condo!

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, celebrates with Sharon George, following the sale of her mother's condo in the Piney Orchard section of Odenton, Md.

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, celebrates with Sharon George, following the sale of her mother’s condo in the Piney Orchard section of Odenton, Md.

Sharon George needed help selling her mother’s condo in the Piney Orchard section of Odenton, Md. The ground floor unit in Chestnut Gable was bright, airy and completely renovated. Staged beautifully, priced right and effectively marketed, the home sold very quickly. Thanks, Sharon, for all your good humor and teamwork!

Do you know someone thinking of buying or selling a home in the greater central Maryland area? Have them give me a call on my direct line (443) 924-7418. I’d be glad to help them any way I can!

Jerry Kline Named Keller Williams Odenton Agent of the Month for November

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, receives the Odenton Agent of the Month Award for November 2014 from Keller Williams Associate Broker Robert Wakefield.

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, receives the Odenton Agent of the Month Award for November 2014 from Keller Williams Associate Broker Robert Wakefield.

Many thanks to my buyer and seller clients who closed their real estate transactions in November — among them Randy Barth, Mike & Melissa Fletcher, and David & Isabella White. All of you could have chosen any real estate agent out there, and I very much appreciate the trust you put in me to get your goals accomplished. Thanks, also, to all of the agents in the Keller Williams Odenton office. You’re all great friends and you’re always there when I need help!

November Housing Stats for Gambrills: Sales Steady, Prices Down

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Year-over-year housing figures for Gambrills, Md., show that the number of homes sold in the area last month remained on par with the number of homes sold in November 2013. However, the median price of those homes dropped 18 percent from last year.

Moreover, the homes sold in Gambrills last month stayed on the market much longer than the year before.

According to data prepared by RealEstate Business Intelligence, the average price of detached single family homes sold in Gambrills in November dropped 16 percent from last year. The average price of attached homes, which include townhomes, condominiums and duplexes, dipped 29 percent.

The number of homes actively for sale in Gambrills in November (67) was roughly the same as the prior year (62). However, homes sold last month took 58 percent longer to sell than last year. The average “Days on Market” was 106 days in November 2014, up from 67 days in November 2013.

Overall, 14 homes sold in Gambrills in November 2014, compared to 13 over the same period last year. Ten of the homes sold last month were detached properties and four were attached homes.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418 or JerryKline@kw.com, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

Odenton, Md., Home Prices, Sales Slumped in November

Number of Homes Sold Dropped 29 Percent; Median Prices Down 8 Percent

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November brought a steep drop in temperatures to Odenton and nearby Ft. Meade, Md., and along with the cold weather came a corresponding chill in the local real estate market.

Year-over-year housing numbers show that fewer homes sold in Odenton in November 2014 than in the previous November. Average home prices here dropped and homes took longer to sell.

Median home prices in zip code 21113 dropped 8 percent, from $305,000 to $280,000. The number of homes that were sold fell 29 percent, from 38 to 27. And the average number of days those homes stayed on the market rose 18 percent, from 45 days to 53 days.

Last month also saw a 20 percent jump in the total number of homes listed for sale in Odenton compared to the previous November (147 homes versus 122 homes).

The number of detached single family homes sold in Odenton took the biggest hit, dropping 53 percent, from 15 homes to seven. Similarly, the median sale price of those homes plunged 36 percent from the same time last year.

Attached homes, which include townhomes, condominiums and duplexes, fared a little better by comparison. Average prices of attached homes sold in Odenton dropped 4 percent over the previous year, while the number of attached units sold dropped from 23 to 20.

The housing data was issued by RealEstate Business Intelligence.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418 or JerryKline@kw.com, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

Randy Barth Closes the Sale of His ‘Flip’ Property

Jerry Kline, left, Realtor with Keller Williams Flagship of Maryland, appears with Randy Barth, after closing the sale of Randy's "flip" property in Baltimore. Among other marketing efforts, Jerry included the property in Live Baltimore's "Buying Into Baltimore" homebuyer assistance event, held twice a year in the city.

Jerry Kline, left, Realtor with Keller Williams Flagship of Maryland, appears with Randy Barth, after closing the sale of Randy’s “flip” property in Baltimore. Among other marketing efforts, Jerry included the property in Live Baltimore’s “Buying Into Baltimore” homebuyer assistance event, held twice a year in the city.

Randy Barth has helped flip more than 30 residential properties in the greater Baltimore area over the last few years. After purchasing a 1924 duplex in Baltimore’s Forest Park neighborhood for $21,000, he recently completed a massive renovation of the home and sold the property for $125,000. Randy enlisted me to sell the home.

Interestingly, to help boost market exposure of the property, I was able to get the home included in Live Baltimore’s “Buying Into Baltimore” program (http://livebaltimore.com/events/details/buying-into-baltimore/#.VHiKv_10z5o). As a result, more than 50 qualified homebuyers were able to tour the home during the program’s open-house bus tour on Sept. 27. The buyer found the house during that tour.

Do you have an interest in buying and “flipping” residential investment properties? Are you a first-time homebuyer in need of financial assistance for a Baltimore-area home? Call me, and I’ll be glad to help you with your real estate need.

Again, congratulations Randy on your home sale, and thanks for choosing me as your listing agent!

Congratulations David & Isabella on Your New Tanyard Springs Lennar Home!

Jerry Kline, right, realtor with Keller Williams Flagship of Maryland, celebrates with David and Isabella White, following the purchase of their new-construction Lennar home.

Jerry Kline, right, realtor with Keller Williams Flagship of Maryland, celebrates with David and Isabella White, following the purchase of their new-construction Lennar home.

David and Isabella White and their four young children faced a daunting move from Florida to accommodate David’s new job at Ft. Meade, Md. Not knowing where to turn for help, they enlisted me as their buyers agent earlier this year. We spent time visiting a wide variety of properties in the greater Anne Arundel County area. In the end, David and Isabella settled on a Lennar new-construction home in the Glen Burnie community of Tanyard Springs.

We were able to get the Whites a fully upgraded, quick move-in Patriot single-family model for an incredibly low price. Tons of closing help from the builder, too!

If you know someone moving to the central Maryland area and needs help finding a place to live, have them give me a call. I’d be happy to help them, too!