A Closer Look at Recent Home Sales in Odenton’s Piney Station Neighborhood

Piney Station is one of many smaller neighborhoods that comprise the large and popular Piney Orchard community in Odenton, Maryland.

Piney Station is one of many smaller neighborhoods that comprise the large and popular Piney Orchard community in Odenton, Maryland.

Piney Station is one of many smaller neighborhoods comprising the large and popular Piney Orchard section of Odenton, Maryland. The charming group of 200+ townhomes that makes up Piney Station is directly adjacent to the well-used and multifaceted GORC Park.

I recently took an in-depth look at the real estate microclimate of Piney Station townhomes without garages. Overall, 2014 was a worse year for these Piney Station home sellers than 2013.

Based on MLS data for these homes sold over the past two years, here’s what I found:
– 8 Piney Station townhomes without garages sold in 2013;
– 7 such homes sold in Piney Station in 2014;
– In 2014, the average sale price of these homes was $328,285;
– In 2013, the average sale price of these homes was $329,875;
– The average amount of closing assistance provided by the sellers of these homes to their buyers in 2014 was $7,024 (2.13%);
– The average amount of closing assistance provided by the sellers of these homes to their buyers in 2013 was $5,964 (1.8%);
– The average “closing price minus seller help” amount netted by sellers in 2014 was $321,261;
– The average “closing price minus seller help” amount netted by sellers in 2013 was $323,911;
– The average number of days these sold homes stayed on the market in 2014 was 65 days; and
– The average number of days these sold homes stayed on the market in 2013 was 29 days.

As 2015 began, 2507 Black Oak Way and 2480 Ivy Landing Way were the only Piney Station homes for sale without garages.

For more information on the Piney Orchard community and other homes in the greater Odenton and Fort Meade areas, contact Jerry Kline, Realtor, Keller Williams Flagship of Maryland, at (443) 924-7418.

 

 

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