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.

 

 

2014 in review

The WordPress.com stats helper monkeys prepared a 2014 annual report for this blog.

Here’s an excerpt:

A San Francisco cable car holds 60 people. This blog was viewed about 1,300 times in 2014. If it were a cable car, it would take about 22 trips to carry that many people.

Click here to see the complete report.

The Cliftons Complete Their Pasadena, Md., Home Purchase

Jerry Kline (left), realtor with Keller Williams Flagship of Maryland, celebrates with Alicia & Robert Clifton, following the purchase of their new home in Pasadena, Md.

Jerry Kline (left), realtor with Keller Williams Flagship of Maryland, celebrates with Alicia & Robert Clifton, following the purchase of their new home in Pasadena, Md.

Robert and Alicia Clifton completed the purchase of their new Pasadena, Md., home Dec. 22, just in time to move in for Christmas. The Cliftons relocated to the central Maryland area from Georgia to accommodate Robert’s new assignment with the Coast Guard.

Avid boating enthusiasts, the Cliftons selected a large single family home with a 3-acre wooded lot, just a stone’s throw from the water and a marina. Congratulations on your new home, Robert & Alicia, and thanks for allowing me to help you with the search and purchase!

If you know someone looking to buy or sell a home in the Baltimore/Washington/Annapolis area, call me at 443-924-7418. I’ll be glad to help!

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

Gambrills 2

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

Odenton 2

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).