Market Report: Anne Arundel and Talbot Counties | First Quarter 2017

FIRST QUARTER 2017

MARKET REPORT A Co m p r e h e ns ive A na l ysi s of the Re si d e n ti al Re al Estate M ar ke t in A nne A r un d e l an d Tal bot Coun ti e s, M ar yl an d

110 BELLEHAHN CT, SEVERNA PARK MD | $6,950,000

ANNE ARUNDEL COUNTY F I R S T QUA R T ER 2 017 | SI N G LE FA M I LY HOM E SA LE S ANNAPOLIS UNITS SOLD

Q1 2016

Q1 2017

%

228

237

4%

$457,774

$524,127

14%

83

74

-11%

Q1 2016

Q1 2017

%

74

55

-26%

$508,135

$526,566

4%

81

51

-37%

EDGEWATER

Q1 2016

Q1 2017

%

UNITS SOLD

72

76

6%

$378,386

$480,133

27%

99

65

-34%

GIBSON IS LAND SPOTLIGHT

Q1 2016

Q1 2017

%

19

13

-32%

$505,151

$617,115

22%

97

95

-2%

Q1 2016

Q1 2017

%

A private island within one hour of Washington & Baltimore.

Gibson Island is an enchanting, two by three mile, gated, private Island accessed by a man-made causeway from the western shore of the Chesapeake Bay. With no Bay Bridge to cross, Washington, Baltimore and Annapolis are only an hour or less away, and BWI and the train station are less than 25 minutes away. Water, wildlife and woodlands create an extraordinary setting for an outstanding selection of homes on and off the water.

With 200 private homes on about one third of the land, the remaining two thirds of land is owned by the residents and is used for recreation, forestry and open spaces. There are miles of roadways for bicycling and jogging and residents can enjoy kayaking, canoeing, fishing, windsurfing, paddle boarding, power boating and sailing.

AVG SOLD PRICE AVG DAYS ON MARKET SEVERNA PARK UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET

AVG SOLD PRICE AVG DAYS ON MARKET DAVIDSONVILLE UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET CROWNSVILLE UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET

22

35

59%

$531,599

$445,720

-16%

109

98

-10%

636 Stillwater Road, Gibson Island | Listed for $3,297,000

1902 Carrollton Rd, Annapolis MD | Listed for $3,395,000 Source: MRIS, 1/1/2017-3/31/2017. Total Sold Dollar Volume source: RBI, 4/2016; 4/2017. | Data deemed reliable, but not guaranteed.

TA L B O T C O U N T Y F IR S T QUA R T E R 2 017 | SI N G LE FA M I LY HOM E SA LE S EASTON UNITS SOLD AVG SOLD PRICE AVG DAYS ON MARKET

Q1 2016

Q1 2017

%

SAINT MICHAELS

85

87

2%

UNITS SOLD

349,532

385,368

10%

AVG SOLD PRICE

127

87

-31%

AVG DAYS ON MARKET

Q1 2016

Q1 2017

%

11

9

-18%

594,000

780,111

31%

171

69

-60%

317 Hemsley Dr, Queenstown MD | Listed for $560,000

17 Harwood Dr, Harwood MD | Listed for $999,000

39 1/2 Maryland Ave #2, Annapolis MD | Listed for $948,000

Source: MRIS, 1/1/2017-3/31/2017. Total Sold Dollar Volume source: RBI, 4/2016; 4/2017. | Data deemed reliable, but not guaranteed.

$640M

$64M

Q 1 2017 Sol d Dol l a r Vol u me for all pro p e r t i es i n A nn e A r un d e l , M D. 10% i n c rea se fro m Q 1 20 16.

Q1 2017 So ld Do llar Vo lu m e fo r all p ro p e rties in Talb o t Co u n ty, MD. 8% i nc rea se f ro m Q 1 20 16.

OU R OFFIC ES GEORGETOWN BROKERAGE 1206 30th Street NW Washington, DC 20007

209 Main Street Annapolis, Maryland 21401 ttrsir.com | +1 410 280 5600

DOWNTOWN BROKERAGE 1515 14th Street NW Washington, DC 20005 McLEAN BROKERAGE 6723 Whittier Avenue McLean, VA 22101 ALEXANDRIA BROKERAGE 400 S Washington Street Alexandria, VA 22314 ARLINGTON BROKERAGE 2300 Clarendon Blvd Arlington, VA CHEVY CHASE BROKERAGE 5454 Wisconsin Avenue Chevy Chase, MD ANNAPOLIS BROKERAGE 209 Main Street Annapolis, MD

GLOBAL SPOTLIGHT PROPERTY T E R R E S A Z U R E , SA I N T M A RT I N Lo cate d i n t he m ost excl us i ve resi d e n t i a l a rea i n Fre n c h Sa i n t M a r t i n , t h i s e l e ga n t v i l l a af fo rds 4 be dro o m s, 4. 5 bath ro o m s, a se pa ra te ca re ta ke r ’s co t ta ge, a n d swe e p i n g vi ews to t he C ar i bbean. Pr i ce d we l l b e l ow t h e ow n e r ’s cost a t $ 3,95 0,0 0 0.

Co ntact Les l ey Re e d | l es l ey@ st m a r t i n so t h e bysrea l ty.co m | 0 1 1- 590 - 690 -3 0 5 3 5 4 (c)

UPCOMING EVENTS Halcyon Awards Gala May 20, 2017

Capitol Hill 60th Annual House & Garden Tour May 13–14, 2017

TTR Sotheby’s International Realty is a proud Innovation Supporter of the 2017 Halcyon Awards Gala - which recognizes and honors talented arts icons, entrepreneurs & visionaries. halcyonhouse.org

The Capitol Hill Restoration Society’s Annual House & Garden Tour is one of the Grand Dames of the Capitol Hill social calendar.

Capitol Hill residents will open their best homes and gardens to satisfy the curiosity of their neighbors. chrs.org/house-and-garden-tour

This material is based upon information that we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes, including price, or withdrawal without notice. ©2017 Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office Is Independently Owned And Operated. SIR1