Rodgers Forge December Housing Market Update

17 Homes Currently For Sale
8 homes - 3bdrms/1bath - $255K-$295K
9 home -   3dbrms/2bath - $219.9K-$395K

6 Homes Currently Under Contract 
2 homes - 3bdrms/1bath - $264.9-278.5K

2 homes - 3bdrms/2bath - $275-289K

1 home -   4bdrms/1bath - $349K

1 home -   4bdrms/3bath - $359K

10 Homes Sold Since November 1, 2015

2 homes - 3bdrms/1bath - $265K-$309K
4 homes - 3bdrms/2bath -  $270K-$294K

2 homes - 4bdrms/2bath -  $210K -$346.7K 

1 home  -  5bdrms/3bath -  $415K

1 home  -  5bdrms/4bath -  $428.5K

Average days on market: 25

RODGERS FORGE NOVEMBER MARKET UPDATE

22 Homes Currently For Sale
10 homes - 3bdrms/1bath - $255K-$305K
10 home -  3dbrms/2bath - $249K-$395K (2 in Rodgers Court)
1 home -  4bdrms/3bath - $359.9K
1 home -  5bdrms/4bath - $439.9K

11 Homes Currently Under Contract 
3 homes - 3bdrms/1bath - $274.9-309K
1 home -   4bdrms/1bath - $349K
1 home -   4bdrms/2bath - $150K

4 homes - 3bdrms/2bath - $275-305K

8 Homes Sold Since September 30,2015

3 homes - 3bdrms/1bath - $190K-$305K
5 homes - 3bdrms/2bath - $267K-$319K

 Average Days on Market: 28

RODGERS FORGE MARKET UPDATE - July 15, 2015 - September 21, 2015

15 Homes Currently For Sale
5 homes - 3bdrms/1bath - $255K-$339K
8 home - 3dbrms/2bath - $249,9K-$394,9K
1 home - 4bdrms/2bath - $349K
1 home - 5bdrms/4bath - $439,9K


15 Homes Currently Under Contract
6 homes - 3bdrms/1bath - $192,5K-$314,9K
5 homes - 3bdrms/2bath - $275K-$319K
2 homes - 4bdrms/2bath - $265K-$359,9K
1 home – 5 bdrms/2bath - $439K

1 home - 5bdrms/3bath - $425K


18 Homes Sold Since July 15, 2015
1 home – 2 bdrms/1bath - $269,9K

8 homes - 3bdrms/1bath - $244,9K-$349,5K
5 homes - 3bdrms/2bath - $289K-$335K
2 homes - 4bdrms/2bath - $329K-$359K
1 home - 5bdrms/2bath - $384,9K
1 home - 5bdrms/3bath - $439,9K

Sold in Less Than 10 Days!
165 Dumbarton Road

3 bedroom/2 bath
$319,000

Prices in The Forge are holding steady! Even into the Fall months we can count on quick sales. This  interior home was in great shape and during the peak of the Spring season, might have brought a little more in price. This is very good news for interior 3bdrm, 2 bath homes. There values are seeing a bit of a spike. Contact me if you want advice on your home's value!

Two closings in Rodgers Forge last week for The Ottey Group.  We'd love to help you buy or sell your next home. Contact me at jean.ottey@gmail.com.  Never too busy for a referral!

402 Murdock Road - $359,900
4 bedroom / 2 bath

224 Brandon Road - $309,000
3 bedroom / 1.5 bath

Market Update - Summer, 2015

Rodgers Forge - Summer Market Update - Zipcode 21212

10 Homes Currently For Sale
6 homes - 3bdrms/1bath - $259,9K-$342,9K
1 home - 3dbrms/2bath - $325K
1 home - 4bdrms/2bath - $359,9K
1 home - 5bdrms/4bath - $449,9K


17 Homes Currently Under Contract
1 home - 2bdrms/1bath - $269,9K
7 homes - 3bdrms/1bath - $244,9K-$349,5K
6 homes - 3bdrms/2bath - $289K-$335K
2 homes - 4bdrms/2bath - $329K-$359K
1 home - 5bdrms/3bath - $439,9K


24 Homes Sold Since May 1, 2015
13 homes - 3bdrms/1bath - $225K-$335K
6 homes - 3bdrms/2bath - $285K-$300K
3 homes - 4bdrms/2bath - $299,9K-$369,9K
1 home - 4bdrms/1bath - $329K
1 home - 5bdrms/3bath - $389K

Home Sales Snapshot

Existing Home Sales in March surged by 6.1 percent from February to an annual rate of 5.19 million units. This was the largest monthly increase since December 2010. Sales are also up 10.4 percent from a year ago. Lawrence Yun, the National Association of REALTORS^® chief economist, noted, "After a quiet start to the year, sales activity picked up greatly throughout the country in March."

On the flip side, New Home Sales in March unexpectedly declined as sales fell 11.4 percent from February to an annual rate of 481,000 units. This is a stark contrast to the 543,000 units recorded in February, which was the strongest performance for new home sales in seven years. The harsh winter weather in January and February shut down construction sites, and that had an impact on March's figures. We will have to see if new home sales are further curtailed heading into the spring home buying season.

Also of note, Fannie Mae released its April 2015 Economic and Housing Outlook, revealing that economic activity was suppressed in the first quarter, largely due to the West Coast port disruptions and difficult weather patterns that gripped a large portion of the Northeast. Now that spring has arrived, it will be important to see if economic activity blooms along with the weather. 
                                                                                                             
Marc Hayes
Mortgage Consultant
NMLS #198734
Mortgage Master Inc.
Cell: 410-979-9588
Direct Line: 443-632-0868
Fax: 443-321-0548
E-Mail: mhayes@mortgagemaster.com