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Anne Arundel County Stays Strong

July 30, 2014  |  by Ellen

We’re using some of the new SmartCharts features to dig deep into different areas around our region. Today’s focus: Anne Arundel County. 

All signs point to a healthy burst of activity over the past month for this part of Maryland. Nearly all the usual metrics are beating out the five year averages by a noticeable margin. Here are the three big ones to look at:

Anne Arundel June 2014

Active listings is the one category not showing much difference compared to the five year average. However, since inventory was slow to come to market this year for our region the fact that last month’s actives were slightly up is a positive sign. If you want to know where the new listings are for Anne Arundel you can use the Explore feature from SmartChart’s dashboard page. Here are the top cities within Anne Arundel by the number of new listings during June 2014 (we cut the list to places with over twenty new listings to keep it a manageable size).

Screen Shot 2014-07-30 at 11.33.15 AM

Number of new listings for June 2014 vs June 2013. Data provided by MRIS as of July 5th 2014.

Annapolis seems to be where all the action is both in terms of new listings (above) and the number of sold listings in June (below).

Screen Shot 2014-07-30 at 11.40.23 AM

Number of sold listings during June 2014 vs June 2013. Data provided by MRIS as of July 5th 2014.

Using just a few clicks on the same Explore feature we can also find out where the prices are rising the most. Here’s last month’s median sales prices for the top selling cities in Anne Arundel County. Annapolis drops down the list a bit, but still shows some growth compared to June of last year.

Screen Shot 2014-07-30 at 11.45.16 AM

Median sales prices for June 2014 vs June 2013. Data provided by MRIS as of July 5th 2014.

If you want to check out the the story for any of the areas we cover head over to GetSmartCharts.com. If you’re not a SmartCharts Pro (formerly known as rbiEXPERT) subscriber, you can try before you buy! Test drive SmartCharts Pro and these new location types FREE for 14 days. Sign up today by clicking here. If you cancel your account before the trial period expires, your credit card will not be charged. 

Posted in Blog, Market Statistics, RBI

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