The number of homes sold in Odenton between Aug. 1 and Oct. 31 rose 17 percent over the same period last year, according to figures provided by the Metropolitan Regional Information System. The three-month numbers indicate the local housing market may indeed have turned the corner after several years of falling sales numbers and price declines.
The Piney Orchard community led the town of Odenton in the number of homes sold during the late summer periods of 2011 and 2012, with 48 homes sold over the most recent three months and 31 homes sold from Aug. 1 to Oct. 31 last year.
By a wide margin, Piney Orchard and the Enclave at Seven Oaks led Odenton communities in the number of homes sold during both years. From Aug. 1 through Oct. 31 this year, Seven Oaks had 22 homes sold, while over the same period last year Seven Oaks had 23 homes sold. (See table below.)
Chapel Grove, with nearly 250 single family homes and more than 100 townhomes, was the next highest community in terms of home sales. Maple Ridge, Lions Gate and Four Seasons Estates also contributed steadily to Odenton homes sales during the period.
Eleven Odenton communities produced 87 percent of Odenton home sales during the most recent three-month period. The same 11 communities produced 89 percent of Odenton homes sales from Aug. 1, 2011 through Oct. 31, 2011.
|No. Homes Sold
8/1/12 – 10/31/12
|No. Homes Sold
8/1/11 – 10/31/11
|Four Seasons Estates||3||5|
|Town Center Commons||1||2|
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 visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).