Piney Orchard homes for sale

Sold by Jerry Kline in Piney Orchard!

When a growing family and lack of space led Josh & Mallory to search for a bigger home, the young homeowners contacted Jerry Kline to get their Piney Orchard townhome sold fast. In two weeks the deal was done, and 2523 Black Oak Way in Piney Orchard’s Piney Station subdivision had new owners.

What really drew potential buyers to the home was Mallory’s personal touch for staging and decorating the property.

The living room of 2523 Black Oak Way in the Odenton, Maryland, community of Piney Orchard. Jerry Kline, realtor with Keller Williams Flagship of Maryland, recently listed and sold the home for $351,000.

The living room of 2523 Black Oak Way in the Odenton, Maryland, community of Piney Orchard. Jerry Kline, realtor with Keller Williams Flagship of Maryland, recently listed and sold the home for $351,000.

The home featured great lighting, updated materials and soothing colors to help create a feeling of warmth and comfort.

The beautiful sun room of 2523 Black Oak Way in the Piney Orchard section of Odenton, Maryland. The home was recently listed and sold by Jerry Kline, realtor, Keller Williams Flagship of Maryland.

The beautiful sun room of 2523 Black Oak Way in the Piney Orchard section of Odenton, Maryland. The home was recently listed and sold by Jerry Kline, realtor, Keller Williams Flagship of Maryland.

Thanks, Josh & Mallory for choosing Jerry Kline as your listing agent!

Do you know someone looking to buy or sell a home in the greater Baltimore/Annapolis/Washington, D.C. area? Call Jerry Kline (443-924-7418) with Keller Williams Flagship of Maryland today!

Sold by Jerry Kline in Piney Orchard!

Street view of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland, for $337,000. 

Street view of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland, for $337,000. 

When Thomas & Brandy had to move their young family to Kentucky for Thomas’ new job, they needed to quickly sell their Piney Orchard home near Fort Meade, Maryland. They hired Jerry Kline, Realtor with Keller Williams Flagship of Maryland, and Jerry delivered. The home sale closed March 23.

The kitchen/dining area of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. 

The kitchen/dining area of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. 

Piney Orchard, located in Odenton, Maryland, is a very popular residential community for those working in and around the growing Fort Meade, Maryland, complex. Served by outstanding schools and a long list of community amenities, thousands of retired and active-duty military make Piney Orchard their home.

The master bedroom of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. 

The master bedroom of 2468 Ivy Landing Way in the Piney Orchard section of Odenton, Maryland. This Fort Meade, Maryland, area home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. 

If you know someone looking to buy or sell a home in the greater Fort Meade, Maryland, area, contact Jerry Kline (443-924-7418) with Keller Williams Flagship today!

Patrick & Krista Purchase Their New Home With Jerry Kline!

Patrick & Krista join Jerry Kline (right), Realtor, Keller Williams Flagship of Maryland, to celebrate the purchase of their new home. The new home is located in the Millersville, Maryland, community of Shipley's Choice.

Patrick & Krista join Jerry Kline (right), Realtor, Keller Williams Flagship of Maryland, to celebrate the purchase of their new home. The new home is located in the Millersville, Maryland, community of Shipley's Choice.

Congratulations, Patrick & Krista, on the purchase of your new home in Shipley's Choice! Patrick & Krista have been working with Jerry Kline over the past year to find just the right home for their family. Jerry has also helped the clients rent their investment properties and helped Patrick's sister rent her home in the Piney Orchard section of Odenton, Maryland, and purchase another home there. Thanks very much for choosing Jerry to help you with all your real estate needs!

Odenton’s Supply of Homes for Sale is Critically Low

Odenton homes for sale
Odenton homes for sale

A Strong Market for Odenton Home Sellers Pushed Prices Up More than 10 Percent Last Month

The average price of a home sold in Odenton last month rose more than 10 percent from the same time a year ago, according to new market data released by RealEstate Business Intelligence (RBI).

The increase in home prices stems in large part from an acute shortage of for-sale housing in Odenton, as the number of available homes for sale there dropped 37 percent from last year.

The shortage of available homes for sale was particularly notable in Odenton’s popular Piney Orchard community. The number of homes actively listed for sale in Piney Orchard (20) dropped 47 percent in February over the same time in 2016.

In Odenton’s Seven Oaks community, the number of available homes for sale in February (19) held steady from the previous year.

The “months of supply” of available homes for sale in Odenton remains critically low at 1.5 months, indicating an extremely strong market for home sellers. Anecdotal evidence shared by local realtors supports this data, with very active buyer-showing and open-house activity and multiple-bid scenarios involving many available Odenton properties.

Specifically, 24 townhomes, duplexes and condominiums sold in Odenton last month for an average price ($291,846) that was 10.29 percent higher than in the previous February. Six single-family detached homes sold in Odenton last month for an average price ($414,983) that was 10.21 percent higher than last year.

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).

Piney Orchard Townhouse Under Contract!

Piney Orchard Homes
Piney Orchard Homes

Congratulations, Caroline, on your accepted purchase offer for 8740 Bright Meadow Court in the Piney Orchard section of Odenton, Maryland!  It's a lovely, renovated townhome in an excellent location. We'll have you moved in before St. Patrick's Day!

Piney Station Real Estate Update - 2620 Barred Owl Way

Piney Orchard homes for sale

Piney Orchard homes for sale

Piney Station is One of 41 Subcommunities Comprising Piney Orchard in Odenton, Maryland

Another steep price drop for 2620 Barred Owl Way in the Piney Orchard section of Odenton, Maryland, shows the dangers of overpricing your property.

The home was first listed for sale at $365,000, then the price was lowered to $345,000 a few weeks ago. It's now been reduced to $319,900. The home has been on the market for 72 days.

It's an REO property, meaning the home has just been through the foreclosure process. But for an REO, it's in terrific condition. Brand new neutral paint and carpet throughout. Upgraded cabinets & granite counters. 3-level bumpout. Superbath with separate tub and shower. Large deck with walk-out basement and a paver patio. 3 bedrooms, 3.5 baths.

Fannie Mae, which owns the property, requires that the buyers pay 100 percent of the state transfer and recordation charges on the transaction. See the full listing with all the photos here: http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=4021770XPX7X&p=DE-340785888-659#1

Piney Orchard Townhomes: Are End Units Worth More?

Piney Orchard homes Yes. $5,499 more, on average.

Since the beginning of 2015, 120 townhomes have sold in the Piney Orchard section of Odenton, Maryland. According to Metropolitan Regional Information Systems (MRIS), the local multiple listing service, 88 of those homes were “interior” units, and 32 were “end” units.

The average sale price of the interior townhomes sold in Piney Orchard during that time was $330,864. The average Piney Orchard end-unit townhome sold for $336,363. That’s a difference of $5,499.

Why would that be?

Many buyers prefer end units to interior units when purchasing a townhome. Among the reasons:

- end units offer more privacy and serenity, because they have only one adjacent neighbor;

- end units often have larger interiors in terms of total square feet;

- with windows on three sides, end units usually allow more natural light inside;

- with a yard on three sides, they offer more outside space to spread out; and

- they sometimes offer more architectural interest, inside and out.

 

Garages usually increase a home’s value. But curiously, the $5,499 premium buyers have paid for Piney Orchard end units since the beginning of 2015 is not because a greater proportion of the end units had garages.

In fact, the opposite is true: 31 percent of the interior townhomes purchased in Piney Orchard since the beginning of 2015 offered a garage, while only 19 percent of end-unit townhomes did.

The simple fact is that if you want to buy an end-unit townhome in Piney Orchard, expect to pay about $5,000 more for it than you would for an interior townhome. Sales data since the beginning of 2015 shows that the added benefits of owning an end unit make them worth more.

 

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).

Piney Orchard Home Sales Rocket Into Spring

Piney Orchard home sales

Piney Orchard home sales

Sales Last Month Up 83 Percent Over March 2015; Median Price Up 6.3 Percent

Home sales in the Odenton, Maryland, community of Piney Orchard in March soared 83 percent over the same period a year ago, leading a very strong spring housing market in the greater Fort Meade, Maryland, area.

Numbers released by RealEstate Business Intelligence (RBI) show that the median price of homes sold in Piney Orchard last month jumped 6.3 percent (from $287,000 to $305,000) from March 2015. Twenty two homes sold in Piney Orchard last month, compared to 12 homes sold in March 2015.

- 12 three-bedroom townhomes sold for an average price of $339,869;

- 1 four-bedroom townhome sold for $380,000;

- 1 detached, single family home sold for $470,000; and

- 8 condominiums sold for an average price of $238,800.

Given the close proximity of Fort Meade to Piney Orchard and the large number of local homebuyers who are retired and active-duty military personnel, it’s interesting to note that only two of the 22 Piney Orchard homes sold last month were purchased by buyers using VA mortgage financing. Also surprising is that none of the Piney Orchard homebuyers last month used FHA financing – a very popular mortgage option in most places.

Sixteen of the 22 Piney Orchard homes sold last month were purchased using conventional financing, one was bought using cash, and three other homes were purchased using other forms of financing.

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).

Odenton Home Sales Explode In March

Odenton Homes for sale

Odenton Homes for sale

Sales up 53 Percent, Median Sale Price Up 7.6 Percent Over the Same Period Last Year

Aggressive buyer appetite and a lack of residential properties for sale led Odenton home sales to spike strongly last month, according to year-over-year data released by RealEstate Business Intelligence (RBI).

The number of homes sold in Odenton in March (49) rose 53 percent over the same period last year, while the median price of a home sold in Odenton rose 7.6 percent. The average number of days it took to sell an Odenton home dropped 10 percent from March 2015, to 70 days.

RBI statistics show that the months of supply of housing available in Odenton remains critically low at 3.0 months. Months of supply is a good indicator of whether a real estate market is favoring buyers or sellers. Typically, a market with less than 6 months of supply favors sellers, while more than 6 months of supply indicates an excess of homes for sale, favoring buyers.

In Piney Orchard, a particularly popular community for local home buyers, the market for home sellers was even stronger. The months-of-supply figure for Piney Orchard in March was 2.1 months.

The boom in Odenton real estate was not confined to March, however. RBI year-to-date numbers show strong growth in the Odenton housing market since the beginning of the year.

In the Maple Ridge neighborhood, for instance, 13 homes sold in the first three months of 2016, compared to only two homes over the same period last year. That’s an increase of 550 percent. It’s not surprising, then, that the median Maple Ridge home price has jumped 23 percent since the beginning of the year.

The story is much the same in Piney Orchard. Year-to-date sales numbers for the community show an increase in sales of 55 percent over 2015, and the median price of a Piney Orchard home is up 4.2 percent so far this year.

Not every Odenton community has benefitted from the upswing, however. Year-to-date sales numbers for Seven Oaks, for example, show the number of homes sold there dropped 40 percent (from 30 homes to 18 homes) from the same period in 2015 -- although the median home price in that community did rise 2.3 percent). Given that the average number of days needed to sell a Seven Oaks home dropped 48 percent year over year, the drop-off in sales in Seven Oaks this year is probably explained by a lack of available inventory.

Home sales in other Odenton communities, including Chapel Grove, Four Seasons Estates, Kings Ransom and Eden Brook, remained largely flat compared to the same period in 2015. While sales in Lions Gate are up 66 percent so far in 2016, this increase is based on only five total sales this year (compared to three sales over the same period in 2015).

Jerry Kline is a Realtor with the Odenton, Maryland, office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).

Piney Orchard Home Sales Dropped 11 Percent in 2015

Homes for Sale in Piney Orchard The number of homes sold in the popular Fort Meade-area community of Piney Orchard dropped 11 percent in 2015, according to year-over-year sales data compiled by Real Estate Business Intelligence (RBI).

The number of Piney Orchard “attached” homes – townhouses, duplexes and condominiums – dropped 10 percent (from 225 homes to 202 homes) from 2014. Five detached, single family homes sold in Piney Orchard in 2015 versus seven such homes sold in 2014.

Piney Orchard, located in Odenton, Maryland, is the largest planned residential community

in Anne Arundel County. With more than 4,000 homes consisting of apartments, condominiums, townhomes, single-family homes and 55+ residences, the community is highly sought after by people working in the Fort Meade, Baltimore, Annapolis and Washington, D.C., areas.

Piney Orchard homes for sale

Median sale prices for homes sold in Piney Orchard in 2015 rose 1.87 percent over 2014. The average price of an attached Piney Orchard home was $297,205 in 2015. The average price of a detached home jumped 19 percent in 2015 to $442,670; however, that increase was based on only five home sales.

One positive sign for Piney Orchard homeowners is that homes in the community sold much quicker in 2015 than the year before. According to the RBI data, the average “days on market” for a home sold in Piney Orchard dropped 12 percent in 2015, from 66 days to 58 days, from 2014.

Of course, as always, homes that are priced at market value sell much faster than those priced above market value.

Of the 202 Piney Orchard homes sold last year, 111 were sold to buyers who used conventional financing, 46 were sold to buyers using VA financing, 25 were sold to buyers using FHA financing and 16 were sold to buyers paying cash.

Of the 202 Piney Orchard homes sold last year:

- 7 were two-bedroom properties;

- 99 were three-bedroom properties; and

- 23 properties had four or more bedrooms.

Seventy-eight Piney Orchard condos sold in 2015, for an average price of $231,804.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship of Maryland (1216 Annapolis Rd., Odenton, MD 21113.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his website (www.JerryKlineRealtor.com) or blog (http://jerryklinerealtor.com/about/jerrys-blog/).purchase cialis ireland