Sold in Odenton's Seven Oaks Neighborhood!

This lovely end-unit townhome located at 130 Militia Place in Odenton, Maryland, was recently sold for $410,000 by Jerry Kline, Realtor, Keller Williams Flagship of Maryland.

There are no two ways to say it: John & Tori simply outgrew this house. It was time to find a larger home in a better school district for their kids, and the couple contacted Jerry Kline to help them sell their Odenton townhome. After 5 days on the market and receiving multiple purchase offers, the home sold for $410,000.

In terms of decor and upgrades, the house was Pottery Barn perfect. A host of buyers flocked to see the renovated kitchen & bathrooms and updated flooring & appliances.

The updated kitchen of 130 Militia Place in Odenton, Maryland. The home was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland.

Recent updates to the home include: a new roof (2021); new carpeting (2023); a new microwave oven (2022) & refrigerator (2023); a new washer & dryer (2021); new gutters & exterior trim (2023); new sliding doors to the deck (2020); new backyard sod & a rock garden (2022); and a Ring doorbell camera (2019).

The renovated master bathroom of 130 Militia Place in Odenton, Maryland. The home was recently sold for $410,000 by Jerry Kline, Realtor, Keller Williams Flagship of Maryland.

Odenton is directly adjacent to the thriving Fort Meade U.S. military complex, which includes the National Security Agency and the U.S. Cyber Command. Fort Meade is the U.S. Army’s second largest installation, and many of the post’s 64,000 employees live in the greater Odenton area.

If you or someone you know is looking to buy or sell a home in the central Maryland area, contact Jerry Kline with Keller Williams Flagship today!

Odenton’s Supply of Homes for Sale is Critically Low

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.

5 Odenton Single-Family Rentals Available Right Now

Need the space and privacy of a single family home, but not in the market to buy? Check out these five single family rental homes currently available right here in Odenton:  

1246A Breitwert Avenue (Bonaventure)

Homes for rent in Odenton

Monthly Rent: $2,000

No. Bedrooms: 3

No. Bathrooms: 2.5

Garage: No

Basement: Yes

Approximate Square Feet: 1,681

510 Oakton Road (Bonaventure)

Homes for rent in Odenton

Monthly Rent: $2,300

No. Bedrooms: 4

No. Bathrooms: 3

Garage: No

Basement: Yes

Approximate Square Feet: 1,280

2404 Almhouse Drive (Seven Oaks)

Homes for rent in Odenton

Monthly Rent: $2,750

No. Bedrooms: 4

No. Bathrooms: 3 Full, 2 Half

Garage: 1 car

Basement: Yes

Approximate Square Feet: 2,192

8502 Summershade Drive (Piney Orchard)

Homes for rent in Odenton

Monthly Rent: $3,500

No. Bedrooms: 5

No. Bathrooms: 3.5

Garage: 2 cars

Basement: Yes

Approximate Square Feet: 3,390

700 Thornwood Drive (Piney Orchard)

Homes for rent in Odenton

Monthly Rent: $3,500

No. Bedrooms: 5

No. Bathrooms: 3.5

Garage: 2 cars

Basement: Yes

Approximate Square Feet: 3,424

For more information on these rental properties, click here:

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=4021770XPX7X&p=DE-323776375-453

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.

Odenton’s Seven Oaks: Home Sales Down 40 Percent from Last Year

Seven Oaks homes for sale

Year-to-Date Figures Show Odenton Housing Market Flourishing Even as Seven Oaks Sales Lag

Sales of residential properties in the Odenton community of Seven Oaks were down 40 percent for the first three months of 2016, even while home sales in the rest of Odenton were up sharply.

Figures recently released by RealEstate Business Intelligence (RBI) show that 18 homes sold in Seven Oaks through March of this year while 30 homes sold during the same period in 2015.

Sales of detached, single family homes in Seven Oaks were down 57 percent from last year, while sales of townhomes, duplexes and condominiums in the community were down 35 percent.

In contrast, in Odenton as a whole, sales were very strong (http://jerryklinerealtor.com/odenton-home-sales-explode-march/). 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 in March dropped 10 percent from March 2015, to 70 days.

It’s unclear why home sales in Seven Oaks are not tracking more directly with those of Odenton as a whole. It is one of several popular residential communities surrounding the burgeoning Fort Meade military complex.

RBI data show that availability of Seven Oaks homes is not a problem -- the number of homes actively listed for sale in the community in March 2016 (21) is roughly the same as it was in March 2015 (18). But those homes are not selling as briskly as last year.

Not all news for Seven Oaks home sellers was bad, however. The median price of a home sold in the community so far this year increased 2.3 percent over last year. Also, the amount of time needed to sell a home in Seven Oaks dropped significantly over last year, from 79 days to 41 days.

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.