Free Rent in Odenton for Two Months? Yes!!

Are you looking for a rental unit in Odenton? Contact me right away to learn how you can move into a BRAND NEW luxury apartment just steps from the Odenton MARC commuter station -- and get two months rent FREE!

The Village at Odenton Station offers tons of wonderful ammenities and is the perfect place to live if you commute to Baltimore or Washington, D.C., for work.

A typical kitchen at The Village at Odenton Station

For a limited time, I can get you free rent for two months in this wonderful new residential/retail complex. But you MUST MOVE IN ON OR BEFORE JULY 31st!!

The Village at Odenton Station features a 24-hour fitness center, a clubhouse with kitchen, a theater room, pool access at a sister community in Piney Orchard and a host of other amenities.

Call me at (443) 924-7418 or email me at JerryKline@kw.com for more information today!

Home Prices Up Across the Board in Severn Last Month

New numbers show the second consecutive month of significant growth for the Severn housing market.  

The average price for homes sold in Severn last month rose 15 percent over May 2011, according to the latest market statistics issued by the Metropolitan Regional Information System (MRIS).

 

MRIS figures show that the average price for detached homes in Severn increased 15 percent to $381,930. The average price of attached homes, such as townhomes, duplexes and condominiums, spiked 46 percent to $183,593.

 

Four attached units sold in Severn last month, while 27 detached homes sold. The 31 total homes sold in zip code 21144 were 19 percent more than during the same period last year.

 

There were several other positive housing market stats for Severn as well. The “average days on market,” a figure used to track how long it takes a home to sell, dropped 17 percent, from 103 days in May 2011 to 86 days last month. Additionally, the amount of “for sale” home inventory in Severn was down 20 percent year over year, dropping from 178 properties in May 2011 to 142 homes last month.

 

The MRIS numbers show the second consecutive month of significant growth for the Severn housing market. Much of the growth stems from the continued demand for housing in the areas surrounding Ft. Meade and Arundel Mills Mall.

 

The full MRIS housing statistics report for Severn is available at:

http://www.rbintel.com/statistics/zip-code-report?zip=21144

 

 

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.

14 Homes for Rent Near the Odenton MARC Station

Living here means you can fall out of bed and jump on a train Many local residents who work in Baltimore and Washington, D.C., dramatically shorten their commutes -- and boost their sanity -- by taking the MARC commuter train into D.C.’s Union Station or Baltimore’s Penn Station. The most fortunate MARC riders live close to their local MARC station, like the one in Odenton.

So what sort of Odenton rental housing allows you to hop out of bed and jump on a train for work? There are a host of new and existing apartment communities in Odenton, like the Village at Odenton Station, the Haven at Odenton Gateway, Shelter Cove Apartments and others. But if you’re looking for a larger home or a home with a yard, there also are myriad townhouses, duplexes and detached homes to rent.

Here’s a current summary of 14 non-apartment rental properties within 1.5 miles of the Odenton MARC station.

Rent                   Address                                      Type              BRs       BAs     GAR

$1,350                 609 Realm Ct. W #16-101        TH              2       2.5       0

$1,600                 1305 Burlington Dr.                   Duplex      3         2          0

$1,700                 1332 Tenbrook Road                Duplex        4       1.5       0

$1,795                 2662 Rainy Spring Ct.                TH             3       3.5       0

$1,795                 2037 Astilbe Way                       TH             3       2          1

$1,800                 200 Royal Oak Ct. #52               TH             3       2.5       0

$1,850                 118 Militia Place                         TH              3       2.5       0

$1,850                 652 Chapelview Dr.                    Duplex      4       1.5       0

$1,900                 186 Goldsborough Dr. #45         TH             3       2.5       0

$1,900                 518 Meadowmist Way #5           TH             3       2.5       0

$1,950                 358 Mt Vernon Ave.                    Detached   3     2.5       0

$1,950                 524 Meadowmist Way                 TH            3       2.5       0

$2,100                 154 Leeds Creek Cir.                  Duplex      3       3.5       1

$2,600                 1554 Falling Brook Ct.                TH             4       3.5       0

If you’d like more information on any of these properties or you’d like to see one of them, contact me.

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.

A Look at Real Estate Activity in Odenton's Seven Oaks

Odenton’s Seven Oaks community is experiencing significant real estate activity so far in 2012, with 27 homes already sold, 11 currently under contract and another 24 homes actively listed for sale on the multiple listing service. Data provided by Metropolitan Regional Information Systems Inc. (MRIS) show that nearly all of the homes sold in Seven Oaks this year – 24 of 27 -- were townhouses. The remaining properties sold were two detached homes and one duplex.

In terms of homes currently for sale but not under contract, 15 of the Seven Oaks properties are townhouses, four are detached properties and four are duplexes. The list prices range from $199,000 for a townhouse at 1924 Gardenia Court to $405,000 for a single family detached colonial at 311 Ammunition Ave.

For the Seven Oaks homes that have sold this year, prices vary from $180,000 for a contemporary townhouse at 201 Royal Oak Court to $390,000 for a detached colonial at 1950 Artillery Lane. (Another $8,399 was paid by the seller to the buyer of the Artillery Lane house to help close the deal.)

According to MRIS, 13 of the 24 homes actively for sale in Seven Oaks have been on the market less than 30 days, meaning that more than half of the community’s properties currently for sale were put on the market during the peak spring season. Seven of the 24 homes have been on the market between 30 days and six months, two have been on the market between six and nine months, and two have been on the market nine months or more.

Of the 27 Seven Oaks properties that have sold this year, seven were on the market 30 days or less. Thirteen of the properties were on the market between 30 days and six months, three were on the market between six months and nine months, and four were on the market nine months or longer.

 

Distressed Properties

The MRIS numbers also show that a sizable portion of the homes sold in Seven Oaks this year – and those that currently are for sale -- were put on the market by homeowners in financial distress. Of the 27 homes already sold in the community in 2012, seven were listed as potential short sales and two were foreclosures. Of the 24 Seven Oaks homes currently listed as “active” on MRIS, 10 are potential short sales.

Certain streets in Seven Oaks have shown particularly high levels of real estate activity this year. They include the following:

 

No. of Homes for Sale & Under Contract

Commissary Circle (5 Homes)

Canteen Circle (3 Homes)

Scaffold Way (3 Homes)

Ammunition Ave (2 Homes)

Knapps Way (2 Homes)

 

No. of Homes Sold in 2012:

Commissary Circle (5 Homes)

Artillery Lane (2 Homes)

Bulrush Court (2 Homes)

Conquest Way (2 Homes)

Pinecove Ave. (2 Homes)

 

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.