Monday, July 21, 2014

Check Out my Latest Zillow Reviews!

I can't thank my clients enough for all the kind words! It means so much to me that I was able to help you with your home buying and selling journeys.





Friday, July 11, 2014

Home Sales on the Rise!

Baltimore-area home sales rise in June


Things are going well here in Baltimore- at least in the Real Estate world. Number of homes sold, number of homes on the market and sales price of homes have all increased since last year.



Here are the highlights from RBI's report:

"Increase in closed sales driven by single-family detached homes and townhomes.  There were 3,154 closed sales in the Baltimore Metro Region in June, which is 2.8 percent, or 86 sales, higher than last year.  This is the highest level for any month since June 2007."

"Highest June-level [prices] since 2008, driven by single-family detached homes and condo properties.  At $268,000, the median sales price in the Baltimore Metro Region was $5,250, or 2.0 percent, higher than last year.  This is the highest June-level in six years"

"Increased new contracts driven by single-family detached homes; highest June-level since 2005.  The number of new contracts signed in June increased from last year for the first time in five months.  There were 3,399 new contracts in June, 3.2 percent, or 105 contracts more than last year.  This is the highest June-level in nine years."

"Ninth consecutive month of year-over-year increases for active listings; highest number of active listings in over two years.  Active listings in the Baltimore Metro Region increased 22.2 percent, or by 2,485 listings, from last June to 13,677 listings.  This is the ninth consecutive month of year-over-year gains for this indicator and the highest level of any month in over two years."

"New listings have increased from the prior year for 15 consecutive months.  There were 5,156 new listings in June, increasing 19.8 percent, or by 852 listings from last year.  New listings are now at their highest June-level since 2007."
Read more here and here.

Thursday, July 3, 2014

Housing Inventory Snapshot

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.


Housing Inventory SnapshotJune 27, 2014
 Average List Price for active listingsMedian List Price for active listingsAverage DOM: for active listings/ for sold listings
Allegany County, MD
Single Family under $180K$98,124$94,900201  / 191
Single Family over $180K$289,621$259,000183  / 92
Condo/Townhome under $300K$103,594$94,500267  / N/A**
Anne Arundel County, MD
Single Family under $500K$331,224$335,000105  / 111
Single Family over $500K$974,897$719,000132  / 121
Condo/Townhome under $300K$188,807$214,500110  / 100
Condo/Townhome over $300K$422,952$375,99083  / 107
Baltimore City, MD
Single Family under $500K$206,652$195,000109  / 104
Single Family over $500K$971,111$675,00093  / 98
Condo/Townhome under $300K$113,973$99,000120  / 118
Condo/Townhome over $300K$487,900$399,00085  / 99
Baltimore County, MD
Single Family under $500K$259,416$239,900106  / 108
Single Family over $500K$880,558$675,000113  / 100
Condo/Townhome under $300K$124,891$118,900113  / 114
Condo/Townhome over $300K$466,591$399,00077  / 95
Calvert County, MD
Single Family under $500K$310,872$314,900134  / 139
Single Family over $500K$732,306$609,900152  / 118
Condo/Townhome under $300K$229,175$231,900174  / 142
Condo/Townhome over $300K$377,476$343,900251  / 242
Caroline County, MD
Single Family under $500K$200,250$189,900206  / 162
Single Family over $500K$791,150$750,000188  / N/A**
Carroll County, MD
Single Family under $500K$327,877$329,90099  / 117
Single Family over $500K$730,919$639,000135  / 104
Condo/Townhome under $300K$171,885$161,00095  / 110
Condo/Townhome over $300K$348,729$344,99036  / 159
Cecil County, MD
Single Family under $500K$265,556$259,900148  / 130
Single Family over $500K$835,131$695,000185  / 181
Condo/Townhome under $230K$147,552$148,000109  / 157
Condo/Townhome over $230K$273,176$249,900160  / N/A**
Charles County, MD
Single Family under $500K$317,571$328,000121  / 122
Single Family over $500K$799,891$639,000174  / 151
Condo/Townhome under $300K$183,730$189,90097  / 154
Dorchester County, MD
Single Family under $500K$176,142$149,900205  / 134
Single Family over $500K$1,135,109$774,000219  / 105
Condo/Townhome under $200K$126,350$144,900152  / 94
Condo/Townhome over $200K$328,600$274,500225  / N/A**
Frederick County, MD
Single Family under $500K$323,261$329,900103  / 101
Single Family over $500K$750,198$629,000117  / 88
Condo/Townhome under $300K$212,419$224,90066  / 77
Condo/Townhome over $300K$412,146$374,99069  / 84
Garrett County, MD
Single Family under $500K$206,846$174,900188  / 248
Single Family over $500K$937,091$789,000284  / 309
Condo/Townhome under $300K$219,222$225,000375  / 61
Condo/Townhome over $300K$449,986$367,000162  / N/A**
Harford County, MD
Single Family under $500K$318,853$325,000103  / 129
Single Family over $500K$730,013$610,000181  / 148
Condo/Townhome under $300K$178,323$180,00087  / 113
Condo/Townhome over $300K$408,966$369,990180  / 103
Howard County, MD
Single Family under $500K$377,823$385,00073  / 99
Single Family over $500K$819,789$709,900114  / 89
Condo/Townhome under $300K$213,571$225,00070  / 88
Condo/Townhome over $300K$416,117$396,35046  / 87
Montgomery County, MD
Single Family under $1M$566,460$539,00081  / 77
Single Family over $1M$1,931,439$1,575,000104  / 85
Condo/Townhome under $600K$305,635$299,00064  / 89
Condo/Townhome over $600K$1,015,644$719,00070  / 73
Prince Georges County, MD
Single Family under $500K$303,040$298,00096  / 119
Single Family over $500K$707,783$604,900134  / 101
Condo/Townhome under $300K$153,877$155,000127  / 136
Condo/Townhome over $300K$442,524$389,90083  / 72
If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
Sincerely,
   Magan Marie Drane, Realtor®, ABR®
Relocation Expert
Direct (410) 493-6854
Office (410) 235-4100
Magan@MaganDrane.com
www.magandrane.com
Coldwell Banker Residential Brokerage 
Listing Agent  &  Buyers Agent Since 2005

Tuesday, June 24, 2014

Summer Events

Plenty of chances to get out and enjoy Baltimore!

Independence Day- Friday, July 4, Nationwide
Plenty of ways to celebrate in Baltimore. Watch fireworks at the Inner Harbor.

Artscape- Friday, July 18 through Sunday, July 20
Station North Arts & Entertainment District, Bolton Hill, and Mount Vernon

Maryland State Fair- Friday, August 22 through Monday, September 1
Timonium Fairgrounds

Star Spangled Spectacular- Saturday, September 6 through Tuesday, September 16
Citywide- Downtown (Inner Harbor)
Celebrate the 200th anniversary of the National Anthem. Tall ships and the Blue Angels.

HampdenFest- Saturday, September 13, 11 a.m.-7 p.m.
36th Street (The Avenue)



* Information from- http://baltimore.about.com/od/eventsfestivals/

Monday, June 23, 2014

Now on the Market!

Here we go- I've got two more new listings.

405 South Washington Street
Fells Point
Unique Tranquil Retreat in the heart of the city! Imagine incredible water views on your rooftop deck and entertaining on your patio looking out to the HUGE grassy backyard- this isn’t your typical row home! Beautifully renovated kitchen with slate floors, granite countertops, and stainless steel appliances. Exposed brick and wood beams, vaulted ceilings, wood floors, built-in bookcases and you can’t beat this location!

AND:
.
2613 Guilford Avenue
Charles Village
Original charm with modern updates, this spectacular Bow Front is in the heart of Charles Village! Beautiful wood floors throughout. Fully fenced, HUGE backyard with deck and upper balcony. Eat-in-kitchen and separate large dining room. Replacement windows ‘12, **Central Air**, NEW roof in ‘13, repointed front of house in ‘13, NEW sewer line ‘13, NEW water heater ‘11, boiler ‘08, Brand new dishwasher. Wow, move in and simply enjoy all this home has to offer in this convenient location!



Magan Drane, Realtor®, ABR®
Coldwell Banker Residential Brokerage
Roland Park Office 38 Village Square
Office: 410-235-4100
Cell: 410-493-6854
magan@magandrane.com

Wednesday, June 4, 2014

Open House this Saturday!

Convenient. Charming. Updated. Affordable.
And with Lots of Baltimore Character!

Come by this Saturday- June, 7th from 1pm-3pm for an Open House at this truly beautiful home. This immaculate porch-front stunner sits far back from the street. An urban oasis over-flowing with charm! Gorgeous interior arches, original wood floors, open floor plan and freshly painted. Boasts replacement windows, custom exterior doors, slate-tiled front porch, 4 years new boiler, brand new water heater and more ~ WOW ! Relax on the covered back porch overlooking the lush, fenced yard and urban garden. This magical home is perfect for entertaining. 
Lucky guests, lucky you!

Convenient to all Hampden has to offer! Shopping, restaurants and parks. Close to JHU. 
Hop on and off I-83 in minutes.

See all the information here: www.4295Falls.com

Can't make it Saturday? No problem. Contact me to set up a showing-
magan@magandrane.com
410-493-6854

Own Your Own Piece of Canton

2918 Hudson Street is currently available and awaiting the perfect buyers! This unique property has so much to offer with 3 levels of living space to make your own. 3 bedrooms and 2.5 baths in the heart of Canton with rustic charm. Walk into this home and cozy up to the living room fireplace, entertain in spacious kitchen/dining space with a built-in bar. First floor flows from living room to kitchen, with a convenient half bath, and leads out to your private patio. Up the stairs on the second floor you will find a full laundry room, two bedrooms, and a renovated full bath. Third floor is your master retreat--master bath with jacuzzi tub and spacious bedroom with gorgeous exposed beams and brick. Finally, you'll walk out to the tiered deck with BREATHTAKING city views!
Convenient to everything Canton and downtown Baltimore has to offer!
-Steps from Canton Square
-Just south of Patterson Park
-Convenient to Fells Point, Harbor East, and Downtown
-Tons of restaurants and shopping
-New Canton Crossing shops 

See all the photos here: 








Contact me for more information. I'm here to answer your questions!
magan@magandrane.com
410-493-6854