The Eastport Real Estate Market: Homes For Sale, $750,000 & Under
March 4th, 2009 Categories: Buyers, Neighborhood Sales & Stats, Sellers
17 Homes Active, 2 Under Contract, and 9 Sold in the Last 90 Days
Last week I posted market information for homes $750,000 and up in the Eastport, which you can find here. As you may know, Eastport is the peninsular neighborhood of Annapolis more-or-less circumscribed by Spa Creek to its north, back creek to the south, and the Severn River at its tip.
It’s an eclectic neighborhood, with million dollar homes and modest bungalows often coexisting side-by-side – an arrangement that seems to suit the citizens of Eastport just fine, thank you.
Things are changing, of course. Every year, more and more of the old bungalows are being renovated or torn down and replaced by modern homes. But still, Eastport holds onto its charm and friendly, small town feel.
The Eastport Market in a Snapshot
Of the 17 active properties in this price range, the average days on market is 267, with an average list price of $510,394.
Please note that the average days on market includes one home on Chester Ave that has been listed for 1,222 days. The most recent active listing, on Jefferson St, has been on the market for 6 days.
Two homes are under contract, including one on Moss Haven Court listed at $649,500. It’s around the corner from a lovely home we have listed on Boucher Ave.
Average days on market for the nine Eastport homes in this price range that sold in the last 90 days was 164.
Our Boots-on-the-Ground Analysis of the Eastport Market
Of the many areas around Annapolis where we sell homes, the Eastport market is always a big draw. Our open houses here are well attended and buyers come here with the understanding that Eastport is a vibrant, diverse neighborhood featuring unique homes in a wide range of prices.
Even in the tentative market that we’re in, we feel as if the demand for competitively priced homes in Eastport will remain strong.
Sign Up for our Eastport Hot List
Are you watching the Eastport real estate market? Keeping an eye on the homes for sale in Easport? Then sign up for our free Eastport Hot List, from which this data was taken.
Email me at kenhaedrich@gmail.com and we’ll set you up to receive automatic email updates each time an Eastport home comes to market, goes under contract or is sold. It’s an easy way to keep on top of things.
And if you have an Eastport home to sell, email or call me at 410-507-7222 and I can show you how we use our jumbo marketing toolbox and the latest technology to get our Eastport clients’ homes sold.
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