According to Michael Hamby, Principal of The Hamby Real Estate Group of Champion Real Estate, the month of February 2008 saw the successful settlement of 71 properties in Annapolis. The most expensive, 442 FERRY POINT RD, ANNAPOLIS, MD 21403 (AA6425048) sold in 201 days and settled at $2,500,000. Located in the Wild Rose Shores Subdivision Contemporary 3BR, 5BA house offering 220 ft waterfrontage on Crab Creek / South River with 5′ MLW. Inground pool, pier (electric and water), lift and completely protected shoreline with bulkhead. Hardwood and ceramic flooring throughout.
When compared to 2007 it is a slight decrease in the number of homes sold. In 2007, 84 homes settled. The most expensive property last year was 1002 MELVIN RD, ANNAPOLIS, MD 21403 (AA5472759) it sold in 348 days and settled at $3,000,000. Described by the listing agent as: STUNNING ARCHITECTURAL GEM WITH MAGNIFICENT WATERVIEWS – One of Anndapolis Finest Addresses; Lush 1.22 Acres; Incredible Inground Pool w/Hot Tub; Private 110 ft. Pier; Poolside Kitchen; Open Floor Plan; Walls of Windows; Large Gourmet Kitchen w/Lots of Cabinets; Screened Sun Porch w/Southern Exposure; Master Suite w/Waterfront Deck; Finished Lower Level; Family Room w/Fireplace; Dramatic Ceiling.
The are currently 867 homes currently listed for sale in Annapolis. The most expensive home currently listed is 869 CHILDS POINT RD, ANNAPOLIS, MD 21401 (AA6595299) it is described by the listing agent as: Old world elegance w/ the finest attention to detail & historic accuracy to the times of Old England. The manor home features a library, elegant rooms, grand theater, fitness & billiard rms, & 8 fp’s. There is a storybook guest home w/2BR’s, lovely kitchen & bath, a tennis court, pool, docks w/ deep water slips, boat house, horse barn, 3-car garage/artist studio, 9+ acres, gorgeous views. and is currently listed at $13,900,000. Mr Hamby said “not to worry! While we do have some exceptional estates in Annapolis, we also have numerous opportunities for entry level, existing home owner and people searching for a second home.” The current median price in Annapolis is $547,500.
For a list of the 100 most recent properties listed for sale in Annapolis click the link below.
