Annapolis Real Estate
Annapolis is 300 year old town of 36,000 citizens. The real estate market is has a median price of $ 480,000 for a single family home and $ 318,000 for a condo. The breakdown between single family homes and condos is 85% to 15%.
So, who lives in Annapolis?
Power Singles
High-income urban singles.
Highly educated professionals, many with advanced degrees. They draw a handsome salary and have reasonable living expenses while living a hip, upscale life in an urban center.
Stable Nuclears
Higher-income urban family.
Middle-age couples with children, pulling in combined household incomes nearing six figures. Most own their own homes. Some have a college education and work in a variety of occupations, including management-level positions.
Ten-Hut!
Military personnel.
These people are enrolled in the armed forces.
Bright Lights, Big City
Very mobile singles living in the city.
Singles ranging in age from early 20s to mid-40s who have moved to an urban setting. Most rent their apartment or condo. Some have a college education and work in services and the professional sector.
Country Clubbers
Wealthy married couples with children.
These affluent families live a very comfortable life in the suburbs. More than 20% have a family income over $125,000. Most have earned a college or graduate school degree, and most own their homes.
George Matthews, CPA
A-1 Mortgage
866-949-8293 toll free
410-599-9700 local
