Cockeysville Home Sale Statistics December 2011

Cockeysville home sales were down over 31% from December 2010 with $2,200,000 in real estate changing hands last month versus $3,192,099 the same period last year.

Eight homes sold in December versus seven in 2010, so the lower average sales price is most likely due to a very large sale in December of 2010, which December 2011 did not have.

The average sales prices for townhouses was up to $300,000 versus $236,000 the year prior, but the year prior only had one attached home settle in that month.

As I mentioned in my post about the October 2011 home sales in Cockeysville, 21030 (which encompasses both Cockeysville and Hunt Valley) does not have many sales each month, so even one or two of the smaller condos or townhouses in Cockeysville instead of a larger Hunt Valley townhouse sale can make a big difference in what the statistics show us.

Here is the detailed report on 21030 home sales for December 2011.

For a better picture of your Hunt Valley house value, please contact me. I would love to help!

Cockeysville Home Sale Statistics October 2011

The Cockeysville home sale statistics for October were down a significant amount from October 2010.

The total sold dollar volume was down over 30%, and the average sales price was down 10%.

Seven houses changed hands, two less than October last year.

The biggest difference is the sales prices for attached homes — down 44.30% to an average of $158,000 vs $285,000 last year.

Cockeysville and Hunt Valley neighborhoods are very different, and Cockeysville has a few condo communities which count in the “attached” home sales statistics. 21030 does not have many sales each month, so even one or two of the smaller condos or townhouses in Cockeysville, versus the larger Hunt Valley townhouses can make a big difference in what the statistics show us.

Here is the detailed 21030 home sale report for October 2011.

Be sure to contact me to find out more about what is happening in your Hunt Valley neighborhood. I would love to help!

Hunt Valley Home Sale Statistics August 2011

Hunt Valley home sales were down in August 2011, in line with drops seen in much of the Baltimore real estate market.

Total sold volume was down 37.40% to $6,125,080 from a high last August of $9,784,500. It is very interesting, and makes me look at the statistics more carefully, that only two less homes sold (18 vs 20 last year).

This means that higher priced homes moved more last August than this August, as average sales price dropped 30.44% to $340,282 from the average of $489,225. One Cockeysville condo sold for under $50,000, which could have a large part of that % drop.

The good news is that more homes went under contract his August than last year this time, with 14 new pending contracts, and a total of 19 under contract. There are a 101 active homes for sale in 21030.

See the full August 2011 Cockeysville home sale report here.

As you can see, when there are not many sales in an area, the whole zip code’s value can be brought down a significant amount by just one low sale. This is why it is important to get a true view of your neighborhood, and not rely on general statistics. Contact me for a deeper look at your Hunt Valley house value!

Hunt Valley Home Sale Statistics July 2011

Hunt Valley home sales had an incredible July with a over 95% increase in homes sold over the same month last year!

This is a terrific bounce back from June Hunt Valley home sales, which had seen a 40% drop.

Total sold volume was over $12 million with 9 more detached homes sold this July over last.

The average sales price was down for both Hunt Valley townhouses and single family homes. This is a trend we are seeing across the Baltimore real estate market, with many more sales happening, but with lower prices dominating.

29 houses came on the market, and 24 went under contract. There are currently 106 houses for sale in Cockeysville/Hunt Valley.

See the full July 2011 Hunt Valley home sale report here.

Each neighborhood in Cockeysville and Hunt Valley is different, and can drive average home sales prices up or down depending on where sales happen. Be sure to contact me to find out more about what is happening in your Hunt Valley neighborhood. I would love to help!

Hunt Valley Home Sales Statistics June 2011

Hunt Valley saw a large drop in total home sales, and a decent percentage in average sale price for homes in June.

The 21030 zip code, which branches both Cockeysville and Hunt Valley, saw a 44.40% drop in total sales in June 2011 versus the same period last year, down to $7,109.497 from a high of $12,786,900 in 2010. The number of sales dropped from 26 to 17 as well.

Average sold price was down 14.96% from $491,804 last year to $418,206 this year. This could be partially due to location within the 21030 zip code, as some areas draw higher prices than others. Townhouses actually averaged higher than last year, while detached homes’ average dropped from $674,467 last year to $500,682 this year.

25 new homes came on the market in June, making for a total of 101 active listings for sale in Cockeysville. 18 homes went under contract.

See the full June 2011 Hunt Valley house sale report here.

Each neighborhood location within 21030 is different. Though this is an overview of the zip code, your area of Cockeysville may be different! For more information on your Hunt Valley neighborhood, please contact me. I know the areas (both large and small) well!

21030 Home Sale Statistics May 2011

Cockeysville and Hunt Valley showed similar statistics as the rest of the Baltimore Metro area in terms of a downturn in sales for May 2011 versus May 2010.

21030 had a 28.97% drop in sales volume, from $6,942,400 last year to $4,931,450 this May. Average sales price dropped as well, from $408,376 last year to $328,763 this year. Only 2 less houses sold than May last year, and the good news is that the days on market dropped to only 98 average days to sell versus 161 last year!

Two more detached homes sold this year, but the average price was much lower, indicating the Cockeysville single family homes sold were in different neighborhoods than those last year.

Half as many townhouses sold as last May, only four versus last May’s eight. The average sales price was up about 4.79%.

See the full May 2011 Cockeysville home sale report here.

Each neighborhood within 21030, whether in Cockeysville and Hunt Valley is different. Though this is an overview of the zip code, your neighborhood may be different! For more information on your Hunt Valley neighborhood, please contact me. I know the area well!

Hunt Valley House Values October 2010

Hunt Valley house values for October 2010 were on the rise, showing good signs for recovery in the fourth quarter of the year.

Though two less homes settled from the same time last year, average Hunt Valley house values were up 14.64% from $336,862 in October 2009 to $386,167 this October. This is the second month in a row of increasing home sales prices in Hunt Valley!

Also getting better is the average amount of time it takes to sell a home in Hunt Valley — down to 47 days from a high of 161 days in 2009, a drop of 70.81% from this month last year. Great news for homeowners wishing to sell — less hassle because their house is on the market for less time — and their values, in general, have risen!

There are a few factors that could create a false positive in the 21030 zip code, one major one being that many foreclosures had been halted due to the “Robo-signing” controversy, and though Maryland was not one of the states where the lawsuits were filed, while the banks were figuring out the issues, they stopped things in their tracks.

Add onto that the natural yearly slow down of active foreclosures heading into the holiday season, plus the election year, and you have good reasons why it could possibly have looked better than it truly is.

I like to think on the bright side, and view it as the Hunt Valley housing market at the beginning of recovery, but I am cautiously optimistic at this point. I will be following the trend over the next few months, and see how January and February shape up for the 2011 market.

For more Hunt Valley real estate needs, make sure to contact me!

Cockeysville Home Sale Statistics February 2010

Cockeysville houses that sold in February 2010 were up 40% over February 2009 from an average sales price of $203,000 last year up to $284,450.

Under contract prices are down 19% over last year at this time to $300,000 from $372, 450.

For sale is down 5% to $339,900 from $359,900 last year.

There were 97 homes for sale in 21030, 9 under contract, and 10 sold in the month of February.

These numbers are fairly good considering the mutiple blizzards and snowstorms we had in the month, slowing the market down tremendously!

View the Cockeysville Home Sale Statistics for February 2010.

Please note that these are statistics from the multiple list. The chart is an overview of the zip code and does not take into account the type (condo, townhouse, single family) or condition of the home. To have a true value understanding of your Cockeysville home or Hunt Valley neighborhood, these factors need to be taken into consideration. If you would like a Cockeysville or Hunt Valley home price evaluation, please contact me today.

Hunt Valley Home Sales Statistics Past Six Months

My compilation of the 21030 real estate market statistics for the last six months are here!  The full chart includes data on sales, contract, and active homes from June 22-December 6, 2009.

What the full chart shows is that prices and inventory really have stabilized in the Cockeysville and Hunt Valley real estate market. There are a few spikes, but in general, the past six months have been fairly even. Prices have actually risen by about 12% in the past 12 weeks compares to the prior 12, but the number of houses going under contract have dropped about 10%.

Consistently, there have been about 100 homes for sale in 21030, while on average only 3-4 of those homes are going under contract each month, and only 2-3 are settling each month.  There is a large inventory for Cockeysville homebuyers, with an average of only about 3% of listed homes going under contract each month.

These 21030 home sale statistics show that pricing correctly, having the home in showplace condition, and good marketing are imperative in this Hunt Valley housing market.

Please note that these are statistics from the multiple list. The chart is an overview of the zip code and does not take into account the type (condo, townhouse, single family) or condition of the home. To have a true value understanding of your Hunt Valley home or Cockeysville neighborhood, these factors need to be taken into consideration. If you would like a Hunt Valley or Cockeysville home price evaluation, please contact me today.