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!

11615 Silvermaple Ct – Hunters Run

11615 Silvermaple Ct is a single family home in Hunt Valley Station. *UPDATE: SOLD 8/31/11*

It is on the market for $524,000.

11615 Silvermaple is a four bedroom home with a possible 5th bedroom and full bath in the lower level.

It has a large screened in porch with cathedral ceiling, updated kitchen with stainless appliances, hardwood floors throughout the first floor, plus a family room off the kitchen with wood burning fireplace. According to the public records, the square footage on the upper two levels is 2,198, with an additional 1,132 square feet in the lower level. It is a Ryland built home on a cul de sac.

This Hunters Run Colonial has so much to offer.

Currently there are three other single family homes on the market in the Hunters Run neighborhood at 11513 Hunters Run Drive for $530,000 (now under contract), and 1110 Walnut Wood Drive for $619,900 (now sold), which has now gone under contract, and 1210 Maple Leaf Ct for $505,000.

For more information on 11615 Silvermaple Ct or other Hunters Run houses, contact me. I know the neighborhood well!

Listing courtesy of Marcus-Boyd Realty

1210 Maple Leaf Ct — Hunt Valley Station

*UPDATE: Withdrawn from the market 12/17/11*

1210 Maple Leaf Ct is a four bedroom single family home in Hunters Run.

1210 Mapleleaf Court is a Ryland built Colonial in Hunt Valley Station, and is on the market for $485,000. According to the public records, it has 2,064 square feet on the first two levels. It has hardwood floors throughout the first floor, including the kitchen.

Located on a cul de sac, off of another dead end street, there is no through traffic! I actually sold their neighbor’s house at 1212 Maple Leaf Ct in 2009!

Currently, there are three other Hunt Valley Station single family homes for sale at 11513 Hunters Run Drive, (which recently settled), 1110 Walnut Wood Drive, which also recently settled, and 11615 Silvermaple Court for $524,000, now sold/settled as well. Multiple homes in Hunters Run have sold in the past year, and a competitive market analysis can be run to show true value. The styles & builders vary, so there are many details that go into figuring value on these homes.

Contact me for more information on 1210 Maple Leaf Ct and Hunters Run homes. I know the community well!

Home Listing courtesy of Yerman, Witman, Gaines & Conklin.

1110 Walnutwood Drive – Hunters Run

1110 Walnutwood Drive is a beautiful Hunters Run house, and is on the market for $619,900. **UPDATE 7/26/11: SOLD!**

Located at the corner of Silvermaple, it has a convenient location & beautifully landscaped yard!

This is a Ryland “Calvert” model, the largest the builder built in the Hunters Run community.

Gleaming hardwood floors are showcased on the first floor, including the two story great room!

The owners have completely redone the kitchen, knocking out a wall and adding granite counters & beautiful cabinetry. This leads to the laundry room the garage.

The powder room right off the kitchen is nicely designed and tastefully done as well. The lower level has been finished with a bedroom and full bath, plus a recreation room!

Upstairs has been redone as well — the master bath has beautifully done tile work and marble.

This is a spectacular Hunt Valley Station house. Currently there are three other single family homes on the market in the Hunters Run neighborhood at 11513 Hunters Run Drive for $530,000, 1210 Maple Leaf Ct for $505,000, and 11615 Silvermaple Ct for $524,000.

For more information on 1110 Walnut Wood Drive or other Hunters Run houses, contact me. I know the neighborhood well!

Listing courtesy of Long & Foster Real Estate, Inc.

11513 Hunters Run Drive – Hunt Valley Station

11513 Hunters Run Drive is a four bedroom single family home in Hunters Run. *SOLD 8/15/11*

11513 Hunters Run Dr is a Faust-built Hunt Valley Station home with, according to the public record, 2,782 sq ft on the first two levels. It is listed for sale for $530,000.

The walk-out lower level has been finished with a fifth bedroom, full bath, and kitchenette.

This Hunters Run home has a fenced backyard, which is very unusual for the neighborhood. It has a nice, large deck off the kitchen as well with steps down to the fenced backyard.

Currently there are three other Hunt Valley Station single family homes for sale, one at 1210 Maple Leaf Court, listed for $505,000, another at 1110 Walnut Wood Drive for $619,900 (now under contract), and the third at 11615 Silver Maple Ct for $535,000.

Contact me for more information on 11513 Hunters Run Drive and other Hunt Valley Station homes. I know the neighborhood very well!

Listing Courtesy of Long & Foster Real Estate, Inc.

8 Wineleaf Ct – Hunters Run

8 Wineleaf Ct is a four bedroom single family home in Hunters Run. **UPDATE: SOLD 4/29/11**

8 Winleaf Court is a Ryland built Colonial in Hunt Valley Station, and is on the market for $555,000. According to the public records, it has 2,962 square feet on the first two levels. The walk-out lower level is finished with a full bath and partial kitchen!

Located on a cul de sac, there are only 8 houses on the street. I actually co-listed and sold their neighbor’s house in 2005!

Currently, there are two other Hunt Valley Station single family homes for sale at 11513 Hunters Run Drive, on the market for $550,000, and 1110 Walnut Wood Drive for $639,900. Multiple homes in Hunters Run have sold in the past year, and a competitive market analysis can be run to show true value. The styles & builders vary, so there are many details that go into figuring value on these homes.

Contact me for more information on 8 Wineleaf Ct and Hunters Run homes. I know the community well!

Home Listing courtesy of D&D Real Estate and Development

13 Ringleaf Ct Hunters Run

13 Ringleaf Court in Hunt Valley Station has returned to the market, and is a five bedroom home with two full baths upstairs, and a full bath on the lower level.

**UPDATE: This home settled 1/28/2011**

This is a Faust-built home in the Hunt Valley Station community. It is located on a court location, and is for sale for $565,000. I recently viewed this home, with its’ updated appliances, and nice exterior.

Currently, there are no other Hunt Valley Station single family homes for sale. Multiple homes in Hunters Run have sold in the past six months, and a competitive market analysis can be run to show true value.

Contact me for more information on 13 Ringleaf Ct and Hunters Run detached homes. I know the community well!

Home Listing courtesy of Lancaster Realty.

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!

Top Three of the Seven Reasons Why Now is a Good Time to Buy a Home

There are many good reasons to buy a home, and right now, there are seven that stand out, according to a new publication by Keller Williams Realty, my brokerage.

Below are three of the reasons (4&5 will be tomorrow, 6&7 the last day), and my take on each one:

1) Homes Have Never Been More Affordable. This is true! In much of the Baltimore real estate market, home prices took another dive in September. With interest rates at the lowest they have been in recorded history, plus low house prices, buyers can take advantage and save thousands of dollars in both cost and interest.

In 2006, when housing prices were at their peak, mortgage payments took, on average, 25.1% of monthly household income. That has dropped to 14.9% in 2010, allowing homeowners to keep 10.2% more money in their pockets each month.

2) Mortgage Rates are at Rock Bottom and Won’t Stay There Forever. As I mentioned in #1, rates are at an historic low. Never before in recorded history have interest rates been this low. They will not remain this way forever!

3) Prices are Trending Back Up. Across the US, after 30 months of heading towards the floor, prices, in general are heading back up. This is true in areas of Baltimore County, like Towson real estate and Hunt Valley real estate. Other areas still saw a drop in September 2010, but these areas saw inclines over the same period last year.

These are just the top three. There are four more to go!

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