21093 Home Sale Statistics November 2010

The Lutherville-Timonium zip code of 21093 did not fare very well in home sales for November 2010 versus the same time last year.

Sales were down 43.86% with only a little over $8 Million selling, versus over $14M last year. Average Timonium home sale prices were down 7.15% from $340,288 to $315,967. Here is the report.

The good news is that the days on market also dropped from 120 last November to 84 this one.

This was very different from the two Towson zip code statistics. 21204 had a jump of 44% in sales price while 21286 had an over 9% increase in price.

Timonium house prices have had a rough year with prices, and I am hoping to see a better year for the area in 2011.

Timonium Home Sales Statistics October 2010

Timonium home sales statistics for October 2010 were a marked improvement over September!

September’s 21093 houses sold were down 31% over 2009. October showed an 11.08% drop, with 26 homes settling, but prices were up 9.44%!

30 Timonium homes went under contract last month, and 52 houses came on the market.

The Real Estate Business Intelligence report also shows that the average days on the market dropped 43.84% from a high last year of 146 days to sell down to 82 in October 2010. Sellers are also getting, on average, 91.33% of their asking price, up from 90.60% this time last year.

Each Timonium neighborhood is different so know that even in a shared zip code, statistics are very local.

For an individualized Timonium home price analysis, contact me today!

Timonium Home Sale Statistics September 2010

Timonium home sale statistics were down for September 2010 compared to 2009. This bucked the trend set by Towson home sales and Hunt Valley home sales for the same time period.

Timonium had a 31.51% drop, down about $4.5 Million from last year. The number of units dropped a correlating 33.33% down to 30 from 45 in September 2009. The good news is that the average sales price was up 2.73% to $324,260 from $315,636, and average days on market was down to 100 days on market from 122 last year.

There were 63 new homes listed and 27 went under contract in the 21093 zip code in September.

For a detailed Timonium market analysis of your home, contact me today. I would be happy to help!

Timonium Home Sales Statistics February 2010

Timonium houses have dropped a little in value over the past year — with average 21093 home sales remaining in the low $300,000′s from February 2009-February 2010.

Sold values dropped 10% from February 2009 to $310,000, but under contract was up 1%. Also to note is that there were 34 that settled this February over only 18 last year at the same time.

List prices are down from $349,000 last year to $340,000 this year.

Considering the multiple blizzards we had in one week in February, these numbers are much better than they could have been!

View the February 2010 Timonium Home Sales Report.

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 Timonium home or Lutherville neighborhood, these factors need to be taken into consideration. If you would like a Lutherville or Timonium home price evaluation, please contact me today.

Timonium Home Sale Statistics Past Six Months June-December, 2009

My compilation of the 21093 real estate market statistics for the last six months are here!  The full chart in the link includes data on sales, contract, and active homes from June 22-December 6, 2009.

 

The full chart shows that prices and inventory have stabilized in the Lutherville and Timonium real estate market. There are 4% more houses on the market in the past 12 weeks compared to the 12 weeks prior, but prices have dropped for those sold a small amount — around 2.4%. The prices of houses going under contract have dropped about 5%.

Consistently, there have been about 200 homes for sale in 21093, while on average 9 of those homes are going under contract each week (and 9 new ones listed on average, evening it out). An average of 9 are also settling each week.  There is a large inventory for Timonium homebuyers, so now is the time to buy!

These 21093 home sale statistics show me that pricing correctly is extremely important, to be able to be one of those 9 selling each week. Having your home in move-in condition, and good marketing are also needed in this Lutherville 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 Timonium home or Lutherville neighborhood, these factors need to be taken into consideration. If you would like a Timonium or Lutherville home price evaluation, please contact me today.

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