Timonium home sales in 2018 were down slightly from 2017.
The total volume of Timonium houses that sold in 2018 was $275,958,537, down .92% from the $278,532,621 volume sold in 2017.
The average sales price in Timonium was up — to $438,726 — up 6.32% from the $412,641 average we saw in 2017.
There were 629 Timonium homes that changed hands last year, down 6.81% from the 675 we saw sell in 2017.
It took an average of 68 days for a Timonium home to sell in 2018. The average days on the market dropped 5 days from the average of 73 it took in 2017.
There have been a lot more homes for sale in Timonium than have gone under contract and sold, as evidenced by the graph at the left. The graph above shows that the average list-to-sales price ratio is very good – homes in Timonium sold for an average of 96.7% of their list price last year.
In general, the Timonium real estate market fared very well in 2018!
View this link for a more detailed report on 21093 home sales in 2018. (All data care of 2019 MarketStats by ShowingTime. Data Provided by MRIS as of January 4, 2019.)
Please keep in mind that this is a very general overview of Timonium and Lutherville home sales for 2018.
The Lutherville-Timonium zip code of 21093 has a wide variety of both home types and neighborhoods. Homes in Timonium range from condos to small and large townhouses, small single family homes to very large detached homes.
For more information about your Timonium house value, please contact me. I would love to help!