Towson has held value over the volatile last few years.
Average sales price was actually UP in 21286 to $330,255 from $246,288 last December. Sales were down slightly, with only 11 homes changing hands versus 15 last year, but that makes the average price even more significant.
Three townhouses in Towson sold with an average price of $181,667, but again, just one foreclosure or short sale could bring the average down tremendously when so few homes sold.
Eight detached homes sold, with an average sales price of $385,975. This tells me that the homes sold were most likely in Towson neighborhoods like Hampton, Wiltondale, Temfield, or Hunt Crest Estates.
Here is the detailed 21286 home sales report for December 2011.
Towson 21204 has also held its’ value, and had a good December, as I wrote in my Towson Patch post.
For more information on your Towson house value, contact me. I’d be happy to help!