Towson 21286 Home Sales October 2012

The Towson 21286 zip code saw another increase in home sales in October 2012, when compared to October of last year.

Home sales in 21286 for October totaled $3,759,900 which is up 12.07% from the same point in 2011. It is down from the higher average in September 2012 21286 Home Sales, but that is an often expected seasonal drop. The average sales price was up slightly to $313,325 from $305,009 last October, but that number is up from last month!

Twelve homes sold in October, and the average time it took to sell was 118 days, which is an increase over last year, when it took, on average, about three months to sell. Three homes took more than six months to sell, but one sold the day it came on the market, and another two sold within 20 days.

An interesting anomaly, and I am not sure what to make of it, all 12 homes that sold used Conventional financing. No cash deals, no VA, no FHA. Interesting, and I’d love to know why.

In any case, there were 73 homes for sale in 21286 in October, and 32 of them new to the market that month.  Twenty-four homes went under contract.

Here is a more detailed report for 21286 home sales October 2012.

Towson has a wide variety of homes, even in the 21286 zip code. There are many types of single family homes as well as townhouses and condos. Each Towson neighborhood is different! The average sales price can vary widely depending on which type of homes and what areas sold. Contact me for more details about your Towson house value. I would love to be of assistance to you!

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