December 2011 showed another increase in sale for the Lutherville Timonium area.
37 Timonium homes changed hands last month, versus 32 the December prior. Homes stayed on the market a bit longer, though, averaging 114 days to sell versus 81 days a year ago.
One home sold over $1M, so that could be a reason for the % to jump for many of the categories, but the good news is that the Timonium real estate market really seems to be stable, looking back at November Timonium home sales and much of last year.
14 homes came on the market last month, and there were a total of 137 homes for sale in 21093. 34 homes went under contract, which should hopefully show a strong January and February for Timonium home sales!
Here is a link to the detailed December 2011 Timonium home sale report.
I’ve mentioned many times how Timonium and Lutherville homes are vastly different — neighborhood by neighborhood and often street by street.
For an idea of your Lutherville house value, contact me! I would be thrilled to help!