Parkville home sale in July 2012 were up 25% over the same period last year!
Seventy-two homes sold, which is eleven more than July 2011. It took, on average, about 98 days to receive an acceptable contract, which was right on line from last year, where it took 92 days. The average sales price for the homes that sold was $179,530, which was up about 5.9%.
Just like Parkville home sales for June 2012, the biggest change is that there were 246 homes for sale in Parkville last month, while last July there were 412. That is an over 40% drop! The reason this is often good for home sellers is that less competition for buyers can often bring a better bottom line for sellers. This continues the positive trend we saw last month, and hope to see in the future!
Seventy-five homes came on the market in July 2012, while 72 homes went under contract. This is another good statistic for the 21234 zip code, because that means the inventory should hopefully continue to diminish, helping Parkville house values.
Here is a link to the detailed report on July 2012 Parkville Home Sales.
Keep in mind that Parkville, the 21234 zip code, has many different neighborhoods. Part of Loch Raven Village is located in 21234, as well as many single family home neighborhoods. Part of the 21234 zip code is located within the Baltimore City lines as well, and Baltimore County and Baltimore City may have very different types of homes and price points. For more information about a particular Parkville house value, contact me. I would love to help!