Timonium home sales in 2015 were down slightly from 2014, which had been up since 2012.
The total volume of Timonium houses that sold in 2015 was $229,575,071, down 5.22% from the $242,220,185 volume sold in 2014.
The average sales price in Timonium was down very slightly — $379,463 — down 1.30% from the $384,476 average we saw in 2014.
There were 605 Timonium homes that changed hands last year, down 3.97% from the 630 we saw sell in 2014.
It took an average of two months for a Timonium home to sell in 2015. The average days on the market rose about three days to 60 from the average of 57 it took in 2014.
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.
In general, though, the Timonium real estate market fared well in 2015.
View this link for a more detailed report on 21093 home sales in 2015. (All data care of 2016 RealEstate Business Intelligence, LLC. Data Provided by MRIS as of January 6, 2016.)
Please keep in mind that this is a very general overview of Timonium and Lutherville home sales for 2015.
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!
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