Timonium home sales in 2019 were up from 2018.
The total volume of Timonium houses that sold in 2019 was $286,554,752, up 3.82% from the $275,958,537 volume sold in 2018.
The average sales price in Timonium was down slightly, — to $423,445 — down 3.48% from the $438,726 average we saw in 2018.
There were 667 Timonium homes that changed hands last year, up 6.04% from the 629 we saw sell in 2018.
It took an average of 42 days for a Timonium home to sell in 2019. The average days on the market dropped 26 days from the average of 68 it took in 2018.
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. The graph above shows that the average list-to-sales price ratio is very good – homes in Timonium sold for an average of 96.9% of their list price last year.
In general, the Timonium real estate market fared very well in 2019!
View this link for a more detailed report on 21093 home sales in 2019. (All data care of 2020 MarketStats by ShowingTime. Data Provided by Bright as of January 7, 2020.)
Please keep in mind that this is a very general overview of Timonium and Lutherville home sales for 2019.
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!