Timonium home sales in 2020 were up from 2019.
The total volume of Timonium houses that sold in 2020 was $308,694,469, up 7.73% from the $286,554,752 volume sold in 2019.
The average sales price in Timonium was up as well, to $432,277, up 2.09%, from the $423,445 average we saw in 2019.
There were 707 Timonium homes that changed hands last year, up 6.0% from the 667 we saw sell in 2019.
It took an average of 33 days for a Timonium home to sell in 2020. The average days on the market dropped nine days from the average of 32 it took in 2019.
There have been a lot more homes that have sold in Timonium than were listed for sale last year, as evidenced by the chart 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 97.5% of their list price last year.
In general, the Timonium real estate market fared very well in 2020!
View this link for a more detailed report on 21093 home sales in 2020. (All data care of 2020 MarketStats by ShowingTime. Data Provided by Bright as of January 7, 2021.)
Please keep in mind that this is a very general overview of Timonium and Lutherville home sales for 2020.
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!