Timonium home sales in April 2020 were down in a big way from April 2019, most likely thanks to COVID-19.
The total volume of Timonium houses that sold in April 2020 was $17,947,405, down 24.20% from the$23,677,970 average we saw in April 2019. It was up, however from the $15,163,622 volume we saw in Timonium Home Sales March 2020.
The average sales price in Timonium down very slightly, to $391,419 from the $394,633 average last April.
Forty-five Timonium homes closed in April, which is a drop from the same time last year when 60 homes sold. The average days it took to sell those 45 homes was 39, 14 less days than last year at the same time.
There were 84 Timonium homes actively on the market by the end of April 2020. (Comparatively, at the end of April last year, there were 128 homes on the market!)
Forty-five homes came on the market in Timonium (last year that number was 101,) while 42 homes received acceptable contracts last month. (Last April, 87 homes went under contract.)
Fifteen Timonium homes sold in the first 10 days on the market, seven more in 11-20 days, and four more in 21-30 days.
Here is a more detailed report on 21093 home sales April 2020. (All data care of 2020 MarketStats by ShowingTime. Data provided by Bright MLS as of May 6, 2020.)
Please note that the above information is a very general overview of Timonium and Lutherville home sales for April 2020, and that we saw the effects of COVID-19 beginning around March 16th, when many home sellers across Maryland began to remove their homes from the market.
The Lutherville-Timonium zip code of 21093 has a large variety in 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 be pleased to be of assistance.