Timonium home sales for August 2014 were up from August 2013!

The total volume of Timonium houses that sold in August was $24,480,050, up 11.94% from last year at the same time, where we saw $21,869,675 in home sales. It is down, though just slightly, from the volume of $26,522,223 in sales that we saw in Timonium Home Sales July 2014.

The average sold price fell 7.01% to $376,616 from $404,994 last August.

Sixty-five Timonium homes sold last month, eleven more homes than August 2013.

It took an average of 62 days for those Timonium houses to sell, 19 more days than last year at the same time. One home sold before it hit the market, another 18 sold in the first 10 days on the market, another seven within 20 days.

Sixty-eight homes in Timonium came on the market last month. Sixty-two Timonium homes went under contract in August.

Here are more details on 21093 home sales August 2014.

The above report is a very basic overview of Timonium and Lutherville home sales for the month of August 2014.

The Lutherville-Timonium area has a large variety of home types and neighborhoods. There are some areas of the Timonium real estate market that sold quickly, but others are averaging longer days on the market. Price, location, condition, and competition all have an impact on a particular home’s value, as well as how fast a home may sell.

Please contact me for more information about your Timonium house value. I would be happy to be of assistance!