Timonium home sales for July 2014 were down significantly from July 2013.

The total volume of Timonium houses that sold in July was $26,522,223, DOWN almost 25% from last year at the same time, where we saw $35,336,586 in home sales. It is also down, though just slightly from the $27,679,073 in sales that we saw in Timonium Home Sales June 2014.

The average sold price also dropped, it fell 12.62% to $395,854.

Sixty-seven Timonium homes sold last month, eleven less homes than July 2013.

It took an average of 46 days for those 67 Timonium houses to sell. Two of those homes sold before they hit the market, and another 24 sold in the first 10 days, another six within 20 days.

Seventy-seven homes in Timonium entered the market last month. Seventy Timonium homes went under contract in July.

Here are more details on 21093 home sales July 2014.

Please note that the above report is a general overview of Timonium and Lutherville home sales for the month of July 2014.

The Lutherville-Timonium area has a large variety of home types and neighborhoods. Some areas of Timonium sold very quickly last month, while others have been averaging over 100 days on the market. Price, location, condition, and competition all have an impact on a particular home’s value, as well as quickness of sale.

For more information about your Timonium house value, please contact me. I would love to help!