Timonium home sales in May 2016 were up from last May!

The total volume of Timonium houses that sold in May 2016 was $26,907,525, up 35.85% from the $19,806,115 that sold in May 2015. This is also up from the $22,878,739 we saw in Timonium Home Sales April 2016.

The average sales price in Timonium was down slightly, to $373,716, from the average of $388,355 last May.

Seventy-two Timonium homes closed in May, nineteen more homes than last May.

The average days on the market dropped to an average of 40 days from the average of 70 at the same time last year.

There were 143 Timonium homes actively on the market by the end of May 2016.

Ninety-five homes came on the market in Timonium, while 83 homes received acceptable contracts last month. Three homes sold before they came on the market, thirty-seven homes sold within the first 10 days on the market, and another thirteen homes sold within the first 30 days on the market.

Here is a more detailed report on 21093 home sales May 2016. (All data care of 2016 RealEstate Business Intelligence, LLC. Data Provided by MRIS as of June 3, 2016.)

Please keep in mind that the above information is a very general overview of Timonium and Lutherville home sales for May 2016.

The Lutherville-Timonium zip code of 21093 has a wide 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.

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