Timonium home sales were up in a HUGE way in August 2011 — across the board, great numbers were showing over the same month last year.
Total sold volume was up 134.17% from $8,953,500 in August 2010 to $20,966,275 last month. Average sold price was up a smidgen 4.54% to $374,398.
Total number of homes sold was up 124.00% to 56 over last year’s 25 homes sold in August.
The one number that was down is a good one — the number of days on average that it took to sell a home dropped 46.55% — on average, it has been taking 62 days to sell instead of the 116 days it was taking in the same period last year.
38 homes went under contract, and 59 new ones were listed. There were a total of 226 homes on the market in 21093.
This appears to be a continuation of the rise we saw in both June and July Timonium home sales.
Compared to much of the Baltimore real estate market, Timonium is really doing well.
See the full August 2011 Timonium home sale report here.
As I have talked about many times before, each neighborhood, even within zip codes, can have different markets and statistics. Contact me for more details on your Timonium neighborhood house sales.
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