Timonium home sales statistics for October 2010 were a marked improvement over September!
September’s 21093 houses sold were down 31% over 2009. October showed an 11.08% drop, with 26 homes settling, but prices were up 9.44%!
30 Timonium homes went under contract last month, and 52 houses came on the market.
The Real Estate Business Intelligence report also shows that the average days on the market dropped 43.84% from a high last year of 146 days to sell down to 82 in October 2010. Sellers are also getting, on average, 91.33% of their asking price, up from 90.60% this time last year.
Each Timonium neighborhood is different so know that even in a shared zip code, statistics are very local.
For an individualized Timonium home price analysis, contact me today!