Towson home sale statistics for September 2010 fared much better than most of Baltimore County, according to data released by MRIS, the Metropolitan Regional Information Systems, Inc over September 2009.
Focusing specifically on the 21204 zip code, which includes Towson, Ruxton, West Towson, and the Riderwood area, the numbers are very positive, while the majority of Baltimore County home sales were down 25.7%.
Average sold price was up 13.38% from $357,496 last year to $405,325 last month. The one number heading into the negative category was the average days on market, dropping from 125 last year to 64 this September. Great news!
Homes on the market are averaging 89.35 % of their list price when they sell, showing that Towson houses for sale may have two different perceived values when it comes to buyers and sellers.
Contact me for more about Towson house values.