Baltimore County Real Estate Market Update February 21, 2011

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

Local Market Update

A RESEARCH TOOL PROVIDED BY REALESTATE BUSINESS INTELLIGENCE – AN MRIS COMPANY

- 13.9% + 7.3% - 4.8%


Change in Change in Change in

Baltimore County New Listings Closed Sales Median Sales Price

January Year to Date


2010 2011 +/– 2010 2011 +/–
New Listings 942 811 - 13.9% 942 811 - 13.9%
Closed Sales 327 351 + 7.3% 327 351 + 7.3%
Pending Sales 488 497 + 1.8% 488 497 + 1.8%
Median Sales Price* $207,000 $197,000 - 4.8% $207,000 $197,000 - 4.8%
Percent of Original List Price Received* 91.8% 88.8% - 3.4% 91.8% 88.8% - 3.4%
Days on Market Until Sale 106 115 + 8.4% 106 115 + 8.4%
Inventory – Single-Family Detached 2,319 2,540 + 9.5% -- -- --
Inventory – Townhouse-Condo 1,614 1,881 + 16.5% -- -- --

2010 2011 2010 2011


January Year to Date
942 942
811 811

327 351 327 351

- 13.9% + 7.3% - 13.9% + 7.3%


New Listings Closed Sales New Listings Closed Sales

Change in Median Sales Price 6-Month Smoothed Average* All MLS b


Baltimore County a
+ 5%

0%

- 5%

- 10%

- 15%

- 20%
1-2008 7-2008 1-2009 7-2009 1-2010 7-2010 1-2011

* Does not account for seller concessions. ** This chart uses a rolling six months of average change in Average Sales Price to account for small sample size.
All data provided by RealEstate BusinessIntelligence, LLC, an MRIS Company. This report may be reproduced by MRIS members. Data current as of February 9, 2011. Powered by 10K Research.

You might also like