The real estate market numbers for July 2012 in Perry Hall are showing that the market is holding fairly steady, and in many cases did better than both June and last year's figures.
The Average Sold Price was down $13,793 from June's average, but rose $65,681 compared to July 2011's numbers! The exact same number of homes sold in July as did last year (16 homes), which was 5 more than June. However, the average Days on Market was up a bit from both June and last year (15 and 13 days, respectively).
Looking at Attached vs. Detached home sales, we saw increases for both from June as well as last year. The Average Attached Home Sale Price was up $36,785 from June 2012 and $31,293 from July 2011, and the Average Detached Home Sale Price was up a slight $8,931, but a huge increase of $104,716 from July 2011!
Real Estate Numbers - Perry Hall, 21128
July 2012 June 2012 July 2011 Baltimore Co. July 2012 Average Sold Price $359,050 $372,843 $293,369 $261,723 Number of Homes Sold 16 11 16 642 Average Days on Market 75 60 62 102 Attached Average Sold Price $255,543 $218,758 $224,250 $178,726 Attached # Homes Sold 7 3 6 248 Detached Average Sold Price $439,556 $430,625 $334,840 $313,965 Detached # Homes Sold 9 8 10 394
Real Estate Numbers - Kingsville, 20187
July 2012 June 2012 July 2011 Baltimore Co. July 2012 Average Sold Price $452,500 $358,500 $310,714 $261,723 Number of Homes Sold 6 5 7 642 Average Days on Market 88 26 84 102 Attached Average Sold Price - - - $178,726 Attached # Homes Sold 0 0 0 248 Detached Average Sold Pirce $452,500 $358,500 $310,714 $313,965 Detached # Homes Sold 6 5 7 394
Even though these local real estate numbers by zip code give us a lot of information about how our local market is doing, much depends on the inventory sold that month. For example, a single family home's value can vary immensely by square footage, number of bedrooms and bathrooms, updates to the home, etc. Because of such variation, we expect the numbers each month to fluctuate a bit based on the inventory sold in that month.
If you would like to get more information specific to your type of home and your subdivision or immediate neighborhood, feel free to contact me by email at Rebecca@RebeccaJenkinsRealtor.com for this information.