Catonsville Real Estate Market Update October 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Catonsville average!
Is it time to Sell? Click here to check your homes new value.
Below are market statistics for October 2015.
The total number of active homes on the market this October in Catonsville was 155 homes, down 13.89% from the same time last year.
Average Sales Price
Last October, the average sale price for Catonsville was $264,668. This year, average home prices ticked downward, on average, to $245,493, a decrease of 7.24% or $19,175 compared to the same time last year.
There was a decrease in total homes sold in October, with 50 sold this month in Catonsville versus 53 sold in September, a decrease of 5.7%. Total homes sold in October increased 31.6% compared to 38 homes sold during the same time last year.
Up 13.1% from September, there were 69 homes that went under contract pending sale this October in Catonsville, up 19% compared to 58 homes during the same time a year ago.
Days on Market
In October, the average number of days on market in Catonsville was 77.