Owings Mills Real Estate Market Update September 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Owings Mills average!
Is it time to Sell? Click here to check your homes new value.
Below are market statistics for September 2015.
The total number of active homes on the market this September in Owings Mills was 213 homes, down 7.39% from the same time last year.
Average Sales Price
Last September, the average sale price for Owings Mills was $263,516. This year, average home prices ticked downward, on average, to $235,253, a decrease of 10.7% or $28,263 compared to the same time last year.
There was a decrease in total homes sold in September, with 66 sold this month in Owings Mills versus 68 sold in August, a decrease of 2.9%. Total homes sold in September increased 22.2% compared to 54 homes sold during the same time last year.
Up 6.5% from August, there were 82 homes that went under contract pending sale this September in Owings Mills, up 64% compared to 50 homes during the same time a year ago.
Days on Market
In September, the average number of days on market in Owings Mills was 63.