Pikesville Real Estate Market Update October 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Pikesville 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 Pikesville was 136 homes, down 12.82% from the same time last year.
Average Sales Price
Last October, the average sale price for Pikesville was $270,746. This year, average home prices ticked upward, on average, to $284,957, an increase of 5.25% or $14,211 compared to the same time last year.
There was an increase in total homes sold in October, with 44 sold this month in Pikesville versus 35 sold in September, an increase of 25.7%. Total homes sold in October decreased 4.3% compared to 46 homes sold during the same time last year.
Down 16.7% from September, there were 50 homes that went under contract pending sale this October in Pikesville, up 22.0% compared to 41 homes during the same time a year ago.
Days on Market
In October, the average number of days on market in Pikesville was 50.