Pikesville Real Estate Market Update September 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Pikesville average!
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Below are market statistics for September 2015.
The total number of active homes on the market this September in Pikesville was 159 homes, down 1.27% from the same time last year.
Average Sales Price
Last September, the average sale price for Pikesville was $282,916. This year, average home prices ticked downward, on average, to $261,492, a decrease of 7.57% or $21,424 compared to the same time last year.
There was a decrease in total homes sold in September, with 35 sold this month in Pikesville versus 43 sold in August, a decrease of 18.6%. Total homes sold in September decreased 5.4% compared to 37 homes sold during the same time last year.
Up 50% from August, there were 60 homes that went under contract pending sale this September in Pikesville, up 62.2% compared to 37 homes during the same time a year ago.
Days on Market
In September, the average number of days on market in Pikesville was 85.