Although the real estate market overall-National and Regional-has slowed somewhat over the last 18 months, Essex is still showing strong sales and growth-well above the average for Maryland.

2005 Sales:

494 Units sold

Average List price: $183,210

Average Close Price: $181,553 or 99.1% of list

Min Sold Price: $15,778 Max Sold Price: $599,900

2006 Sales:

445 Units sold

Average List price: $211,442

Average Close Price: $207,813 or 98.3% of list

Min Sold Price: $13,000 Max Sold Price: $700,000

The total units sold were down by 49 units for the year while the average sold price in 2006 increased $26,260 or 14.5% over the 2005 figures.

Essex closed out with a very strong year and I feel that it will remain strong into 2007 because it is still one of Baltimore County's most affordable communities.

For any Real Estate information or questions on buying or selling a home in Baltimore County contact:

Stephen Luckett-Fairfax Realty 

Selling Maryland 1 house at a time!

*All statistics from Metro Regional Information Systems (MRIS)