Lutherville Housing Market | Lutherville Real Estate | January - 2015

Lutherville Housing Market | Lutherville Real Estate | January 2015

by Helene Kelbaugh of Keller Williams Legacy Metropolitan in Baltimore 

Let's Chat!  Buyers & Sellers: (443) 465-8443

 

Lutherville Housing Market

 

 

The Lutherville Housing Market for January 2015

 

Current Lutherville Housing Market

Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions. For about 11 straight months we have seen 10 months of consistant growth in the median sold price as seen in the graphic below.  

Thinking about buying a home in Lutherville?  Good news is you may still be able to find a deal on a house in Lutherville, but working with a REALTOR who understand the market is key.  If you may be thinking "I'm going to wait", don't.  Waiting by the sidelines to long when homes in Lutherville are selling withing a few days of hitting the market will cause you to miss out.  On the East Coast when it is traditionally cold and holiday season, buyers and sellers tend to be very serious this time year and ready to make a reasonable sale happen.

As you can see from the graph above, listings are not selling exactly for asking price and note the price climb increasing. What is the best way to ensure you don't pay more for a home than what it's worth?  You'll want to have an agent, your are working with exclusively,  that does a thorough market analysis of the Lutherville home on which you are making an offer.

 

Lutherville Market Inventory Trends

The number of active listings in Lutherville Timonium (21093) dropped to 11.6% from the previous month.

The median number of days active properties have been listed is 59.  This is significantly shorter than the national average.

These statistics for Lutherville Market Inventory Trends indicated that there is limited inventory in Lutherville.  These means that buyers should act quickly and not wait and homes in Lutherville are moving quickly.  

 

Property Ownership in Lutherville

 

The percent of unoccupied properties is very very low in Lutherville.  It is 10.08% below below the national average.  

The percent of owner occupied properties in Lutherville Timonium (21093) is 14.22% above the national average.

The stats here indicate Lutherville is a strong and stable market.  These markets tend to be competitve and in demand.

 

 

 

 

 

 

Lutherville Timonium, Maryland Real Estate

Residential Properties

Residential Properties for Sale in Lutherville, MD Between $0 - $100,000

Residential Properties for Sale in Lutherville, MD Between $100,000 - $200,000

Residential Properties for Sale in Lutherville, MD Between $200,000 - $300,000

Residential Properties for Sale in Lutherville, MD Between $300,000 - $400,000

Residential Properties for Sale in Lutherville, MD Between $400,000 - $500,000

 

Residential Properties for Sale in Lutherville, MD Between $500,000 - $600,000

Residential Properties for Sale in Lutherville, MD  over $600,000

 

*The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more.  Some sales are not immediately available from public records. As they become available, the data are updated.

 

 

 

 

Call or text 443-465-8443 for information on Buyer Representation (NO COST TO HOMEBUYERS)

 

Provided courtesy of Helene Kelbaugh of

Keller Williams Legacy Metropolitan

 

Hire a positive and proactive REALTOR to help you!

 

Call or text 443-465-8443 for information on Buyer Representation (NO COST TO HOMEBUYERS)

  

Buy A Home   *  Free Home Valuation  *   Area Information

 

 

 

 

Download My App Now!

 

 

 

Follow Me Socially!!

  

                                                                 Instagram      

 www.HeleneSellsHomes.com

www.MobileAppHomeSearch.com

Helene Kelbaugh of

Keller Williams Legacy Metropolitan

443-465-8443 DIRECT | 410-342-4444 OFFICE

 

Comments (2)

Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

Listing prices falling, sales prices rising, and inventory rising.  It is moving towards a buyer market once again.  Get ready to SHIFT again. 

Dec 24, 2014 11:48 AM
Doyle Davison
Hawaiian Beaches Hawaii - 714-968-6767 - Huntington Beach, CA
30 years as your Concierge services listing broker

Great info for Lutherville buyers and sellers.

Dec 24, 2014 11:56 AM