Lutherville Real Estate Update for Week Ending March 22, 2015

By
Real Estate Agent with Houwzer Inc MD RE License 579412

Lutherville Real Estate call June Piper-Brandon 410-292-0100Lutherville Real Estate

Market Report

The Week Ending March 22, 2015

Lutherville is located outside the Baltimore beltway north of Towson and is bordered to the east by Towson’s Hampton neighborhood, to the north of Ridgely Road by Timonium and on the west by I-83.

As of the 2010 census there were 37,732 people living in Lutherville, made up of 15,562 households. 

The area is serviced by Dulaney Valley Road (the eastern boundary), Ridgely Road on the north, Seminary Avenue and York Road.  Lutherville is served by the Maryland Transit Administration’s light rail and bus routes 8 and 9 and a limited service bus #12. 

Kaiser Permanente has an office in The Galleria on the corner of York and Seminary and Lutherville Personal Physicians (Mercy Health Services) has a large office on the corner of Ridgely and York Road.  And, Mars has a store on the corner of Ridgely and York Road as well.  In addition there are several other large grocery chains located nearby in Towson and Timonium. 

Children in Lutherville attend Lutherville Laboratory Elementary Magnet School, Hampton Elementary School, Ridgely Middle School, Dulaney High School (in Timonium) or Towson High School (in Towson).   All schools have very good reputations for educational excellence and in 2014 Towson High School was acknowledged as being one of the top 10 high schools in the state of Maryland. 

Lutherville home prices are increasing and the inventory of homes for sale is incredibly low.  Lutherville has a voluntary neighborhood association that is very active in planning events for the area, keeping residents informed of any changes that might affect them and much more.  The neighborhood association meets the second Tuesday of the month at Lutherville Lab elementary school. 

This week’s real estate market snapshot shows:

Active Listings – 11

                Foreclosure –    0

                Short Sales -       0

                Standard Sales -                11

Under Contract – 21

                Foreclosure        2

                Short Sales          5

                Standard Sales  14

Sold (since 01/01/2015) – 16

                Foreclosure        2

                Short Sales          0

                Standard Sales  14

 

The average sales price for homes in the Lutherville market is $332,363 with a low price of $139,900 and high price of $629,900.  Lutherville is a very stable community with very few distressed properties.  There are a few brand new homes available in the community and a variety of “vintage” homes of all ages including historic homes.  If you are considering a move and would like more information about buying or selling in Lutherville give me a call or text today, 410-292-0100.  I have lived in Lutherville for 10 years and some of my kids have attended school here and have worked in the neighborhood and participated in many community groups too.   It’s a great area to live. 

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If you are thinking of buying or selling a home in  Maryland give me a call at 410-292-0100 or start your search here and I'll talk about the market conditions and what your home could possibly be worth in today's marketplace if you are thinking of selling.  If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone are worth the plunge into today's market. Houwzer and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad.  Ask me how.

During these trying times, Houwzer and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings.   You can reach out to me through Snapchat, Duo, Skype, Google Hangouts, What's App, text messaging, or simply by phone.  We take your and your family's health and safety very seriously.  

June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP

Houwzer Inc.

410-292-0100 - Direct   410-559-0155 Office

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comments (8)

Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

June Piper-Brandon Very impressive!  You have very insightful real estate market reports that are perfect for buyers and sellers alike!

Mar 23, 2015 12:07 AM
Claude Labbe
Real Living | At Home - Washington, DC
Realty for Your Busy Life

June,

Is there a great place to eat in Lutherville? It seems I drove up there from DC based on someone's recommendation, and I was just looking for something different than the usual places we have dinner.

It was a nice town.

Mar 23, 2015 01:23 PM
June Piper-Brandon
Houwzer Inc - Baltimore, MD
Piecing Dreams One Home at a Time

Claude Labbe  there are lots of great places to eat in the area.  Szechuan House has fabulous chinese food, Kathmandu Kitchen has great Nepalese food, I had lunch last week at The Corner Stable and it was really good, Andy Nelson's has fabulous BBQ.  If you do come up here give me a call and I'll meet you.  I live in Lutherville.

 

Mar 23, 2015 08:35 PM
Claude Labbe
Real Living | At Home - Washington, DC
Realty for Your Busy Life

Okay....now I've got a ready made lunch date next time I need to get out of DC for a distraction.

Mar 24, 2015 01:24 AM
June Piper-Brandon
Houwzer Inc - Baltimore, MD
Piecing Dreams One Home at a Time

Claude Labbe make it early in the week, we're leaving for Las Vegas on Friday.

Mar 24, 2015 05:29 AM
Claude Labbe
Real Living | At Home - Washington, DC
Realty for Your Busy Life

I'm thinking summer, when I have 10  minutes to even think about this.

Enjoy Vegas

Mar 24, 2015 05:35 AM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

June thanks for sharing Lutherville Maryland Real Estate Update

Mar 24, 2015 10:55 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Lutherville sounds like a great place to call home.  Glad to hear the real estate market is doing well in Lutherville.  

Mar 24, 2015 12:46 PM

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