White Marsh Housing Market | White Marsh Real Estate | June 2015

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Real Estate Agent with Keller Williams Legacy Metropolitan - Baltimore

White Marsh Housing Market | White Marsh Real Estate | June 2015

 
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White Marsh Housing Market

 

"The home selling season is off to a very good start.  I think the rest of the season is going to be materially better than a year ago."  Thomas Lawler, a Housing Economist in Leesburg, VA.  KCM 5/2015

 

 

The White Marsh Housing Market for May 2015

 

Current White Marsh 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 the last 3 straight months we have seen consistent growth in the median sold price as seen in the graphic below.  

 

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the White Marsh market is heading. The median listing and sold property prices are calculated based on the market activity each month.

*Some sales are not immediately available from public records. As they become available, the data are updated. 

Buying in White Marsh?

 

“I wish I had a better story to tell renters these days, but I think they’re in for some rent increases for the foreseeable future." Ryan Severino Senior Economist at Reis

 

Thinking about buying a home in White Marsh?  Good news is you may still be able to find a deal on a house in White Marsh, 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 White Marsh are selling withing a few days of hitting the market, will cause you to miss out.  

It's Spring and the weather is great.   On the east coast we had a tough winter.  The winter is over and buyers are ready to make up for lost time searching for homes in White Marsh.  Buyers are ready and have been ready for some time.  Don't miss the opportunity to have your home under contract and sold. 

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 White Marsh home on which you are making an offer.

 

White Marsh Market Inventory Trends

The number of active listings in White Marsh ( 21162) increased by 23.4% from the previous month.

The median number of days active properties have been listed is 39. This is significantly shorter than the national average.

The number of sales in February dropped by 43.8% from the previous month.

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

 

Property Ownership in White Marsh

 

The percent of unoccupied properties is very low in White Marsh ( 21162) . It is-10.08% below the national average.

The percent of owner occupied properties in White Marsh ( 21162) is 14.22% above the national average.

The stats here indicate White Marsh is a strong and stable market.  These markets tend to be competitive and in demand.

 

White Marsh , Maryland Real Estate

Residential Properties

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

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

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

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

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

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

Residential Properties for Sale in White Marsh, 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.

 

 

Provided courtesy of Helene Kelbaugh of

Keller Williams Legacy Metropolitan
   
 
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Helene Kelbaugh of
Keller Williams Legacy Metropolitan
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Internet Marketing Specialist Designation

 

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Helene Kelbaugh, REALTOR, Internet Marketing Specialist

Keller Williams Legacy Metropolitan
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