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FOCUS ON: LUTHERVILLE, TIMONIUM, AND COCKEYSVILLE HOUSING MARKET |
JUNE 2025 |
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Zip Code(s): 21093, 21030 and 21022 |
Units Sold
90 |
Active Inventory
101 |
Median Sale Price
$511,000 |
Days On Market
19 |
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Up 18%
Vs. Year Ago |
Down -12%
Vs. Year Ago |
Up 5%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 90 sold this month in Lutherville, Timonium, and Cockeysville Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 14 units or 12%. The total number of active inventory this June was 101 compared to 115 in June 2024. This month's total of 101 is lower than the previous month's total supply of available inventory of 137, a decrease of 26%.
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Median Sale Price
Last June, the median sale price for Lutherville, Timonium, and Cockeysville Homes was $487,450. This June, the median sale price was $511,000, an increase of 5% or $23,550 compared to last year. The current median sold price is 8% higher than in May.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
59 |
Current Contracts
84 |
Sold Vs. List Price
101.5% |
Months of Supply
1.1 |
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Down -37%
Vs. Year Ago |
Up 9%
Vs. Year Ago |
Down -0.6%
Vs. Year Ago |
Down -26%
Vs. Year Ago |
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Months of Supply
In June, there was 1.1 months of supply available in Lutherville, Timonium, and Cockeysville, compared to 1.5 in June 2024. That is a decrease of 26% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 59 homes newly listed for sale in Lutherville, Timonium, and Cockeysville compared to 94 in June 2024, a decrease of 37%. There were 84 current contracts pending sale this June compared to 77 a year ago. The number of current contracts is 9% higher than last June.
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Sale Price to List Price Ratio
In June, the average sale price in Lutherville, Timonium, and Cockeysville was 101.5% of the average list price, which is 0.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 19, higher than the average last year, which was 16, an increase of 19%.
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Lutherville, Timonium, and Cockeysville are defined as properties listed in zip code/s 21093, 21030 and 21022. |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |