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FOCUS ON: LUTHERVILLE, TIMONIUM, AND COCKEYSVILLE HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 21093, 21030 and 21022 |
Units Sold
68 |
Active Inventory
104 |
Median Sale Price
$499,950 |
Days On Market
31 |
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Down -20%
Vs. Year Ago |
Down -11%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 94%
Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 68 sold this month in Lutherville, Timonium, and Cockeysville Real Estate versus 67 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 20% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is lower by 13 units or 11%. The total number of active inventory this August was 104 compared to 117 in August 2024. This month's total of 104 is lower than the previous month's total supply of available inventory of 115, a decrease of 10%.
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Median Sale Price
Last August, the median sale price for Lutherville, Timonium, and Cockeysville Homes was $499,000. This August, the median sale price was $499,950, which is similar compared to a year ago. The current median sold price is 4% higher than in July.
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
60 |
Current Contracts
57 |
Sold Vs. List Price
104.4% |
Months of Supply
1.5 |
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Up 7%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up
Vs. Year Ago |
Up 11%
Vs. Year Ago |
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Months of Supply
In August, there was 1.5 months of supply available in Lutherville, Timonium, and Cockeysville, compared to 1.4 in August 2024. That is an increase of 11% 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 60 homes newly listed for sale in Lutherville, Timonium, and Cockeysville compared to 56 in August 2024, an increase of 7%. There were 57 current contracts pending sale this August, consistent with the volume a year ago. The number of current contracts is 14% lower than last month.
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Sale Price to List Price Ratio
In August, the average sale price in Lutherville, Timonium, and Cockeysville was 104.4% of the average list price, which is higher than at this time last year.
Days on Market
This month, the average number of days on market was 31, higher than the average last year, which was 16, an increase of 94%.
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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. |