Perry Hall, Nottingham, and Northeastern Baltimore County Housing Market Data

There was a decrease in total units sold in September, with 77 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 89 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 1% versus September 2018.

Versus last year, the total number of homes available this month is lower by 46 units or 15%. The total number of active inventory this September was 256 compared to 302 in September 2018. This month's total of 256 is lower than the previous month's total supply of available inventory of 273, a decrease of 6%.

Last September, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $252,250. This September, the median sale price was $293,000, an increase of 16% or $40,750 compared to last year. The current median sold price is 4% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.3 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 4.0 in September 2018. That is a decrease of 16% 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.

This month there were 142 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 119 in September 2018, an increase of 19%. There were 98 current contracts pending sale this September compared to 75 a year ago. The number of current contracts is 31% higher than last September.

In September, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 97.7% of the average list price, which is 0.9% lower than at this time last year.

This month, the average number of days on market was 43, higher than the average last year, which was 34, an increase of 26%.





Focus On: Perry Hall, Nottingham, and Northeastern Baltimore County Housing Market			September 2019

Zip Code(s): 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236
Units Sold 77	Active Inventory 256	Median Sale Price $293,000	Days On Market 43

Up 1% Vs. Year Ago	Down -15% Vs. Year Ago	Up 16% Vs. Year Ago	Up 26% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 77 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 89 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 1% versus September 2018.
Active Inventory Versus last year, the total number of homes available this month is lower by 46 units or 15%. The total number of active inventory this September was 256 compared to 302 in September 2018. This month's total of 256 is lower than the previous month's total supply of available inventory of 273, a decrease of 6%.
		Median Sale Price Last September, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $252,250. This September, the median sale price was $293,000, an increase of 16% or $40,750 compared to last year. The current median sold price is 4% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 142	Current Contracts 98	Sold Vs. List Price 97.7%	Months of Supply 3.3

Up 19% Vs. Year Ago	Up 31% Vs. Year Ago	Down -0.9% Vs. Year Ago	Down -16% Vs. Year Ago


		Months of Supply In September, there was 3.3 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 4.0 in September 2018. That is a decrease of 16% 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.
New Listings & Current Contracts This month there were 142 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 119 in September 2018, an increase of 19%. There were 98 current contracts pending sale this September compared to 75 a year ago. The number of current contracts is 31% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 97.7% of the average list price, which is 0.9% lower than at this time last year. Days on Market This month, the average number of days on market was 43, higher than the average last year, which was 34, an increase of 26%.


	Perry Hall, Nottingham, and Northeastern Baltimore County are defined as properties listed in zip code/s 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236.
	*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.