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

There was a decrease in total units sold in April, with 77 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 82 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 21% versus April 2018.

Versus last year, the total number of homes available this month is lower by 21 units or 9%. The total number of active inventory this April was 215 compared to 236 in April 2018. This month's total of 215 is lower than the previous month's total supply of available inventory of 221, a decrease of 3%.

Last April, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $280,000. This April, the median sale price was $307,500, an increase of 10% or $27,500 compared to last year. The current median sold price is 12% higher than in March.

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

In April, there was 2.8 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 2.4 in April 2018. That is an increase 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 165 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 147 in April 2018, an increase of 12%. There were 127 current contracts pending sale this April compared to 98 a year ago. The number of current contracts is 30% higher than last April.

In April, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 98.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 69, higher than the average last year, which was 49, an increase of 41%.





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

Zip Code(s): 21128, 21162, 21087, 21082, 21013, 21057, 21156, 21051 and 21236
Units Sold 77	Active Inventory 215	Median Sale Price $307,500	Days On Market 69

Down -21% Vs. Year Ago	Down -9% Vs. Year Ago	Up 10% Vs. Year Ago	Up 41% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 77 sold this month in Perry Hall, Nottingham, and Northeastern Baltimore County Real Estate versus 82 last month, a decrease of 6%. This month's total units sold was lower than at this time last year, a decrease of 21% versus April 2018.
Active Inventory Versus last year, the total number of homes available this month is lower by 21 units or 9%. The total number of active inventory this April was 215 compared to 236 in April 2018. This month's total of 215 is lower than the previous month's total supply of available inventory of 221, a decrease of 3%.
		Median Sale Price Last April, the median sale price for Perry Hall, Nottingham, and Northeastern Baltimore County Homes was $280,000. This April, the median sale price was $307,500, an increase of 10% or $27,500 compared to last year. The current median sold price is 12% higher than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 165	Current Contracts 127	Sold Vs. List Price 98.4%	Months of Supply 2.8

Up 12% Vs. Year Ago	Up 30% Vs. Year Ago	No Change Vs. Year Ago	Up 16% Vs. Year Ago


		Months of Supply In April, there was 2.8 months of supply available in Perry Hall, Nottingham, and Northeastern Baltimore County, compared to 2.4 in April 2018. That is an increase 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 165 homes newly listed for sale in Perry Hall, Nottingham, and Northeastern Baltimore County compared to 147 in April 2018, an increase of 12%. There were 127 current contracts pending sale this April compared to 98 a year ago. The number of current contracts is 30% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Perry Hall, Nottingham, and Northeastern Baltimore County was 98.4% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 69, higher than the average last year, which was 49, an increase of 41%.


	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.