Rosedale Housing Market Data

There was a decrease in total units sold in March, with 24 sold this month in Rosedale Real Estate versus 26 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 4% versus March 2018.

Versus last year, the total number of homes available this month is lower by 38 units or 36%. The total number of active inventory this March was 69 compared to 107 in March 2018. This month's total of 69 is lower than the previous month's total supply of available inventory of 71, a decrease of 3%.

Last March, the median sale price for Rosedale Homes was $208,000. This March, the median sale price was $209,000, which is similar compared to a year ago. The current median sold price is 5% higher than in February.

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

In March, there was 2.9 months of supply available in Rosedale, compared to 4.3 in March 2018. That is a decrease of 33% 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 41 homes newly listed for sale in Rosedale compared to 56 in March 2018, a decrease of 27%. There were 32 current contracts pending sale this March compared to 26 a year ago. The number of current contracts is 23% higher than last March.

In March, the average sale price in Rosedale was 100.2% of the average list price, which is 1.0% higher than at this time last year.

This month, the average number of days on market was 59, lower than the average last year, which was 72, a decrease of 18%.





Focus On: Rosedale Housing Market			March 2019

Zip Code(s): 21237
Units Sold 24	Active Inventory 69	Median Sale Price $209,000	Days On Market 59

Down -4% Vs. Year Ago	Down -36% Vs. Year Ago	No Change Vs. Year Ago	Down -18% Vs. Year Ago


		Units Sold There was a decrease in total units sold in March, with 24 sold this month in Rosedale Real Estate versus 26 last month, a decrease of 8%. This month's total units sold was lower than at this time last year, a decrease of 4% versus March 2018.
Active Inventory Versus last year, the total number of homes available this month is lower by 38 units or 36%. The total number of active inventory this March was 69 compared to 107 in March 2018. This month's total of 69 is lower than the previous month's total supply of available inventory of 71, a decrease of 3%.
		Median Sale Price Last March, the median sale price for Rosedale Homes was $208,000. This March, the median sale price was $209,000, which is similar compared to a year ago. The current median sold price is 5% higher than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 41	Current Contracts 32	Sold Vs. List Price 100.2%	Months of Supply 2.9

Down -27% Vs. Year Ago	Up 23% Vs. Year Ago	Up 1% Vs. Year Ago	Down -33% Vs. Year Ago


		Months of Supply In March, there was 2.9 months of supply available in Rosedale, compared to 4.3 in March 2018. That is a decrease of 33% 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 41 homes newly listed for sale in Rosedale compared to 56 in March 2018, a decrease of 27%. There were 32 current contracts pending sale this March compared to 26 a year ago. The number of current contracts is 23% higher than last March.
		Sale Price to List Price Ratio In March, the average sale price in Rosedale was 100.2% of the average list price, which is 1.0% higher than at this time last year. Days on Market This month, the average number of days on market was 59, lower than the average last year, which was 72, a decrease of 18%.


	Rosedale are defined as properties listed in zip code/s 21237.
	*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.