Rosedale Housing Market Data

There was a decrease in total units sold in April, with 26 sold this month in Rosedale Real Estate versus 29 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 13% versus April 2018.

Versus last year, the total number of homes available this month is lower by 28 units or 27%. The total number of active inventory this April was 77 compared to 105 in April 2018. This month's total of 77 is higher than the previous month's total supply of available inventory of 73, an increase of 5%.

Last April, the median sale price for Rosedale Homes was $203,000. This April, the median sale price was $205,450, an increase of 1% or $2,450 compared to last year. The current median sold price is 4% lower 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 3.0 months of supply available in Rosedale, compared to 4.6 in April 2018. That is a decrease of 35% 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 59 homes newly listed for sale in Rosedale compared to 42 in April 2018, an increase of 40%. There were 42 current contracts pending sale this April compared to 41 a year ago. The number of current contracts is 2% higher than last April.

In April, the average sale price in Rosedale was 99.6% of the average list price, which is 1.2% higher than at this time last year.

This month, the average number of days on market was 80, higher than the average last year, which was 61, an increase of 31%.





Focus On: Rosedale Housing Market			April 2019

Zip Code(s): 21237
Units Sold 26	Active Inventory 77	Median Sale Price $205,450	Days On Market 80

Up 13% Vs. Year Ago	Down -27% Vs. Year Ago	Up 1% Vs. Year Ago	Up 31% Vs. Year Ago


		Units Sold There was a decrease in total units sold in April, with 26 sold this month in Rosedale Real Estate versus 29 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 13% versus April 2018.
Active Inventory Versus last year, the total number of homes available this month is lower by 28 units or 27%. The total number of active inventory this April was 77 compared to 105 in April 2018. This month's total of 77 is higher than the previous month's total supply of available inventory of 73, an increase of 5%.
		Median Sale Price Last April, the median sale price for Rosedale Homes was $203,000. This April, the median sale price was $205,450, an increase of 1% or $2,450 compared to last year. The current median sold price is 4% lower 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 59	Current Contracts 42	Sold Vs. List Price 99.6%	Months of Supply 3.0

Up 40% Vs. Year Ago	Up 2% Vs. Year Ago	Up 1.3% Vs. Year Ago	Down -35% Vs. Year Ago


		Months of Supply In April, there was 3.0 months of supply available in Rosedale, compared to 4.6 in April 2018. That is a decrease of 35% 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 59 homes newly listed for sale in Rosedale compared to 42 in April 2018, an increase of 40%. There were 42 current contracts pending sale this April compared to 41 a year ago. The number of current contracts is 2% higher than last April.
		Sale Price to List Price Ratio In April, the average sale price in Rosedale was 99.6% of the average list price, which is 1.2% higher than at this time last year. Days on Market This month, the average number of days on market was 80, higher than the average last year, which was 61, an increase of 31%.


	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.