Rosedale Housing Market Data

There was an increase in total units sold in July, with 32 sold this month in Rosedale Real Estate versus 26 last month, an increase of 23%. This month's total units sold was lower than at this time last year, a decrease of 29% versus July 2018.

Versus last year, the total number of homes available this month is higher by 2 units or 2%. The total number of active inventory this July was 97 compared to 95 in July 2018. This month's total of 97 is lower than the previous month's total supply of available inventory of 101, a decrease of 4%.

Last July, the median sale price for Rosedale Homes was $219,900. This July, the median sale price was $232,000, an increase of 6% or $12,100 compared to last year. The current median sold price is 3% higher than in June.

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

In July, there was 3.0 months of supply available in Rosedale, compared to 2.1 in July 2018. That is an increase of 44% 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 47 homes newly listed for sale in Rosedale compared to 46 in July 2018, an increase of 2%. There were 36 current contracts pending sale this July compared to 32 a year ago. The number of current contracts remained stable as compared to last July.

In July, the average sale price in Rosedale was 98.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 43, which is similar compared to a year ago.





Focus On: Rosedale Housing Market			July 2019

Zip Code(s): 21237
Units Sold 32	Active Inventory 97	Median Sale Price $232,000	Days On Market 43

Down -29% Vs. Year Ago	Up 2% Vs. Year Ago	Up 6% Vs. Year Ago	No Change Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 32 sold this month in Rosedale Real Estate versus 26 last month, an increase of 23%. This month's total units sold was lower than at this time last year, a decrease of 29% versus July 2018.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 2%. The total number of active inventory this July was 97 compared to 95 in July 2018. This month's total of 97 is lower than the previous month's total supply of available inventory of 101, a decrease of 4%.
		Median Sale Price Last July, the median sale price for Rosedale Homes was $219,900. This July, the median sale price was $232,000, an increase of 6% or $12,100 compared to last year. The current median sold price is 3% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 47	Current Contracts 36	Sold Vs. List Price 98.2%	Months of Supply 3.0

Up 2% Vs. Year Ago	Up 13% Vs. Year Ago	No Change Vs. Year Ago	Up 44% Vs. Year Ago


		Months of Supply In July, there was 3.0 months of supply available in Rosedale, compared to 2.1 in July 2018. That is an increase of 44% 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 47 homes newly listed for sale in Rosedale compared to 46 in July 2018, an increase of 2%. There were 36 current contracts pending sale this July compared to 32 a year ago. The number of current contracts remained stable as compared to last July.
		Sale Price to List Price Ratio In July, the average sale price in Rosedale was 98.2% 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 43, which is similar compared to a year ago.


	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.