Metropolitan Regional Information Systems released February Home Sales Statistics on Monday. I wanted to give you a snapshot of Perry Hall MD. We will be looking at Sold Homes for February 2013 vs. February 2012.
10 Homes were Sold in the Perry Hall Community in 2013. This represents a 233% increase since only 3 homes were Sold in 2012. The Perry Hall Farms neighborhood saw the most action with 4 Closings for the Month. Currently, there are 12 Homes listed For Sale in this neighborhood.
The Average Sold Price of these 10 Homes was $271,380 which represented a slight decline of -1.4%. Days on the Market declined to 86 days or -14.85%. Total Active Listings also decined to 41 which represents a -10.87% decrease vs 2012.
So to recap, prices were down slightly, but Homes are turning faster, and inventory is dropping. It looks like the Market is continuing it's rebound.
If you are looking to buy or sell your Perry Hall Home, talk to Cathy & Joe Balcar, Realtors® with EXiT Preferred Realty . Cathy & Joe are your local experts specializing in Residential Re-Sale. We are here to help all Buyers & Sellers. Serving, but not limited to, Perry Hall, Parkville, Towson, Rosedale, Essex, Dundalk and the Greater Baltimore Area. Please call us at 443-253-0741