Lutherville Timonium Real Estate Trends
Lutherville Timonium Summary
Average price per square foot for Lutherville Timonium MD was $191, a decrease of 3% compared to the same period last year. The median sales price for homes in Lutherville Timonium MD for May 10 to Jul 10 was $338,625 based on 84 home sales. Compared to the same period one year ago, the median home sales price increased 3.4%, or $11,125, and the number of home sales increased 25.4%. There are currently 224 resale and new homes in Lutherville Timonium on Trulia, including 14 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Lutherville Timonium MD was $570,763 for the week ending Aug 25, which represents an increase of 0.4%, or $2,339, compared to the prior week.
| Characteristics |
|
|---|---|
| Closest Airport | BALTIMORE/WASHINGTON INTERNATIONAL THURGOOD MARSHAL(18 miles) |
| Closest 2 Year College | TESST COLLEGE OF TECHNOLOGY(5 miles) |
| Closest 4 Year College | GOUCHER COLLEGE(3 miles) |
| Closest Major Sports Team | BALTIMORE ORIOLES(11 miles) |
| 21093 | Maryland | |
|---|---|---|
| Population | 36,878 | 5,719,003 |
| Population Density (people/mile) | 1,693 | 461 |
| Population Growth (since 2000) | 6% | 8% |
| Male | 17,493 | 2,766,962 |
| Female | 19,322 | 2,952,041 |
| Median Age | 43.19 | 36.64 |
| 21093 | Maryland | |
|---|---|---|
| Number of Households | 14,917 | 2,123,646 |
| Average Household Size | 2 | 3 |
| Household: With Children | 4,298 | 745,357 |
| Household: With no Children | 10,620 | 1,378,289 |
| Household: Family | 10,141 | 1,419,912 |
| Household: Non-Family | 4,775 | 703,734 |
| Total Dwelling Units | 15,363 | 2,350,523 |
Lutherville Timonium Summary
The median sales price for homes in Lutherville Timonium MD for May 10 to Jul 10 was $338,625. This represents an increase of 2%, or $6,625, compared to the prior quarter and an increase of 3.4% compared to the prior year. Sales prices have depreciated 0.7% over the last 5 years in Lutherville Timonium. The average listing price for Lutherville Timonium homes for sale on Trulia was $570,763 for the week ending Aug 25, which represents an increase of 0.4%, or $2,339, compared to the prior week and a decline of 0.6%, or $3,358, compared to the week ending Aug 04. Average price per square foot for Lutherville Timonium MD was $191, a decrease of 3% compared to the same period last year.
Short Sale Listings
RealEstate Business Intelligence, LLC.
ZIP Code Statistics - Higher Price Segment Format
ZIP Code: 21093 Lutherville Timonium, MD
From: 07/01/2010 to 07/31/2010 Statistics generated on: 08/06/2010
|
Residential |
Active Listings |
Time on Market | |||||||||
|
Price Class |
2 |
|
4 |
Condo |
Ground |
Residential |
Condo |
Ground |
of Units Sold | ||
|
Under $100,000 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
1 -30 Days |
5 | |
|
$100,000 - 149,999 |
0 |
0 |
0 |
0 |
0 |
1 |
0 |
0 |
31-60 Days |
6 | |
|
$150,000 - 199,999 |
0 |
1 |
0 |
1 |
0 |
1 |
13 |
1 |
61 - 90 Days |
7 | |
|
$200,000 - 249,999 |
0 |
1 |
0 |
2 |
0 |
3 |
15 |
0 |
91-120 Days |
4 | |
|
$250,000 - 299,999 |
0 |
1 |
1 |
1 |
0 |
30 |
10 |
1 |
Over 120 Days |
4 | |
|
$300,000 - 349,999 |
0 |
3 |
3 |
4 |
0 |
34 |
7 |
3 |
Total |
26 | |
|
$350,000 - 399,999 |
0 |
1 |
1 |
0 |
0 |
30 |
3 |
1 |
|||
|
$400,000 - 449,999 |
0 |
0 |
1 |
1 |
0 |
15 |
0 |
0 |
Type of Financing | ||
|
$450,000 - 499,999 |
0 |
0 |
1 |
0 |
0 |
7 |
0 |
2 | |||
|
$500,000 - 599,999 |
0 |
0 |
2 |
0 |
0 |
13 |
0 |
0 |
Conventional |
10 | |
|
$600,000 - 699,999 |
0 |
0 |
0 |
0 |
0 |
12 |
0 |
0 |
FHA |
8 | |
|
$700,000 - 799,999 |
0 |
0 |
1 |
0 |
0 |
21 |
0 |
0 |
VA |
0 | |
|
$800,000 - 899,999 |
0 |
0 |
0 |
0 |
0 |
4 |
0 |
0 |
Assumption |
0 | |
|
$900,000 - 999,999 |
0 |
0 |
0 |
0 |
0 |
5 |
0 |
0 |
Cash |
8 | |
|
$1,000,000 - 2,499,999 |
0 |
0 |
0 |
0 |
0 |
7 |
0 |
0 |
Owner Finance |
0 | |
|
$2,500,000 - 4,999,999 |
0 |
0 |
0 |
0 |
0 |
5 |
0 |
0 |
All Other |
0 | |
|
$5,000,000 & Over |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Unreported |
0 | |
|
Totals |
0 |
7 |
10 |
9 |
0 |
188 |
48 |
8 |
Total |
26 | |
|
Grand Totals |
26 | 244 | |||||||||
|
|
Source:
| 21093 | Maryland | |
|---|---|---|
| Median Home Price | $348,000 | N/A |
| In Current Residence 5+ Years | 50.00% | 39.00% |
| Annual Residential Turnover | 12.00% | 16.00% |
| Median Years in Residence | 5 | 4 |
| Median Dwelling Age | 29 | 29 |
Transportation
| 21093 | Maryland | |
|---|---|---|
| Households with no Vehicles | 4% | 9% |
| Households with one Vehicle | 30% | 32% |
| Households with Two or More Vehicles | 66% | 59% |
| Median Travel Time to Work (minutes) | 20.65 | 27.31 |
Income
| 21093 | Maryland | |
|---|---|---|
| Median Household Income | $85,635 | $66,929 |
| Average Household Income | $119,175 | $90,012 |
| Average Income Change (since 2000) | 26% | 25% |
| Per Capita Income | $49,312 | $34,415 |
| Sales Tax Rate | 6.00% | N/A |
| Sales Tax Type | PL | N/A |
| Median Disposable Income | $68,008 | $55,238 |
Employment
21093
Maryland
White Collar
80.8%
78.6%
Blue Collar
19.2%
21.4%
Employment
| 21093 | Maryland | |
|---|---|---|
| White Collar | 80.8% | 78.6% |
| Blue Collar | 19.2% | 21.4% |
| 21093 | Maryland | |
|---|---|---|
| Average Household Net Worth | $889,092 | $616,337 |
| Median Home Price | $348,000 | N/A |
| 21093 | Maryland | |
|---|---|---|
| Average Total Household Expenditure | $79,734 | $64,960 |
| Household Expenditure Index (100=National Average) | 148 | 121 |
| 21093 | Maryland | |
|---|---|---|
| Annual Precipitation (inches) | 51.53 | 44.11 |
| |||
