Market report, updated

Market Report

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Mcmahanhomes.com
Report prepared by Mcmahanhomes.com Real Broker, LLC

Market at a glance

Over the last 6 months, homes sold for 96.2% of list price in 30 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $442K Sold · $441K
$500K$470K$440K$410K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 826 sales in Jun. Last month: 590.

Where the market stands

All homes in this report, by status.

7,196homes
Active2,040 · 28%
Under contract860 · 12%
Sold (6 mo)4,296 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

2.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$588K
Under contract$465K
Sold$459K

Average days on market

Active72 days
Under contract64 days
Sold30 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2,040
Average list price $587,806
Avg. days on market 72 days
Avg. price per ft² $227
Avg. living area 2,248 ft²
Avg. beds / baths 3.5 / 2.8

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

12 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$1.5M$1M$500K$0

Price vs. living area: 235 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

92 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

213 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

8027 Shore Rd$394
11015 Reisterstown Rd$384
11021 Reisterstown Rd$378
1136 Engleberth Rd$375
5404 Bush St$373
346 Suter Rd$372
2117 N Rolling Rd$352

All active listings (2,040)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5901 Sunset AveBaltimore, MD 21207 421,218$335,000$2751 day
1930 Stanhope RdBaltimore, MD 21222 221,078$209,900$1941 day
1952 Haselmere RdBaltimore, MD 21222 321,524$239,900$1571 day
983 Dalton AveBaltimore, MD 21224 431,272$189,000$1481 day
7709 Wynbrook RdBaltimore, MD 21224 321,344$168,000$1251 day
9426 James Macgowan Ln Unit 461Owings Mills, MD 21117 331,710$349,900$2041 day
318 St Georges RdEssex, MD 21221 321,200$305,000$2542 days
3626 Southside Ave Unit BENTONPhoenix, MD 21131 443,195$919,990$2871 day
14628 Old Hanover Rd Unit BENTONReisterstown, MD 21136 443,195$844,990$2641 day
6 Banyan Wood Ct Unit 304Baltimore, MD 21221 21739$139,900$1891 day
Mcmahanhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Mcmahanhomes.com Real Broker, LLC

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