Reisterstown Real Estate Market Update October 2015
Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Reisterstown average!
Is it time to Sell? Click here to check your homes new value.
Below are market statistics for October 2015.
The total number of active homes on the market this October in Reisterstown was 175 homes, up 1.16% from the same time last year.
Average Sales Price
Last October, the average sale price for Reisterstown was $216,914. This year, average home prices ticked upward, on average, to $271,192, an increase of 25.02% or $54,278 compared to the same time last year.
There was a decrease in total homes sold in October, with 30 sold this month in Reisterstown versus 49 sold in September, a decrease of 38.8%. Total homes sold in October increased 7.1% compared to 28 homes sold during the same time last year.
Up 48.4% from September, there were 46 homes that went under contract pending sale this October in Reisterstown, down 4.2% compared to 48 homes during the same time a year ago.
Days on Market
In October, the average number of days on market in Reisterstown was 62.