Home Sales & Value Rise: Baltimore County

As summer has arrived, this year’s housing market is in full swing and home buyers and homeowners are finding good results.An analysis of the year over year home sales for June by the Maryland Association of Realtors (MAR) shows that both home sales and the average home prices have risen in the first half of 2014 and therefore home values have increased.  Baltimore County home sellers in June of 2014 saw the following improvements in the housing market as compared to June 2013:

·         Median sale price:  The median home price for Baltimore County homes increased 4.9% making the median price $225,000. The median home price being the middle value of all homes sold (1/2 are higher and 1/2 are lower.)

·         Average sales price: The average home price for Baltimore County homes rose 8.5% to an average sales price of $266,429. The average home price being a weighted average of all home sales in the state.

If you are thinking of selling your home or just need to know the value of your home for any other reason, get your home’s value and comprehensive report in less than a minute, which includes local comparable sales at www.marylandhomevalue.net

If you’re looking to purchase a new home, find the newest homes listed for sale and all homes for sale in Baltimore County, or anywhere in Maryland, visit www.marylandproperties4sale.com .