3 BD/1 BA Cape Cod – Just amazing a must see – redesigned front, updated bathroom, formal entry, large rear deck, landscaped yards, shed and large storage garage, eat in kitchen, separate dining room, living room family room and Sun room. One year Home Warranty back on market and priced to sell!!
In a recent Forbes article, Baltimore metro area was ranked as the fourth most overpriced area in the United States. Francesca Levy of Forbes wrote a piece titled “Where U.S. homes are most overpriced.”
According to the December 3rd, 2009 Forbes article, the top ten overpriced metro areas in the U.S. are:
1. Orlando-Kissimmee, Florida
2. Miami-Fort Lauderdale-Pompano Beach, Florida
3. Jacksonville, Florida
4. Baltimore-Towson, Maryland
5. Chicago-Naperville-Joliet, Illinois-Indiana-Wisconsin
6. San Antonio, Texas
7. Denver-Aurora, Colorado (tied)
7. Tampa-St. Petersburg and Clearwater, Florida (tied)
9. Indianapolis-Carmel, Indiana
10. Austin-Round Rock, Texas (tied)
10. Nashville-Davidson-Murfreesboro-Franklin, Tennessee (tied)
To read the original Forbes article and view the full list of the 40 most overpriced metro areas in the U.S. go here Forbes.com.
The table in the article goes on to rank the Baltimore metro area:
ninth (9th) when looking at Properties with Price Reductions
eight (8th) when considering List Price versus Absorbed Price
tenth (10th) in Days On Market
twenty-first (21st) on the Five Year Price Forecast
Basically, this determined that homes, here in Baltimore, were on the market longer and sold for less than the original list price. I am uncertain if that should or would be an accurate measure of how to be ranked. It is, however, certainly interesting information and could help explain quite a bit about our current market.
Tremendous Value 3 Bed/2.5 bath Townhome built in 1992. NEW Windows & Front Bay window w/seat. 12×9 Deck and Fenced backyard. Two Car off-street parking pad off alley. Large Living Room Eat In Kitchen and unfinished basement with Rough-in. Plus a 1 Year Home Warranty. Conveniently Located near Shopping & Interstates.
Beautiful 3 Bed w/2 Full & 2 Half Baths End Unit Townhouse in New Town. Many upgrades including Granite counters, glass tile backsplash and additional cabinets in kitchen – new carpet and Pergo flooring. Full house extension on rear for all three levels. Fenced yard, large decks off family room and walkout basement. 3 neighborhood Pools – Freshly painted and ready to move in. One Year HOME WARRANTY
3 Bedroom & 1.5 Bath Split Level Single Family Home w/ In-Ground Pool, Oversized Backyard, Off Street Parking, New Roof, Central A/C & Forced Air Heat, Big closets and lots of storage. Conveniently located near, interstates, shopping, and schools. Clean, freshly painted and move in condition. 1 yr Home Warranty. Appliances & Furniture convey
Tags: Baltimore, central a/c, County, for sale, home, in-ground pool, maryland, parkville, pool
Baltimore County, General Real Estate | Phill Cross |
August 3, 2009 8:52 am |
Comments (0)
There were a total of 399 Properties sold in Baltimore County during October of 2008
| TYPE |
Quantity |
Avg Sales Price |
Days on Market |
| ALL |
399 |
$298,724 |
106 |
| Detached |
208 |
$362,402 |
121 |
| Townhomes * |
160 |
$233,382 |
86 |
| Other ** |
31 |
$208,713 |
108 |
* Townhomes equals rowhomes, town houses, duplexes, and semi-detached units.
** Other includes Condominiums, Mobil homes, double wide trailers, Cooperatives, and modular homes.
There were a total of 516 Properties sold in Baltimore County during September of 2008
| TYPE |
Quantity |
Avg Sales Price |
Days on Market |
| ALL |
516 |
$285,201 |
114 |
| Detached |
280 |
$335,105 |
129 |
| Townhomes * |
178 |
$233,490 |
84 |
| Other ** |
58 |
$204,973 |
140 |
* Townhomes equals rowhomes, town houses, duplexes, and semi-detached units.
** Other includes Condominiums, Mobil homes, double wide trailers, Cooperatives, and modular homes.