In Bel Air, the 21015 zip code is doing a little better than 21014.

Average time on the market has improved for Bel Air 21015, down to an average time of 86 days versus 115 last May. The best segment of the market is 4-bedroom detached homes selling between $400,000 and $700,000. The second best segment of the 21015 market is attached homes – such as town homes/villas/condos – between $150,000 and $350,000. The median price is $269,500 with a list to sell ratio of approximately 92.9%. There are about 210 active listings, and in the month of May 2011 there were 24 homes sold. Down roughly 25% in sales volume, there are around 25 homes under contract.

As we turn to take a look at Bel Air 21014, the best segment of this market is 4-bedroom detached homes priced between $250,000 and $499,000. The second best segment of the 21014 market is 3-bedroom single-family detached homes priced between $150,000 and $399,000. Average days on the market have been consistent at 120 days. There are approximately 217 homes on the market and in May 2011, 38 homes sold, which is down just about 30% from last May. The average list to sell ratio in 21014 is approximately 91.5%.

All of this market data shows we are still in a buyer’s market. Sellers, you are in a beauty contest AND pricing war!