October 14, 2011
By Lee Tessier
IN BEL AIR 21014, home sales were down 34% taking totals sold in September 2010 at 29 to September 2011 total sold at only 19. Listing inventory is down just over 8% at 212 houses compared to 232. Days on the market are up substantially to 186 days versus 100 days last year. The list to sale ratio dropped from 95.5% to only 91.6%. Detached homes are down 50% from 20 sales to only 10 sales for September 2011.
IN BEL
AIR 21015, sales are down about 10% compared to September 2010. This September there were 19 homes sold
versus 22 last year. Listing inventory
is down about 7% at 184 units versus 199 in September 2010. Attached houses and town houses are down 11%
and single family house sales are down about 15% this year. Average time on the market was up quite a bit
from 108 days to 181 days!