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Gwynn Oak Real Estate Market Update September 2015

Will Featherstone

Having the right real estate agent means having someone who is committed to helping you buy or sell your home with the highest level of expertise in y.

Having the right real estate agent means having someone who is committed to helping you buy or sell your home with the highest level of expertise in y.

Feb 7 2 minutes read

Featherstone & Co. is outpacing the market by selling our listings, on average, almost 2 weeks faster than the Gwynn Oak average!

Is it time to Sell? Click here to check your homes new value.

Below are market statistics for September 2015.

Active Inventory

The total number of active homes on the market this September in Gwynn Oak was 194 homes, up 17.58% from the same time last year.

Average Sales Price

Last September, the average sale price for Gwynn Oak was $143,262. This year, average home prices ticked downward, on average, to $154,830, an increase of 8.07% or $11,568 compared to the same time last year.

Units Sold

There was a decrease in total homes sold in September, with 48 sold this month in Gwynn Oak versus 56 sold in August, a decrease of 14.3%. Total homes sold in September increased 23.1% compared to 39 homes sold during the same time last year.

Current Contracts

Down 45.3% from August, there were 41 homes that went under contract pending sale this September in Gwynn Oak, down 16.3% compared to 49 homes during the same time a year ago.

Days on Market

In September, the average number of days on market in Gwynn Oak was 60.



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