Homes for Sale > Real Estate Market > Maryland Real Estate Market > White Marsh Real Estate Market

Winter 2012 Market Update
Don’t miss the boat!!! Rates are still at historical lows; inventory (and thus your choices) is starting to decrease; and the $8k tax rebate goes away as of December 1, 2009. You have to have closed on the house by then and we are seeing days to get to closing increase because of lender backups (allow 45-60 days after you are under contract). DON’T WAIT!!!!! If you can qualify, now is an exceptional time to buy a home in White Marsh. Call now for more information at 443-854-0633

Average Home Price $400,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 90-120 days
Best Selling Price Range$300,000 - $349,000
Worst Selling Price Range$600,000 - $649,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in White Marsh isIncreasing
Seller Activity for the past 90 days in White Marsh is?No Change
Multiple Offers?No
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in White Marsh! The White Marsh area is also feeling the effects of BRAC which steadily reduce the inventory. Of course, we don\'t want to forget the $8k tax credit for anyone who has not owned in the last 3 years.
Nearest Metro AreaBaltimore
Housing Hot SpotsMost cities within the Baltimore County area are considered 'Housing Hotspots'.
Average Sold Price $400,000 - View Graph Trend
White Marsh Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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