Focus On: Baltimore County, Maryland

*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by Terradatum, MRIS, and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. “Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.."

Including:

March, 2010

Units Sold

Active Inventory

Median Sale Price

Up 20% Do wn -9% Do wn -6% Do wn -16%

Vs. Year Ago Vs. Year Ago Vs. Ye ar Ago Vs. Year Ago

Units Sold Active Inventory Median Sale Price Days On Market89$216,6254,067530

‐100 200 300 400 500 600 700 800 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

200,000 

210,000 

220,000 

230,000 

240,000 

250,000 

260,000 

270,000 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

‐

20 

40 

60 

80 

100 

120 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

1,000 

2,000 

3,000 

4,000 

5,000 

6,000 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

-

50

100

150

200

250

300

350

400

450

Units Sold*Sold Detached Sold Attached Sold Condo/ Coop

-

1,000

2,000

3,000

4,000

5,000

6,000

Active Inventory*Active Detached Active Attached Active Condo/ Coop

Mar-09 $230,000 Mar-10

$216,625

100,000

120,000

140,000

160,000

180,000

200,000

220,000

240,000

Median Sale Price

There was an inc re ase in total units sold in Marc h, with 530 sold this month in Baltimore County ve rsus 341 last month, an inc rease of 55%. This month's total units sold was higher than at this time last year, an inc rease of 20% ve rsus Marc h, 2009. The c urrent month's total is lowe r than the twe lve month ave rage of 559.

Versus last ye ar, the total number of homes available this month is lower by 401 units or 9%. The total number of ac tive

inventory this Marc h was 4,067 c ompared to 4,468 in Marc h, 2009. This month's total of 4,067 is higher than the previous

month's total supply of available inventory of 3,876, an inc rease of 5%.

Last Marc h, the me dian sale pric e in Baltimore County was $230,000. This Marc h, the median sale pric e was $216,625, a dec rease of 6% or $13,375 c ompared to last year. The c urrent median sold pric e is 0.2% lower than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

Focus On: Baltimore County, Maryland

*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster’s knowledgeable and experienced sales associates. Information included in this report is based on data supplied by Terradatum, MRIS, and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. “Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of MRIS or Long & Foster Real Estate, Inc.."

Including:

March, 2010

Months Of Supply

New Listings & Current Contracts

Sale Price to List Price Ratio

Days On Market

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

Up 32% Up 73% Up 1.3% Do wn -24%

Vs. Ye ar AgoVs. Year AgoVs. Year Ago Vs. Year Ago

Months of SupplySold Vs. List PriceCurrent ContractsNew Listings1557 911 96.1% 7.7

‐

500 

1,000 

1,500 

2,000 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

‐

200 

400 

600 

800 

1,000 

J‐08 M‐08 S‐08 J‐09 M‐09 S‐09 J‐10

94%94%95%95%96%96%97%97%98%

Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10

‐2 4 6 8 

10 12 14 16 

Jan‐08 Jul‐08 Jan‐09 Jul‐09 Jan‐10

11

.1

9.6

7.6 8.1

7.8

7.0

8.6

8.0

9.5 1

0.6

13

.0

9.8

14

.8

12

.5

10

.1

9.6

7.8

6.3 6.4 7

.5

6.7

6.5

6.2

8.7

12

.4

11

.4

7.7

-

2

4

6

8

10

12

14

16

Months Of Supply

-

200

400

600

800

1,000

1,200

1,400

1,600

1,800

New Listings & Current ContractsNumber of New Listings Current Contracts

-

20

40

60

80

100

120

94%

94%

95%

95%

96%

96%

97%

97%

98%

Sale Price/ List Price & DOM

Avg Sale / Avg List Average DOM

This month the re were 1,557 homes newly listed for sale in Baltimore County c ompared to 1,179 in Marc h, 2009, an

inc rease of 32%. The re were 911 c urrent c ontrac ts pending sale this Marc h c ompared to 528 a year ago. The number of

c urrent c ontrac ts is 99% highe r than last month.

This month, the ave rage number of days on marke t was 89, lower than the ave rage last year, whic h was 106, a dec rease of 16%.

In Marc h, the ave rage sale pric e in Baltimore County was 96.1% pe rc ent of the ave rage list pric e , whic h is 1.3% higher than at this time last year.

In Marc h, the re was 7.7 months of supply available in Baltimore County, c ompared to 10.1 in Marc h, 2009. That is a dec rease of 24% ve rsus a year ago.