Baltimore County-Sparrows Point, Maryland 21219 Real Estate Market Report

Sparrows Point has taken a large hit over the past twelve months with all the talk surrounding the possible LNG Plant.

Annual Comparison 2005/2006

2005 Sales:

101 Units sold

Average List price: $292,655

Average Close Price: $285,388 or 97.5% of list

Min Sold Price: $42,500 Max Sold Price: $937,500

2006 Sales:

83 Units sold

Average List price: $323,611

Average Close Price: $313,804 or 97.0% of list

Min Sold Price: $47,000 Max Sold Price: $965,000

1^st Quarter Comparison 2006/2007

2006 Sales:

18 Units sold

Average List price: $328,994

Average Close Price: $320,637 or 97.5% of list

Min Sold Price: $180,000 Max Sold Price: $600,000

2007 Sales:

17 Units sold

Average List price: $290,782

Average Close Price: $282,094 or 97.0% of list

Min Sold Price: $155,000 Max Sold Price: $515,000

Sparrows Point is going through a time of adjustment after the 4-5 years of double digit appreciation. I believe for the time the market has leveled off and will begin a period of growth as the brown-fields are redeveloped into viable revenue producing businesses.

For any Real Estate information or questions on buying or selling a home in Baltimore County contact:

Stephen Luckett-Fairfax Realty

Selling Maryland 1 house at a time!

*All statistics from Metro Regional Information Systems (MRIS)