Baltimore County-Nottingham, Maryland 21236 2006 Real Estate Market Report

Although the real estate market overall-National and Regional-has slowed somewhat over the last 18 months, Nottingham is still showing strong sales and growth.

2005 Sales:

636 Units sold

Average List price: $241,850

Average Close Price: $241,037 or 99.9% of list

Min Sold Price: $119,000 Max Sold Price: $623,879

2006 Sales:

603 Units sold

Average List price: $260,043

Average Close Price: $257,233 or 98.9% of list

Min Sold Price: $130,000 Max Sold Price: $560,000

The total units sold were down by 33 units (5.2%) for the year while the average sold price in 2006 increased $16,196 or 6.7% over the 2005 figures.

Nottingham closed out with a very strong year and I feel that it will remain strong into 2007 because it is still one of Baltimore County's most desirable communities.

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)