Baltimore County-Nottingham, Maryland 21236 1st Qtr Real Estate Market Report
By Stephen Luckett
(ExecuHome Realty-LuckNet Real Estate Group)
Although the market overall-National and Regional-has slowed somewhat over the last 18 months, Nottingham is still showing strong sales and growth in the First Quarter of 2007. 2006 Sales:121 Units soldAverage List price: $245,743Average Close Price: $243,811 or 99.2% of listMin Sold Price: $134,500 Max Sold Price: $425,0002007 Sales:99 Units soldAverage List price: $262,794Average Close Price: $258,288 or 98.3% of listMin Sold Price: $136,000 Max Sold Price: $412,900The total units sold were down by 22 units (18.2%) for the quarter while the average sold price in 2007 increased $14,477 or 5.94% over the 2006 figures. Nottingham closed out with a very strong quarter, compared to many parts of Baltimore County. I feel that it will remain strong into 2007 because it is still one of Baltim...
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