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RESIDENTIAL SALESANALYSIS
THE SALES ANALYSIS:
– Includes all residential units sold in calendar years 2002 and 2003
– Sales are divided out into 5 categories: 1. Single-family2. Townhomes3. Condos4. Mobile Homes5. Residential Units with No Data Assigned
WHAT IS REPORTED?
– Total Number of Sales and Median Sales Value
– For Maryland’s 23 Counties and Baltimore City
– By 2004 United States Postal Zip Codes
– For Each of the 5 Sales Categories
– Inside and Outside Priority Funding Areas (includes PFA comment area)
• Used MdProperty View’s 2002 and 2003 Sales Extract Database
• Extracted only those properties with a Residential Land Use Type
• Used the Dwelling Description Field and Land Use Field to Divide the Sales into the 5 Categories
METHODOLOGY
• Deleted all those sales with an Improvement Value Less than $10,000
• Deleted all those sales that did not have a Consideration Value (Sales Price) at least 1 ½ times the Improvement Value.
METHODOLOGY
2003 Residential Sales
FINDINGS
• In 2003 a Total of 98,401 Residential Units were Sold throughout Maryland
• Single-Family Home Sales represented 51.8% of these sales
• Townhouses, with the second largest number of sales, 31,220, accounted for 31.7%
Percent of Total Sales
51.8%
31.7%
10.3%
0.3%
5.9%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Single-Family Townhouse Condos Mobile Homes Residential No Data
50,971
31,220
10,101
3345,775
Median Sales Value by Type
$243,800
$165,000
$140,000
$111,000
$295,635
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
Single-Family Townhouse Condos Mobile Homes Residential No Data
State Median: $201,647
2003 Median Sales Value by Jurisdiction
$65,865$84,669
$90,433$121,817
$132,523$133,643
$151,835$155,514
$158,461
$170,370$176,778
$186,554$188,994$191,988
$201,647$208,009
$216,242$220,964$222,916$225,294$227,283
$236,655$244,999
$264,978
$294,096
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000
AlleganySomerset
Baltimore cityDorchesterWicomico
CarolineWashington
KentBaltimore co
GarrettCecil
HarfordSt. Mary's
Prince George'sMarylandFrederick
CharlesAnne Arundel
CalvertWorcester
Carroll Talbot
Queen Anne'sHoward
Montgomery
Less than State Median
Greater than State Median
Jurisdictions Less or Greater Than the State Median
GARRETT
FREDERICK BALTIMORE
KENT
CHARLES
CARROLL
HARFORD
CECILALLEGANY
DORCHESTER
WICOMICO
WORCESTER
MONTGOMERY
TALBOT
WASHINGTON
ST. MARY'S
CAROLINE
HOWARD
PRINCEGEORGE'S
ANNEARUNDEL
SOMERSET
CALVERT
QUEENANNE'S
BALTO.CITY
Percent Residential Sales Less than $200,000
23.7%
29.5%
33.4%
39.1%
39.3%
42.0%
42.3%
43.1%
43.5%
47.3%
49.5%
54.4%
55.7%
56.1%
56.7%
61.5%
63.3%
68.2%
71.9%
81.4%
82.1%
82.3%
82.4%
91.6%
95.2%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
Montgomery
Howard
Queen Anne's
Talbot
Carroll
Calvert
Worcester
Anne Arundel
Charles
Frederick
Maryland
Prince George's
Harford
Garrett
St. Mary's
Cecil
Kent
Baltimore co
Washington
Wicomico
Baltimore city
Caroline
Dorchester
Somerset
Allegany
Single-Family Home Sales
• The Median Sales Value in 2003 was $243,800
• Four Counties alone accounted for Over Half of the Single-Family Sales (Montgomery, Prince George’s, Baltimore, and Anne Arundel)
• 36.7% of Single-Family Home Sales were less than $200,000
$68,000
$82,900
$114,000
$120,000
$127,900
$134,900
$150,000
$150,000$160,000
$183,000
$190,000$195,000
$199,500$219,300
$219,900
$237,345
$237,500$240,000
$240,000
$242,000
$243,800
$250,000
$269,900
$368,800$400,000
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 $350,000 $400,000 $450,000
Allegany
Somerset
Baltimore city
Dorchester
Wicomico
Caroline
Garrett
Kent
Washington
Cecil
St. Mary's
Baltimore co
Worcester
Prince George's
Calvert
Talbot
Harford
Charles
Queen Anne's
Carroll
Maryland
Anne Arundel
Frederick
Howard
Montgomery
Median Sales Value of Single-Family Homes
Percent Single-Family Homes Less Than $200,000
2.3%
5.5%
23.4%
29.7%
30.5%
33.5%
34.0%
34.5%
36.7%
39.0%
40.7%
44.3%
50.7%
51.5%
55.1%
59.0%
60.8%
63.7%
69.2%
79.9%
79.9%
80.5%
82.9%
91.2%
94.8%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
Montgomery
Howard
Frederick
Carroll
Charles
Queen Anne's
Anne Arundel
Harford
Maryland
Talbot
Prince George's
Calvert
Worcester
Baltimore co
St. Mary's
Cecil
Garrett
Kent
Washington
Caroline
Baltimore city
Wicomico
Dorchester
Somerset
Allegany
Inside/Outside the PFA
* PFA Analysis Includes Comment Area
Inside/Outside PFA
• In 2003 86.8% of All Residential Sales were Inside the PFA (83,963).
• 78.7% of All Single-Family Home Sales were Inside the PFA (39,982).
• In Maryland the Median Sales Value for All Homes Inside the PFA was $104,336 Less than those located Outside the PFA.
2003 Median Residential Sales Value Inside and Outside the PFA for Maryland*
$192,422
$296,758
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
MARYLAND
Inside PFA Outside PFA
* Sales with an Agricultural Land Use Value are NOT included in these figures.Source: 2003 MdProperty View Sales Data.Prepared by the Maryland Department of Planning, Planning Data Services, July 2004.
* PFA Analysis Includes Comment Area
Distribution of Sales by Sales Category Inside and Outside the PFA
85.3%
78.4%
71.2%
90.5%
35.3%
64.1%
98.1%
24.7%
0.7% 0.6%
21.2%
13.0%
1.7% 0.3%4.1%
1.3%
8.9%
0.6%0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
70.0%
80.0%
90.0%
100.0%
Total SF Residential/Nodata Townhouses Condos Mobile Home
Inside PFA Outside PFA Residual
Source: 2003 MdProperty View Sales Data.Prepared by the Maryland Department of Planning, Planning Data Services, July 2004.
* The Residual value represents those sales that were not geographically identifiable.
* PFA Analysis Includes Comment Area
Single-Family Homes SoldInside/Outside PFA
• The Median Sales Value of Single-Family Homes sold Inside the PFA was $62,972 Less than those Outside the PFA
• Nearly 40.0% of Single-Family Homes sold Inside the PFA were Below $200,000
• Only 25% of Single-Family Sales Outside the PFA were Below $200,000
Single-Family HomesInside/Outside PFA
Inside PFA Outside PFA DifferenceTalbot $200,588 $450,000 $249,412Montgomery $384,000 $615,863 $231,863Howard $349,900 $569,248 $219,348Baltimore co $179,000 $380,000 $201,000Anne Arundel $225,000 $383,000 $158,000Kent $136,950 $265,000 $128,050Garrett $85,900 $210,000 $124,100Calvert $168,000 $289,748 $121,748Prince George's $215,000 $315,175 $100,175Maryland $232,557 $295,529 $62,972Dorchester $92,500 $146,625 $54,125Washington $152,900 $205,000 $52,100Caroline $110,500 $161,250 $50,750Harford $224,950 $270,000 $45,050Charles $229,900 $273,000 $43,100Cecil $161,920 $200,000 $38,080Carroll $230,000 $265,000 $35,000Frederick $260,000 $289,900 $29,900Queen Anne's $231,200 $258,500 $27,300Somerset $78,000 $105,000 $27,000Allegany $67,100 $89,000 $21,900St. Mary's $185,250 $199,900 $14,650Wicomico $125,826 $136,900 $11,074
* PFA Analysis Includes Comment Area
2.4%
6.3%
25.6%
34.7%
34.9%
37.0%
39.6%
39.7%
39.8%
42.4%
49.5%50.3%
58.6%
61.7%
70.1%
72.6%
74.2%
74.5%
79.9%
80.1%
87.0%
90.7%91.8%
92.8%95.0%
0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0%
Montgomery
Howard
Frederick
Carroll
Charles
Queen Anne's
Harford
Anne Arundel
Maryland
Prince George's
Talbot
Worcester
Baltimore co
St. Mary's
Calvert
Cecil
Kent
Washington
Baltimore city
Wicomico
Garrett
Dorchester
Caroline
Somerset
Allegany
Percent of Single-Family Homes with a Sales Price
Less than $200,000 - Inside the PFA
* PFA Analysis Includes Comment Area
Comparison of 2002 and 2003 Sales
Comparison
• Between 2002 and 2003 the total number of residential sales increased by 1,325.
• The number of Single-Family and Townhome sales increased substantially State-wide with an increase of 1,659 for Single-Family sales and 2,609 for Townhomes.
• Residential/No Data Actually decreased by 3,266,(meaning more complete records and reporting)
• The Total Median Sales Value for the State increased by $21,732 from $179,915 in 2002 to $201,647 in 2003.
Change in Median Sales Value of Residential Sales
2003 2002 Difference Pct ChangeMARYLAND $201,647 $179,915 $21,732 12.1%
Talbot $236,655 $190,000 $46,655 24.6%Worcester $225,294 $183,322 $41,972 22.9%Anne Arundel $220,964 $184,900 $36,064 19.5%Charles $216,242 $183,460 $32,782 17.9%Calvert $222,916 $190,664 $32,252 16.9%Montgomery $294,096 $265,000 $29,096 11.0%Dorchester $121,817 $95,000 $26,817 28.2%Cecil $176,778 $151,000 $25,778 17.1%Garrett $170,370 $145,000 $25,370 17.5%Howard $264,978 $240,239 $24,739 10.3%Queen Anne's $244,999 $221,958 $23,041 10.4%Prince George's $191,988 $169,900 $22,088 13.0%Harford $186,554 $165,000 $21,554 13.1%Washington $151,835 $131,005 $20,830 15.9%Baltimore $158,461 $138,000 $20,461 14.8%Carroll $227,283 $207,740 $19,543 9.4%St. Mary's $188,994 $169,700 $19,294 11.4%Frederick $208,009 $190,341 $17,668 9.3%Kent $155,514 $139,000 $16,514 11.9%Caroline $133,643 $118,000 $15,643 13.3%Wicomico $132,523 $119,000 $13,523 11.4%Baltimore City $90,433 $81,000 $9,433 11.6%Somerset $84,669 $82,000 $2,669 3.3%Allegany $65,865 $65,000 $865 1.3%
Sales Less than $200,000
• Those Units Sold for Less than $200,000 decreased substantially.
• There were 7,620 less homes sold below $200,000.
• Representing a 13.5% decrease in those sales considered affordable.
Change in Residential Sales Less than $200,000
2002 2003 Difference Pct LossMARYLAND 56,346 48,726 -7,620 -13.5%
Queen Anne's 458 307 -151 -33.0%Charles 1,908 1,418 -490 -25.7%Prince George's 8,389 6,311 -2,078 -24.8%Anne Arundel 6,119 4,625 -1,494 -24.4%Montgomery 5,576 4,227 -1,349 -24.2%Howard 1,998 1,542 -456 -22.8%Frederick 3,071 2,434 -637 -20.7%Garrett 356 285 -71 -19.9%Worcester 1,468 1,180 -288 -19.6%Calvert 939 776 -163 -17.4%Talbot 465 387 -78 -16.8%Carroll 1,519 1,292 -227 -14.9%Baltimore 9,919 9,006 -913 -9.2%Harford 2,978 2,770 -208 -7.0%Cecil 1,218 1,150 -68 -5.6%St. Mary's 1,040 1,033 -7 -0.7%Wicomico 1,326 1,344 18 1.4%Caroline 329 343 14 4.3%Washington 1,530 1,666 136 8.9%Kent 197 217 20 10.2%Baltimore City 4,513 5,188 675 15.0%Dorchester 316 364 48 15.2%Somerset 174 208 34 19.5%Allegany 540 653 113 20.9%
Change in Single-Family Sales
• Single-Family Home Sales increased by 1,659.
• Charles (518), Carroll (351), Calvert (300), and Washington (281) had the largest total increases.
• The Washington Region, Frederick, Montgomery, and Prince George’s decreased in their total number of sales.
• The Median Sales Value for Single-Family homes increased by $35,800, with the largest increases in Charles ($51,000), Talbot ($47,345), Montgomery ($40,000) and Queen Anne’s ($39,975) Counties.
2002 2003 DifferenceMARYLAND 49,312 50,971 1,659
Charles 1,522 2,040 518Carroll 1,882 2,233 351Calvert 1,087 1,387 300Washington 1,212 1,493 281St. Mary's 1,035 1,250 215Cecil 1,064 1,264 200Harford 2,219 2,353 134Allegany 495 614 119Wicomico 1,172 1,262 90Baltimore 6,360 6,446 86Dorchester 322 404 82Talbot 701 774 73Kent 254 295 41Somerset 165 205 40Caroline 309 348 39Queen Anne's 644 666 22Anne Arundel 5,632 5,644 12Howard 2,430 2,416 -14Garrett 419 393 -26Worcester 903 827 -76Prince George's 7,137 7,022 -115Frederick 2,546 2,379 -167Baltimore City 1,145 977 -168Montgomery 8,657 8,279 -378
Change in Total Number of Single-Family Sales
Change in Median Sales Value of Single-Family Homes
2002 2003 Difference Pct ChangeMARYLAND $208,000 $243,800 $35,800 17.2%
Charles $189,000 $240,000 $51,000 27.0%Talbot $190,000 $237,345 $47,345 24.9%Montgomery $360,000 $400,000 $40,000 11.1%Queen Anne's $200,025 $240,000 $39,975 20.0%Carroll $203,028 $242,000 $38,972 19.2%Howard $330,000 $368,800 $38,800 11.8%Prince George's $184,000 $219,300 $35,300 19.2%Anne Arundel $215,000 $250,000 $35,000 16.3%Calvert $185,000 $219,900 $34,900 18.9%Baltimore $160,755 $195,000 $34,245 21.3%Harford $206,700 $237,500 $30,800 14.9%Frederick $239,900 $269,900 $30,000 12.5%Worcester $171,900 $199,500 $27,600 16.1%Cecil $157,000 $183,000 $26,000 16.6%Dorchester $94,000 $120,000 $26,000 27.7%St. Mary's $169,900 $190,000 $20,100 11.8%Washington $139,900 $160,000 $20,100 14.4%Baltimore City $95,000 $114,000 $19,000 20.0%Caroline $119,000 $134,900 $15,900 13.4%Garrett $135,000 $150,000 $15,000 11.1%Kent $135,000 $150,000 $15,000 11.1%Wicomico $114,900 $127,900 $13,000 11.3%Somerset $81,650 $82,900 $1,250 1.5%Allegany $68,500 $68,000 -$500 -0.7%
2002 2003Single-Family Single-Family Difference Pct Loss
MARYLAND 23,455 18,705 -4,750 -20.3%
Montgomery 563 188 -375 -66.6%Howard 222 132 -90 -40.5%Frederick 850 556 -294 -34.6%Prince George's 4,342 2,857 -1,485 -34.2%Charles 884 623 -261 -29.5%Queen Anne's 316 223 -93 -29.4%Carroll 912 664 -248 -27.2%Worcester 566 419 -147 -26.0%Anne Arundel 2,559 1,920 -639 -25.0%Harford 1,034 812 -222 -21.5%Baltimore City 986 781 -205 -20.8%Baltimore 4,142 3,321 -821 -19.8%Talbot 368 302 -66 -17.9%Garrett 266 239 -27 -10.2%St. Mary's 714 689 -25 -3.5%Cecil 773 746 -27 -3.5%Wicomico 1,018 1,016 -2 -0.2%Caroline 275 278 3 1.1%Calvert 600 614 14 2.3%Kent 176 188 12 6.8%Washington 967 1,033 66 6.8%Somerset 159 187 28 17.6%Dorchester 284 335 51 18.0%Allegany 479 582 103 21.5%
Change in Single-Family Homes Less than $200,000
Percent Single-Family Homes Less than $200,000
2002 2003MARYLAND 47.6% 36.7%
Allegany 96.8% 94.8%Somerset 96.4% 91.2%Dorchester 88.2% 82.9%Caroline 89.0% 79.9%Baltimore City 86.1% 79.9%Wicomico 86.9% 70.4%Washington 79.8% 69.2%Kent 69.3% 63.7%Garrett 63.5% 60.8%Cecil 72.7% 59.0%St. Mary's 69.0% 55.1%Baltimore 65.1% 51.5%Worcester 62.7% 50.7%Calvert 55.2% 44.3%Prince George's 60.8% 40.7%Talbot 52.5% 39.0%Harford 46.6% 34.5%Anne Arundel 45.4% 34.0%Queen Anne's 49.1% 33.5%Charles 58.1% 30.5%Carroll 48.5% 29.7%Frederick 33.4% 23.4%Howard 9.1% 5.5%Montgomery 6.5% 2.3%
Change Inside/Outside PFA
* PFA Analysis Includes Comment Area
Change Inside/Outside PFA
• Between 2002 and 2003 the portion of total sales inside and outside the PFA changed by less than a tenth of a percent. (13.1% to 13.2% outside and 86.9% to 86.8% inside)
• For the State and 14 Jurisdictions the Median Sales Value of those homes sold Outside the PFA are increasing faster than those Inside the PFA.
* PFA Analysis Includes Comment Area
Change Inside/Outside PFA
2002 2003 Difference Pct Change 2002 2003 Difference Pct Change Difference Pct ChangeMARYLAND $171,504 $192,422 $20,918 12.2% $263,677 $296,758 $33,081 12.5% $12,163 0.3%
Garrett $110,500 $115,624 $5,124 4.6% $171,000 $212,500 $41,500 24.3% $36,376 19.6%Carroll $196,000 $208,052 $12,052 6.1% $239,900 $276,595 $36,695 15.3% $24,643 9.1%Harford $157,825 $173,114 $15,289 9.7% $250,000 $290,322 $40,322 16.1% $25,033 6.4%St. Mary's $158,000 $173,424 $15,424 9.8% $180,000 $208,889 $28,889 16.0% $13,465 6.3%Prince George's $167,500 $188,834 $21,334 12.7% $258,900 $308,081 $49,181 19.0% $27,847 6.3%Howard $224,900 $247,101 $22,201 9.9% $505,000 $583,333 $78,333 15.5% $56,132 5.6%Cecil $131,000 $149,398 $18,398 14.0% $178,950 $212,202 $33,252 18.6% $14,854 4.5%Montgomery $257,000 $285,724 $28,724 11.2% $560,000 $640,983 $80,983 14.5% $52,259 3.3%Calvert $165,000 $179,315 $14,315 8.7% $265,145 $296,164 $31,019 11.7% $16,704 3.0%Washington $126,000 $144,564 $18,564 14.7% $185,500 $216,509 $31,009 16.7% $12,445 2.0%Dorchester $85,000 $97,707 $12,707 14.9% $124,000 $144,407 $20,407 16.5% $7,700 1.5%Anne Arundel $173,000 $205,885 $32,885 19.0% $325,000 $391,383 $66,383 20.4% $33,498 1.4%Allegany $64,000 $65,384 $1,384 2.2% $85,000 $87,500 $2,500 2.9% $1,116 0.8%Frederick $180,000 $197,135 $17,135 9.5% $267,500 $294,507 $27,007 10.1% $9,872 0.6%
Somerset $70,000 $81,250 $11,250 16.1% $109,900 $108,333 -$1,567 -1.4% -$12,817 -17.5%Kent $119,550 $142,083 $22,533 18.8% $243,500 $255,555 $12,055 5.0% -$10,478 -13.9%Worcester $182,000 $222,200 $40,200 22.1% $130,000 $145,192 $15,192 11.7% -$25,008 -10.4%Caroline $98,500 $112,500 $14,000 14.2% $142,000 $152,155 $10,155 7.2% -$3,845 -7.1%Talbot $172,500 $210,496 $37,996 22.0% $350,000 $410,714 $60,714 17.3% $22,718 -4.7%Wicomico $116,200 $132,006 $15,806 13.6% $128,000 $140,277 $12,277 9.6% -$3,529 -4.0%Charles $169,900 $198,795 $28,895 17.0% $244,900 $279,453 $34,553 14.1% $5,658 -2.9%Queen Anne's $214,900 $238,657 $23,757 11.1% $238,670 $259,782 $21,112 8.8% -$2,645 -2.2%Baltimore $133,000 $149,720 $16,720 12.6% $344,259 $382,272 $38,013 11.0% $21,293 -1.5%
Inside PFA Outside PFA Change
Blue increasing faster inside the PFA
Single-Family Homes SoldInside/Outside PFA
• Between 2002 and 2003 the portion of single-family homes sold Inside the PFA decreased slightly, from 79.6 percent in 2002 to Only 78.7% in 2003.
• This represents an increase in the number of homes being sold Outside the PFA with 20.4% in 2002 and 21.3% in 2003.
• For Single-Family Homes the State-wide Median Sales Value of those homes sold Inside the PFA actually increased at a faster rate than those outside the PFA.
Single-Family Homes SoldInside/Outside PFA
2002 2003 Difference Pct Change 2002 2003 Difference Pct Change Difference Pct ChangeMARYLAND $197,500 $232,557 $35,057 17.8% $255,000 $295,529 $40,529 15.9% $5,472 -1.9%
Garrett $81,000 $85,900 $4,900 6.0% $173,700 $210,000 $36,300 20.9% $31,400 14.8%St. Mary's $169,000 $185,250 $16,250 9.6% $169,900 $199,900 $30,000 17.7% $13,750 8.0%Anne Arundel $195,000 $225,000 $30,000 15.4% $316,425 $383,000 $66,575 21.0% $36,575 5.7%Montgomery $350,000 $384,000 $34,000 9.7% $535,000 $615,863 $80,863 15.1% $46,863 5.4%Howard $309,900 $349,900 $40,000 12.9% $486,575 $569,248 $82,673 17.0% $42,673 4.1%Prince George's $182,000 $215,000 $33,000 18.1% $258,900 $315,175 $56,275 21.7% $23,275 3.6%Dorchester $83,500 $92,500 $9,000 10.8% $128,950 $146,625 $17,675 13.7% $8,675 2.9%Calvert $149,900 $168,000 $18,100 12.1% $254,950 $289,748 $34,798 13.6% $16,698 1.6%Caroline $98,500 $110,500 $12,000 12.2% $143,000 $161,250 $18,250 12.8% $6,250 0.6%Frederick $233,331 $260,000 $26,669 11.4% $258,900 $289,900 $31,000 12.0% $4,331 0.5%
Somerset $68,600 $78,000 $9,400 13.7% $112,450 $105,000 -$7,450 -6.6% -$16,850 -20.3%Kent $113,500 $136,950 $23,450 20.7% $243,500 $265,000 $21,500 8.8% -$1,950 -11.8%Talbot $165,000 $200,588 $35,588 21.6% $410,000 $450,000 $40,000 9.8% $4,412 -11.8%Queen Anne's $186,500 $231,200 $44,700 24.0% $228,000 $258,500 $30,500 13.4% -$14,200 -10.6%Worcester $171,950 $199,900 $27,950 16.3% $169,000 $179,000 $10,000 5.9% -$17,950 -10.3%Charles $179,900 $229,900 $50,000 27.8% $229,900 $273,000 $43,100 18.7% -$6,900 -9.0%Harford $196,700 $224,950 $28,250 14.4% $246,750 $270,000 $23,250 9.4% -$5,000 -4.9%Baltimore $150,000 $179,000 $29,000 19.3% $330,000 $380,000 $50,000 15.2% $21,000 -4.2%Wicomico $110,900 $125,826 $14,926 13.5% $125,000 $136,900 $11,900 9.5% -$3,026 -3.9%Carroll $190,000 $230,000 $40,000 21.1% $223,700 $265,000 $41,300 18.5% $1,300 -2.6%Cecil $136,500 $161,920 $25,420 18.6% $170,000 $200,000 $30,000 17.6% $4,580 -1.0%Allegany $66,700 $67,100 $400 0.6% $89,000 $89,000 $0 0.0% -$400 -0.6%Washington $133,900 $152,900 $19,000 14.2% $180,450 $205,000 $24,550 13.6% $5,550 -0.6%
ChangeInside PFA - Single Family Outside PFA - Single Family
Blue increasing faster inside the PFA
ZIP CODE SALES ANALYSIS
ZIP CODE SALES ANALYSIS
• Currently the Zip Code Sales Analysis is complete for 2003.
• Data are available for all 5 categories by 2004 USPS Zip Codes.
• Total Counts of Sales and Medians are Available.
• Thematic Maps are available for each Jurisdiction Mapping the Median Sales Value by Zip Code.
Top 25 Median Sales Values for Single-Family Homes by Zip Code
TOP 25 MEDIAN SALES VALUES FOR SINGLE-FAMILY HOME BY ZIP CODE- 2003(For Zip Codes with 10 or More Sales)
County Zip Code Zip Code Name # of Sales Median 1 Talbot County 21654 Oxford 45 $750,0002 Montgomery County 20815 Chevy Chase 304 $714,0003 Montgomery County 20818 Cabin John 21 $695,0004 Montgomery County 20816 Bethesda 250 $690,0005 Montgomery County 20854 Potomac 598 $689,5006 Howard County 21794 West Friendship 28 $678,8637 Howard County 21036 Dayton 46 $649,7468 Howard County 21723 Cooksville 14 $642,5009 Montgomery County 20817 Bethesda 413 $635,000
10 Montgomery County 20860 Sandy Spring 18 $620,00011 Talbot County 21612 Bozman 12 $582,50012 Howard County 20759 Fulton 18 $579,25013 Anne Arundel County 21405 Sherwood Forest 12 $572,50014 Montgomery County 20833 Brookeville 144 $561,27115 Howard County 21029 Clarksville 133 $560,30016 Howard County 21738 Glenwood 48 $560,00017 Howard County 21104 Marriottsville 20 $556,50018 Anne Arundel County 21035 Davidsonville 106 $550,00019 Howard County 21797 Woodbine 70 $547,00020 Montgomery County 20814 Bethesda 203 $539,90021 Montgomery County 20841 Boyds 106 $539,33722 Howard County 21163 Woodstock 11 $530,00023 Baltimore County 21153 Stevenson 14 $525,72324 Talbot County 21662 Royal Oak 12 $517,50025 Howard County 20777 Highland 31 $510,000
Top 25 Median Sales Values for Townhouses by Zip Code
TOP 25 MEDIAN SALES VALUES FOR TOWNHOMES BY ZIP CODE- 2003(For Zip Codes with 10 or More Sales)
County Zip Code Zip Code Name # of Sales Median 1 Montgomery County 20816 Bethesda 13 $589,5002 Montgomery County 20814 Bethesda 38 $570,0003 Montgomery County 20852 Rockville 104 $462,5004 Montgomery County 20854 Potomac 154 $437,0005 Montgomery County 20817 Bethesda 55 $430,0006 Montgomery County 20815 Chevy Chase 30 $427,0007 Montgomery County 20851 Rockville 10 $420,0008 Montgomery County 20850 Rockville 354 $411,8549 Howard County 21029 Clarksville 28 $374,750
10 Montgomery County 20871 Clarksburg 72 $360,73111 Montgomery County 20895 Kensington 10 $354,50012 Howard County 21163 Woodstock 32 $349,95013 Anne Arundel County 21037 Edgewater 110 $335,63814 Montgomery County 20841 Boyds 13 $329,00015 Montgomery County 20910 Silver Spring 27 $321,00016 Frederick County 21704 Frederick 121 $308,21117 Anne Arundel County 21140 Riva 14 $290,67518 Garrett County 21550 Oakland 14 $290,00019 Baltimore County 21043 Ellicott City 14 $288,45020 Montgomery County 20878 Gaithersburg 731 $284,70021 Baltimore City 21210 Roland Park 30 $284,00022 Anne Arundel County 21054 Gambrills 39 $272,12523 Worcester County 21842 Ocean City 221 $269,90024 Montgomery County 20853 Rockville 22 $269,50025 Garrett County 21541 McHenry 15 $265,000
20837
20882
20854
20841
2087420878
20872
20871
20833
20905
20817
20850
20855
20904
20906
20876
20832
20852
20853
20902
20866
20877
20901
20879
20815
20910
20814
20816
20886
20860
20895
20861
20903
20851
20912
2081820812
20842
20838
20839
21771
20868
20862
20899
21797
20892
20777
20707
20889
20894
Source: 2003 MdProperty View Sales Extract.Prepared by the Maryland Department of Planning, Planning Data Services, September 2004.
2003 MEDIAN SALES VALUE BY ZIP CODE MONTGOMERY COUNTY
Less than 10 Sales in Zip Code
$32,475 - $99,999$100,000 - $199,999$200,000 - $249,999$250,000 - $299,999$300,000 - $399,999$400,000 - $499,999$500,000 - $985,000
County Median: $294,096
FUTURE ANALYSIS:
• 2002 Residential Zip Code Analysis Available Soon.
• 2004 Residential Sales Analysis will begin in the Spring.
• Also available upon request, customized analysis of residential sales data (for example by year built or price ranges)
WHERE TO FIND IT:WWW.MDP.STATE.MD.US/MSDC