The local housing market, ZIP code by ZIP code
I typically write a story about housing trends at a ZIP-code level every six months. But there's no reason I can't crunch, say, July data just for you.
So I did. I'm thoughtful that way.
The numbers come from Metropolitan Regional Information Systems, which runs the local multiple listing service. That means for-sale-by-owner and many new home sales are not included.
Another wonkish caveat: I've included only those ZIP codes that had at least five sales in July 2007 and five sales in July 2006, to try to get rid of as many apples-to-oranges comparisons as possible. But even with that culling, I see some areas with huge changes that might be about very different types of homes selling this July vs. last July, rather than market swings. (Crownsville dropping from $800,000 to $380,000? Now there would be a bargain. And a news story.)
Right, then. On to the stats!
Here's a link to home-price changes by ZIP code in the Baltimore metro area, ranked in ascending order: Download file
And a link to sales changes, also in ascending order: Download file
And finally, a list of the most and least expensive areas, by average sales price: Download file
If you've got a hankering to see where, exactly, a certain ZIP is located -- the Baltimore City ZIP codes are just labeled "Baltimore," after all -- then check out the ZIP code maps here, on the Maryland Department of Planning site.
And, of course, you can look up ZIP codes one at a time at MRIS to see other information, including median price and average days on market. (Keep in mind that the sales and average price numbers will probably be slightly different than the ones in my files. MRIS says it sends me its list of all home sales after it puts ZIP data online, which means more time for agents to add or correct sales information.)
I don't have August yet, but I'll crunch it when I get it if I'm not doing so just for my own amusement. I'm a wonk, but even I have limits.
