Belair Rd, Nottingham MD 21236

Transcription

1 SITE REPORT 8713 Belair Rd, Nottingham MD Meyers Index Rating Prepared by Mary Dalnekoff at EA Realty, LLC MARYLAND Belair Rd, Nottingham MD N W 1

2 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Economy Baltimore-Columbia-Towson CBSA Metro Area JOB GROWTH year-over-year Nov. 216 Job Growth: 23,7 new jobs 217 Job Forecast: 18,197 new jobs UNEMPLOYMENT RATE Oct. 216 Unemployment: 4.4% 65,76 43,84 21,92-21,92-43,84-65,76 Unemployment 217 Forecast: 4.9% F F Baltimore County JOB GROWTH year-over-year TOP EMPLOYERS # employees Dec. 216 Job Growth: 7,79 new jobs 3,94 23,25 15,47 7,735-7,735-15, Job Forecast: 5,332 new jobs Giant Food Stores LLC John Hopkins Medical Institutions 27, 22, MedStar Health 22, Black & Decker Corp 22, John Hopkins University 15, F EMPLOYMENT BY SECTOR OFFICE ABSORPTION ANNUAL JOB GROWTH BY SECTOR 3,675 2,94 2,25 1, CON EH F G H I M O PBS NRM TTU 6.2% Construction (CON) 19.2% Education & Health (EH) 8.4% Finance (F) 14.2% Government (G) 9.1% Hospitality (H) 1.3% Information (I) 3.6% 3.8% Manufacturing (M) Other (O) 16.9% Professional & Business Services (PBS).% Natural Resource Mining (NRM) 17.2% Trade, Transport & Utilities (TTU) 2

3 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Community Zip Code HOUSEHOLD INCOME 217E Median Household Incomes: $69,874 77,1 71,96 66,82 61,68 56,54 51,4 46,26 POPULATION GROWTH 217E Population Growth:.2% 41,6 4,95 4,3 39,65 39, 38,35 37,7 CRIME RATE per 1, people Total Crime Rate: HOUSEHOLD GROWTH 217E Household Growth: -.11% 16,95 16,66 16,415 16,17 15,925 15,68 15, E 222F Violent Crime Rate: F Population Growth:.66% 217E 222F 222F Household Growth:.64% E 222F Maryland Property Rate: POPULATION BY AGE 217E Median Age: 38year 6 month 7,93. 6,344. 4,758. 3,172. 1,586.. ETHNICITY.9% 2.5%.2%.% Others Two Plus SCHOOLS American Indian Pacific Islander Perry Hall Elementary School score 6/1 Perry Hall Middle School 9/1 Perry Hall High School 4/1 WALKABILITY 85+ Under to to to to to to to % Walk Score: 23/ Asian 15.8% Black 67.2% White 3.6% Hispanic 1 3

4 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Supply Baltimore County PERMITS Nov. 216 Total Residential Permits: 74 7,625 6,1 4,575 3,5 1,525 Single-family Multifamily NUMBER OF LISTINGS Oct. 216 # of Listings: DAYS ON MARKET Jul. 216 Days on Market: 2,999 listings 94 days 3,78 3,465 3,15 2,835 2,52 2,25 1, Nov, 212 Nov, 213 Nov, 214 Nov, 215 Oct, 216 Aug, 212 Aug, 213 Aug, 214 Aug, 215 Jul, 216 City of Nottingham PERMITS Nov. 216 Total Residential Permits: N/A 4

5 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Supply NEARBY PROJECTS Active Project Upcoming Project Sold Out Project NO PROJECT BUILDER UNIT SIZE PRICE RANGE TYPE 1 Perry Meadows Ryland Homes $349,99 - $41,99 Detached 2 Cillian's Crossing Procopio Family Homes $349,99 - $349,99 Attached 3 Weitz Manor Procopio Family Homes $399,99 - $419,99 Detached 4 Kiefer Ridge Procopio Family Homes $369,99 - $399,99 Detached 5 McNeal Farm Ryan Homes $389,99 - $434,99 Detached 6 Ridge View Huhra Homes $399,9 - $399,9 Detached 7 Shirley Ridge Gemcraft Homes $429,99 - $494,99 Detached 8 Shadow Knoll Ryan Homes $379,99 - $433,99 Detached 9 Reserve At Camp Chapel D.R. Horton $471,99 - $55,99 Detached 1 Bishops Meadow Richmond American Homes $59,99 - $539,99 Detached 11 Ravenswood Estates Huhra Homes $384,9 - $449,9 Detached 12 Ravenhurst CalAtlantic Homes N/A N/A Attached 13 Bishops Landing Richmond American Homes $539,99 - $554,99 Detached 14 Taylors Landing Huhra Homes $34,9 - $34,9 Detached 15 Forge Meadows The Keelty Company $449,9 - $495,9 Detached 5

6 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Sales Baltimore County Total Home Closings Nov. 216 Total Home Closings: 7,826 Nov. 216 Total Existing Closings: 7,233 Nov. 216 Total New Closings: 593 Total Home Sales 22,475 17,98 13,485 8,99 4, City of Nottingham Total Home Closings Nov. 216 Total Home Closings: Total Home Sales Nov. 216 Total Existing Closings: Nov. 216 Total New Closings: LTM Zip Code Total Home Closings Nov. 216 Total Home Closings: Total Home Sales Nov. 216 Total Existing Closings: Nov. 216 Total New Closings: 1,

7 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Prices City Of Nottingham CLOSING HOME PRICE Nov. 216 Median Detached New: $382,64 548,95 Nov. 216 Median Detached Existing: $295,75 47,49 392,75 313,66 235, ,83 78, LTM Zip Code CLOSING HOME PRICE Nov. 216 Median SFD New: $354, ,27 427, ,18 256, ,9 85, LTM CLOSINGS BY PRICE RANGE Nov. 216 Median SFD Existing: $277,65 DETACHED AFFORDABILITY New Existing New Existing K 4K-8K 8K-12K 12K-16K 16K-2K 2K-24K 24K-28K 28K-32K 32K-36K 36K-52K 7

8 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Distress City of Nottingham HOUSING TRANSACTION VOLUME BY TYPE New Existing Foreclosure Sale Foreclosure NOD NOTICES OF DEFAULT & FORECLOSURES Nov. 216 Total Foreclosures: N/A Nov. 216 Notices of Default: N/A Zip Code NOTICES OF DEFAULT & FORECLOSURES Nov. 216 Total Foreclosures: 22 Nov. 216 Notices of Default: N/A

9 8713 Belair Rd, Nottingham MD 21236, Jan. 5, 217 Appendix ABOUT Meyers Research combines experienced real estate and technology advisors with leading data to provide our clients with a clear perspective and a strategic path forward. Based in Beverly Hills, we are home to 8 experts in 9 offices across the country. DEFINITIONS AND METHODOLOGY All information presented involved the assembly of data sources that we consider to be reliable, including the Bureau of Labor Statistics, Nielsen Claritas, Public Record Data, Moody's Analytics, Great Schools, U.S. Bureau of the Census, Zillow, various regional Multiple Listing Service providers, Meyers Research and Zonda. We do not guarantee any data accuracy as all information is subject to human errors, omissions, and/or changes. Meyers Index The Meyers Index is a proprietary index that produces a score ranging from to 1, for a geographic area, ranging from the nation to a specific zip code. A higher index score captures the desirability of housing development for the selected area and is calculated using specific data sets weighted to interpret the strength of the market. Such metrics include price appreciation, sales activity, permit activity, demographic growth, household income levels, school scores, and affordability. Walk Score Walk Score measures the walkability of a zip code from - 1 using a patented system based on access to amenities, population density and road metrics. Methodology and full walk score scale can be viewed at methodology.shtml. Score ranges: car dependent area somewhat walkable daily errands do not require a car. Definitions CM - Current Month E - Estimated F - Forecast LTM - Last 12 Months An international real estate investment and services firm with a success proven legacy. Experienced real estate and technology advisors. A comprehensive research platform with real-time information all in one place zonda@meyersresearchllc.com (877)