Sales fell this week to eight homes sold in the Federal Hill market over the last 30 days. However, a three-week positive trend for contracts was extended, with nine pending transactions in the same time frame. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Potential buyers should note that prices went up in Federal Hill, with the median for this period rising from $365,000 to $396,500. Along with the slip in sales, a relatively high nine months of inventory indicates that Federal Hill is a strong buyer's market.
If a home with lots of bedrooms is what you want, then be sure to go see these listings in Federal Hill: