Baltimore Metro Area Real Estate Market Slides to Contracts Low Point

There were 3,832 homes sold in the Baltimore Metro Area market over the last 30 days, while 4,704 contracts were executed. This marks the lowest amount since March, and could be a sign that the market is softening. With a total of 1,217 contracts executed, Baltimore County contributed the most. While contracts numbers were weak, the median sales price of those homes came in at $277,000, which extended a price upswing to nearly three months. With only three months of inventory left to sell and prices on the rise, the Baltimore Metro Area is still a seller's market, in spite of the downward trend in contracts numbers.

If money isn't a problem, check out these eye-catching listings in the Baltimore Metro Area:

$15.1M   $14.5M   $12.5M  

Get started right now by checking out Baltimore Metro Area homes for sale or reviewing Baltimore Metro Area real estate trends.

Demographic facts for the Baltimore Metro Area:

  • The percentage of the population who own their homes is 61.1%.
  • The annual job growth rate is 1.03%.
  • For every teacher there are 15.0 students in this area. (15.3 = national average)

Data reported through 6/14/2017


Ask a local expert about this area:
Keller Williams Select Realtors
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Coldwell Banker Residential Brokerage
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©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
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