Wednesday, April 24, 2024 | Baltimore, MD
Baltimore, MD
73°
Partly Cloudy
FOLLOW US:

Baltimore-area residential market sees demand slow in March, but prices remain high

April 14, 2022

Home sales in Greater Baltimore dipped slightly last month — a year after bidding wars for homes were the norm. The dip, though, did not translate to lower prices as the annual spring selling season starts to ramp up. Data released on Wednesday showed home and condominium sales in Baltimore and its surrounding counties posted a median price of $340,000 in March — a nearly 8% jump from the same month last year. A total of 3,584 residential units changed hands in March, down almost 2% from a year ago, according to data from Rockville-based Bright MLS.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.