Baltimore-area housing market shows signs of fall slowdown

The Greater Baltimore housing market continued to see high prices and low inventory in September but there are signs of a coming fall slowdown. The median home price in the Baltimore metro area was $379,000 last month, which was down from August’s record high of $385,000 but still up 4.1% compared to September 2022, according to a new report from Rockville-based Bright MLS released Tuesday. The year-over-year price growth is being driven by the low number of houses on the market, with inventory down nearly 60% compared to September 2019 and new listings at a two-decade low.