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Baltimore-area housing market shows signs of fall slowdown

October 11, 2023

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.

Article Source: Baltimore Business Journal

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