Keller Williams Realty Centre - The Ahrens Team

Market Update

Baltimore Metro Area - Overview

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October 1, 2024 - In the month of August, the total sales volume was 2,806 units, which is a 3.3% decrease from August 2023. Homes went under contract in 22 days. The median sold price was $395,000, which is a 2.6% increase from August 2023.

  • There were 3,063 new listings in August, which is a 1% decrease from August 2023 and a 8.3% decrease from July 2024.
  • 2,892 new pendings, which is down 6.8% from July 2024 and up 1% from August 2023.
  • There are 4,919 active listings.
  • The average sold price was $460,496, which is a 4.56% increase from August 2023.
  • The average sold price in Howard County was $675,445 which was a 7.12% increase from August 2023.

The Baltimore Metro Area housing market includes the City of Baltimore, Anne Arundel County, Baltimore County, Carroll County, Harford County, and Howard County in Maryland.

Source: MarketStats by ShowingTime based on the September 2024 Bright MLS housing data.

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