FEDERAL HILL, LOCUST POINT, AND SOUTH BALTIMORE HOUSING MARKET DATA

There was a decrease in total units sold in August, with 57 sold this month in Federal Hill, Locust Point, and South Baltimore Real Estate versus 67 last month, a decrease of 15%. This month's total units sold was lower than at this time last year, a decrease of 17% versus August 2024.

Versus last year, the total number of homes available this month is lower by 14 units or 6%. The total number of active inventory this August was 220 compared to 234 in August 2024. This month's total of 220 is lower than the previous month's total supply of available inventory of 230, a decrease of 4%.

Last August, the median sale price for Federal Hill, Locust Point, and South Baltimore Homes was $346,000. This August, the median sale price was $320,000, a decrease of 8% or $26,000 compared to last year. The current median sold price is 1% higher than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In August, there was 3.9 months of supply available in Federal Hill, Locust Point, and South Baltimore, compared to 3.4 in August 2024. That is an increase of 14% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 79 homes newly listed for sale in Federal Hill, Locust Point, and South Baltimore compared to 99 in August 2024, a decrease of 20%. There were 54 current contracts pending sale this August compared to 60 a year ago. The number of current contracts is 10% lower than last August.

In August, the average sale price in Federal Hill, Locust Point, and South Baltimore was 99.3% of the average list price, which is 0.5% higher than at this time last year.

This month, the average number of days on market was 31, lower than the average last year, which was 34, a decrease of 9%.





FOCUS ON: FEDERAL HILL, LOCUST POINT, AND SOUTH BALTIMORE HOUSING MARKET			AUGUST 2025

Zip Code(s): 21230
Units Sold 57	Active Inventory 220	Median Sale Price $320,000	Days On Market 31

Down -17% Vs. Year Ago	Down -6% Vs. Year Ago	Down -8% Vs. Year Ago	Down -9% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 57 sold this month in Federal Hill, Locust Point, and South Baltimore Real Estate versus 67 last month, a decrease of 15%. This month's total units sold was lower than at this time last year, a decrease of 17% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 14 units or 6%. The total number of active inventory this August was 220 compared to 234 in August 2024. This month's total of 220 is lower than the previous month's total supply of available inventory of 230, a decrease of 4%.
		Median Sale Price Last August, the median sale price for Federal Hill, Locust Point, and South Baltimore Homes was $346,000. This August, the median sale price was $320,000, a decrease of 8% or $26,000 compared to last year. The current median sold price is 1% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 79	Current Contracts 54	Sold Vs. List Price 99.3%	Months of Supply 3.9

Down -20% Vs. Year Ago	Down -10% Vs. Year Ago	Up 0.5% Vs. Year Ago	Up 14% Vs. Year Ago


		Months of Supply In August, there was 3.9 months of supply available in Federal Hill, Locust Point, and South Baltimore, compared to 3.4 in August 2024. That is an increase of 14% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 79 homes newly listed for sale in Federal Hill, Locust Point, and South Baltimore compared to 99 in August 2024, a decrease of 20%. There were 54 current contracts pending sale this August compared to 60 a year ago. The number of current contracts is 10% lower than last August.
		Sale Price to List Price Ratio In August, the average sale price in Federal Hill, Locust Point, and South Baltimore was 99.3% of the average list price, which is 0.5% higher than at this time last year. Days on Market This month, the average number of days on market was 31, lower than the average last year, which was 34, a decrease of 9%.


	Federal Hill, Locust Point, and South Baltimore are defined as properties listed in zip code/s 21230.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.