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| AUGUST 2025 | |||
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| Units Sold 626 |
Active Inventory 2,478 |
Median Sale Price $240,000 |
Days On Market 42 |
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| Down -11% Vs. Year Ago |
Down -6% Vs. Year Ago |
Up 13% Vs. Year Ago |
Up 14% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 626 sold this month in Baltimore City Real Estate versus 599 last month, an increase of 5%. This month's total units sold was lower than at this time last year, a decrease of 11% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 153 units or 6%. The total number of active inventory this August was 2,478 compared to 2,631 in August 2024. This month's total of 2,478 is lower than the previous month's total supply of available inventory of 2,601, a decrease of 5%. |
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Median Sale Price
Last August, the median sale price for Baltimore City Homes was $212,000. This August, the median sale price was $240,000, an increase of 13% or $28,000 compared to last year. The current median sold price is 2% lower 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. |
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| New Listings 957 |
Current Contracts 636 |
Sold Vs. List Price 99.8% |
Months of Supply 4.0 |
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| Down -12% Vs. Year Ago |
Up 4% Vs. Year Ago |
No Change Vs. Year Ago |
Up 6% Vs. Year Ago |
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Months of Supply
In August, there was 4.0 months of supply available in Baltimore City, compared to 3.7 in August 2024. That is an increase of 6% 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. |
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New Listings & Current Contracts
This month there were 957 homes newly listed for sale in Baltimore City compared to 1,088 in August 2024, a decrease of 12%. There were 636 current contracts pending sale this August compared to 610 a year ago. The number of current contracts is 4% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Baltimore City was 99.8% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 42, higher than the average last year, which was 37, an increase of 14%. | |||
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| *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. |
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