BALTIMORE METRO HOUSING MARKET DATA

There was a decrease in total units sold in August, with 2,863 sold this month in Baltimore Metro Real Estate versus 2,993 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 4% versus August 2024.

The total number of homes available this month is 6,758 units, which is similar compared to a year ago. This month's total of 6,758 is lower than the previous month's total supply of available inventory of 7,510, a decrease of 10%.

Last August, the median sale price for Baltimore Metro Homes was $395,000. This August, the median sale price was approximately the same at $420,000. The current median sold price is 6% higher than in August 2024.

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 2.4 months of supply available in Baltimore Metro. The amount of supply is similar compared to 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 3,191 homes newly listed for sale in Baltimore Metro compared to 3,825 in August 2024, a decrease of 17%. There were 2,897 current contracts pending sale this August compared to 2,805 a year ago. The number of current contracts is 3% higher than last August.

In August, the average sale price in Baltimore Metro was 100.0% of the average list price, which is 0.5% lower than at this time last year.

This month, the average number of days on market was 30, higher than the average last year, which was 24, an increase of 25%.





FOCUS ON: BALTIMORE METRO HOUSING MARKET			AUGUST 2025

Units Sold 2,863	Active Inventory 6,758	Median Sale Price $420,000	Days On Market 30

Down -4% Vs. Year Ago	No Change Vs. Year Ago	Up 6% Vs. Year Ago	Up 25% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 2,863 sold this month in Baltimore Metro Real Estate versus 2,993 last month, a decrease of 4%. This month's total units sold was lower than at this time last year, a decrease of 4% versus August 2024.
Active Inventory The total number of homes available this month is 6,758 units, which is similar compared to a year ago. This month's total of 6,758 is lower than the previous month's total supply of available inventory of 7,510, a decrease of 10%.
		Median Sale Price Last August, the median sale price for Baltimore Metro Homes was $395,000. This August, the median sale price was approximately the same at $420,000. The current median sold price is 6% higher than in August 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 3,191	Current Contracts 2,897	Sold Vs. List Price 100.0%	Months of Supply 2.4

Down -17% Vs. Year Ago	Up 3% Vs. Year Ago	Down -0.5% Vs. Year Ago	No Change Vs. Year Ago


		Months of Supply In August, there was 2.4 months of supply available in Baltimore Metro. The amount of supply is similar compared to 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 3,191 homes newly listed for sale in Baltimore Metro compared to 3,825 in August 2024, a decrease of 17%. There were 2,897 current contracts pending sale this August compared to 2,805 a year ago. The number of current contracts is 3% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Baltimore Metro was 100.0% of the average list price, which is 0.5% lower than at this time last year. Days on Market This month, the average number of days on market was 30, higher than the average last year, which was 24, an increase of 25%.


	*Defined as the counties of Anne Arundel, Baltimore, Carroll, Harford, and Howard and Baltimore City in MD
	*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.