This Month in Real Estate February 2015 is out!

Home sales activity rose to a pace of 5.04 million, up from the 4.93 million we saw last month in This Month in Real Estate January 2015.

The median home price also rose to $209,000 from $205,000 in January. This is up from February 2014, where the median price was $197,000.

The average interest rate dropped to 3.63% from 3.8% last month.

The home prices and sales in the above Keller Williams Realty video are national numbers. Baltimore real estate sales can deviate very widely from the national statistics. There are some areas, even within the local Baltimore real estate market, that may see higher home sales activity, while others may be on the lower end.

Please contact me for more information about selling a house in Towson or if you are considering buying Baltimore real estate. I understand many of the Baltimore real estate markets!