The Baltimore home demand index for April 2024 is 87, up seven points from last month, remaining the “slow” category from the Baltimore home demand index for March 2024 that was “slow” at 80. (Note that the index is one month behind, meaning the data for the April 2024 report is from March 2024.)

The Baltimore home demand index is a report created and released by T3/Bright MLS, our Baltimore multiple listing service.

Here is the link to the Baltimore home demand April 2024 report.

Please note that this is a multi-area overview of Maryland home sales. It includes Anne Arundel, Baltimore City, Baltimore, Carroll, Harford, and Howard counties. Your Baltimore neighborhood’s value may see different scenarios than this generalized report.

For this month’s report, condos above $399,000 continued to be in higher demand than other types of homes in the Baltimore real estate market.

For single family homes under $345,000, the market was “Slow” at 71 (down one point from “Slow” at 72 for March), $345-791,000 was “Slow” at 83 (up from “Slow” at 70) and above $791,000 was “Steady” at 91 (up from “Slow” at 83.) The mid-and higher-priced homes rose a good amount.

Condos below $399,000 stayed in the “Steady” range at 109, up from 101 last month. Condos above $399,000 stayed the “Moderate” range at 123, up from 112.

Townhouses have only one category – any/all townhouses in the Baltimore area, and that rose to the “Steady” range at 93, up from 85 last month.

We are continuing to see a shifting Baltimore real estate market. This month rose in every category except single family homes under $345,000.

Here is the Baltimore Home Demand Index March 2024 so you can see the changes month-over-month.

Please contact me to help you navigate the Baltimore real estate market!