The Baltimore home demand index for December 2024 is 73, which is up one point from last month, remaining the “slow” category from the Baltimore home demand index for November 2024 that was “slow” at 72. (Please note that the index is one month behind, meaning the data for the December 2024 report is from November 2024 data.)
The Baltimore home demand index is a report created by T3/Bright MLS, which is the company that runs our Baltimore real estate multiple listing service.
Here is the link to the Baltimore home demand December 2024 report.
This is a multi-area overview of Baltimore area home sales for the prior month. It includes Anne Arundel, Baltimore City, Baltimore, Carroll, Harford, and Howard counties. Your Baltimore neighborhood’s value may have different scenarios, prices and timelines than this general area report.
Baltimore condos above $400,000 continued to be in higher demand than other types of homes in the Baltimore real estate market.
For Baltimore single family homes under $358,000, the market remained “Limited” at 65 (up from 62 in November), $358-815,000 was “Slow” at 71 (down one point from “Slow” at 72) and above $815,000 was “Limited” at 58 (down 13 points from “Slow” at 71 in November.)
Baltimore Condos below $400,000 fell into the “Slow” range at 89, down from 91 last month. Condos above $400,000 remained in the “Moderate” range at 110, down from 122 last month.
Townhouses have only one category – any/all townhouses in the Baltimore area, and that remained in the “Slow” range at 80, up five points from 75 last month.
We are continuing to see a changing Baltimore real estate market. This month saw some rises and some drops in the various categories of Baltimore home sales.
Here is the Baltimore Home Demand Index November 2024 so you can see the changes month-over-month.
Please contact me to help you navigate the Baltimore real estate market.
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