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

The Baltimore home demand index for March 2022 was 108, a rise of 16 points from the Baltimore home demand index for February 2022 that was “steady” at 92. (Note that the index is one month behind, meaning the data for the March report is from February 2022.)

Here is the link to the Baltimore home demand March report.

This is an entire state overview. Your Baltimore neighborhood’s value may see different scenarios than this generalized report.

For this month’s report, higher priced single family homes continued to be in higher demand, rising to 45 points from the prior month putting them at the “High” level.

For single family homes under $250,000, the market was “limited” at 41 (same as the limited market at 41 in February,) $250-590,000 was “Moderate” at 115 (up 22 points from February,) and above $590,000 was “High” at 172 (High is 130 and above.)

Condos below $310,000 rose into the “Steady” range at 98 , a rise from 94 last month. Condos above $310,000 remained high at 285, a jump from the February number of 255.

Townhouses have only one category – any/all townhouses in the Baltimore area, and that was “Moderate” at 122, an increase from 108 last month.

This is a very interesting report, especially because in particular areas, I am finding demand to be still very high and inventory low. I look forward to following it to see what it shows for April.

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