The Baltimore home demand index is a report put out by T3/Bright MLS, our Baltimore multiple listing service.
The Baltimore home demand index for September 2021 was 129, which is the highest point for moderate – one point away from the high level. The Baltimore home demand index August 2021 was moderate at 124.
Here is the link to the Baltimore home demand September 2021 report.
More expensive condos and higher priced single family homes continued to be in the most demand, according to the report.
For single family homes under $250,000, the market was “limited” at 56 (below the limited market at 58 in August,) $250-590,000 was high at 135 (up three points from August,) and above $590,000 was very high at 223 (High is 130 and above, though this was a slight drop from 225 in August.)
Condos below $310,000 were in the moderate range at 114, down from 116 last month. Condos above $310,000 were very high at 230, up even higher than August’s 230 number.
Townhouses have only one category – any/all townhouses in the Baltimore area, and that was high at 141, up from the high of 130 last month.
This is a very interesting report and a newer one to me. I look forward to following it to see what it shows for October.
Please contact me to help you navigate this Baltimore real estate market!