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 October 2021 was 121, a drop of 8 points from the Baltimore home demand index for September 2021 that was moderate at 129.
Here is the link to the Baltimore home demand October 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 47 (below the limited market at 58 in August,) $250-590,000 was moderate at 127 (down eight points from September,) and above $590,000 was very high at 217 (High is 130 and above, though this was a slight drop from 223 in September.)
Condos below $310,000 were in the moderate range at 114, same as last month. Condos above $310,000 were very high at 255, up even higher than September’s 230 number.
Townhouses have only one category – any/all townhouses in the Baltimore area, and that was high at 131, down 10 points from the high of 141 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 November.
Please contact me to help you navigate this Baltimore real estate market!