Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending April 30, 2023.
Bright MLS currently covers seven states, so there is data for a number of areas.
Starting on page 16 of the Bright MLS real estate report 04/30/2023, the Baltimore real estate data shows the following:
In the Baltimore real estate market, new pending listings from 4/23-30 dropped, remaining well below 2019, 2021 and 2022 numbers, and falling below 2020 numbers. New pending sales were down 26.5% from this time in 2022.
The weekly median number of days for a home to receive an acceptable contract rose, as they had been the highest above 2019-2022 numbers before. They fell below 2020 numbers.
The weekly median list price rose, meeting 2022 numbers, and remaining well above 2019-2021 numbers.
I appreciate this data from Bright MLS and look forward to seeing the next report so I can share with you once received.
End of month past reports from 2023:
If you have questions about getting your Timonium house ready to sell , please contact me. We can strategize together on your best next step. I would be pleased to be of service!