Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending January 28, 2024.
Bright MLS currently covers seven states, so there is data for a number of areas.
Starting on page 18 of the Bright MLS real estate report 01/28/2024, the Baltimore real estate data shows the following:
In the Baltimore real estate market, new listings rose from last week. They remained below 2020-2023 numbers. New listings were up 2.8% from the same time week but down 2.5% from this time last year.
New pending sales from 1/21-28 dropped, remaining below 2020-2023 numbers. New pending sales were down 6.5% from last report, but down 12.8% from this time in 2023.
The median number of days for a home to receive an acceptable contract came in at 28 days.
The weekly median list price dropped very slightly, down 0.6% from last week. It rose above 2023 numbers, up 9.5% and stayed above 2019-2022 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 are considering 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!