Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending May 28, 2023.
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 05/28/2023, the Baltimore real estate data shows the following:
In the Baltimore real estate market, new listings fell, staying below 2019-2022 numbers. New listings were down 23.7% from the same time last year.
New pending listings from 5/21-28 rose, remaining well below 2019-2022 numbers. New pending sales were down 20% from this time in 2022.
The weekly median number of days for a home to receive an acceptable contract came in at 16 days.
The weekly median list price dropped slightly, but 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 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!