Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending May 7, 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 05/07/2023, the Baltimore real estate data shows the following:

In the Baltimore real estate market, new listings dropped, falling below 2019-2022 numbers. New listings were down 22% from the same time last year.

New pending listings from 4/30-5/7 rose very slightly, but remained well below 2019, 2021 and 2022 numbers, and remaining below 2020 numbers. New pending sales were down 22% from this time in 2022.

The weekly median number of days for a home to receive an acceptable contract remained at 11 days, remaining below 2020 numbers, but staying well above 2021 & 2022 numbers.

The weekly median list price rose again, above 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:

Baltimore real estate market trends from 04/30/2023.

Maryland real estate market trends from 03/26/2023.

Maryland real estate market trends from 02/26/2023.

Maryland real estate market trends from 01/29/2023.

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!