Baltimore real estate market trends are collected and documented by our MLS, Bright MLS. Here is the update for the week ending October 22, 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 10/22/2023, the Baltimore real estate data shows the following:
In the Baltimore real estate market, new listings fell, remaining below 2019-2021 numbers and falling below 2022 numbers. New listings were down 1.5% from the same time last year and down 8.2% from this time last week.
New pending sales from 10/15-22 also fell from last week, remaining well below 2019-2022 numbers. New pending sales were down 15.4% from this time in 2022.
The median number of days for a home to receive an acceptable contract came in at 20 days.
The weekly median list price fell, down 2.7% from last week. It remained 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 interesting in 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!