This Month in Real Estate October 2014 is out!
Home sales activity dropped slightly to a pace of 5.05 million, down from the 5.15 million we saw last month in This Month in Real Estate September 2014.
The median home price also dropped to $219,800, from $223,000 the previous month.
The average interest rate rose to 4.23% from 4.10% last month.
In the Baltimore real estate market, we saw some jumps in a number of areas, in terms of the volume of homes sold. The numbers in the video are national numbers, and our local Baltimore real estate sales can deviate largely with those national numbers. Some areas may see much higher home sales activity, while others may be on the low end. Real estate is VERY local!
For more information about selling a house in Towson or the Metro Baltimore real estate area, please contact me. I have my fingers on the pulses of the many different Baltimore real estate markets!
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