September 22nd, 2022 - In the month of August, the total sales volume in the Baltimore Metro area was 3,726 units. Homes went under contract in an average of 19 days. 3,622 homes are pending and there are 4,496 active listings.
Baltimore Metro Area - Overview
Demand continues to accelerate in 2022.
There were 4,496 active listings. The 5-year August average is 6,846.
Total sales volume for August is 3,726 units, which is a 9.2% increase from July 2022 and a 18.7% decrease from August 2021.
Homes went under contract in an average of 19 days. The 5-year August average is 29 days.
The median sales price was $368,000 and decreased by 0.4% from July 2022, but is a 6.7% increase from August 2021.
The Baltimore Metro Area housing market includes the City of Baltimore, Anne Arundel County, Baltimore County, Carroll County, Harford County, and Howard County in Maryland.
Source: MarketStats by ShowingTime based on August 2022 Bright MLS housing data.