Market Update
Greater Baltimore Area
Q2 2026
Residential Property Snapshot
Single Family Homes & Condos | Q2 2026
Med. Sales Price
$490k
3% more than in
Q2 2025
Q2 2025
Avg. Days On Market
29
12% more than in
Q2 2025
Q2 2025
Closed Sales
6,575
2% more than in
Q2 2025
Q2 2025
Inventory
4,125
4% more than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $433k | $521k | 8205 |
| Q2 '23 | $437k | $532k | 6328 |
| Q2 '24 | $465k | $566k | 6174 |
| Q2 '25 | $475k | $573k | 6442 |
| Q2 '26 | $490k | $596k | 6575 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 51.0% |
|---|---|
| Q2 '26 | 3356 |
| Q2 '25 | 3447 |
| 1YR CHANGE | -3% |
| Closed $500k - $1m | 39.6% |
| Q2 '26 | 2605 |
| Q2 '25 | 2462 |
| 1YR CHANGE | +6% |
| Closed $1m - $1.5m | 6.3% |
| Q2 '26 | 415 |
| Q2 '25 | 348 |
| 1YR CHANGE | +19% |
| Closed Over $1.5m | 3.0% |
| Q2 '26 | 199 |
| Q2 '25 | 185 |
| 1YR CHANGE | +8% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 17 | $433k |
| Q2 '23 | 23 | $437k |
| Q2 '24 | 22 | $465k |
| Q2 '25 | 26 | $475k |
| Q2 '26 | 29 | $490k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q2 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
4%
New Listings
New Listings represents the number of properties listed during the quarter.
9%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
4%
Closed Sales
2%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
12%
Annapolis
Median
$725k
DOM
31
Sales
117
Inv
90
Baltimore City
Median
$333k
DOM
42
Sales
500
Inv
512
Bel Air
Median
$310k
DOM
21
Sales
39
Inv
21
Canton
Median
$385k
DOM
61
Sales
9
Inv
10
Catonsville
Median
$523k
DOM
15
Sales
74
Inv
24
Charles Village
Median
$265k
DOM
42
Sales
5
Inv
8
Clarksville
Median
$1.33m
DOM
9
Sales
22
Inv
14
Cockeysville
Median
$553k
DOM
16
Sales
26
Inv
21
Columbia
Median
$583k
DOM
19
Sales
250
Inv
75
Ellicott City
Median
$762k
DOM
16
Sales
172
Inv
64
Federal Hill
Median
$209k
DOM
87
Sales
4
Inv
6
Fells Point
Median
$391k
DOM
65
Sales
12
Inv
12
Glen Arm
Median
$583k
DOM
10
Sales
14
Inv
6
Green Spring Valley
Median
$1.4m
DOM
140
Sales
3
Inv
2
Guilford
Median
$925k
DOM
13
Sales
9
Inv
1
Hampden
Median
$437k
DOM
58
Sales
5
Inv
2
Hampstead
Median
$366k
DOM
47
Sales
39
Inv
9
Locust Point
Median
$413k
DOM
38
Sales
4
Inv
8
Lutherville-Timonium
Median
$545k
DOM
17
Sales
92
Inv
32
Mays Chapel
Median
$565k
DOM
28
Sales
37
Inv
15
Middle River
Median
$311k
DOM
43
Sales
40
Inv
29
Monkton
Median
$765k
DOM
64
Sales
17
Inv
5
Mount Washington
Median
$550k
DOM
30
Sales
15
Inv
5
Owings Mills
Median
$285k
DOM
34
Sales
35
Inv
41
Phoenix
Median
$1.1m
DOM
3
Sales
4
Inv
1
Pikesville
Median
$444k
DOM
34
Sales
81
Inv
73
Reisterstown
Median
$400k
DOM
24
Sales
52
Inv
21
Roland Park
Median
$870k
DOM
25
Sales
10
Inv
4
Ruxton
Median
$820k
DOM
23
Sales
19
Inv
5
Severna Park
Median
$823k
DOM
17
Sales
142
Inv
51
Sparks
Median
$438k
DOM
26
Sales
24
Inv
6
Towson
Median
$561k
DOM
22
Sales
111
Inv
54
Westminster
Median
$415k
DOM
31
Sales
41
Inv
19
White Marsh
Median
$470k
DOM
28
Sales
21
Inv
9