Greater Baltimore AreaGreater Brandywine Valley AreaVirginia AreasGreater Capital Region

Market Update

Greater Baltimore Area

Q2 2023

Residential Property Snapshot

Single Family Homes & Condos | Q2 2023
Med. Sales Price
$435k
2% more than in
Q2 2022
Avg. Days On Market
22
29% more than in
Q2 2022
Closed Sales
6,088
28% fewer than in
Q2 2022
Inventory
2,180
Data unavailable for
Q2 2022

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 2023

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q2 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q2 2023

Rotate your device to view as table
'22 - '23
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-30%
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.
n/a
Closed Sales
-28%
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.
29%

34 Communities

Communities

Annapolis

Median
$625k
DOM
24
Sales
91
Inv
38

Baltimore City

Median
$300k
DOM
36
Sales
555
Inv
314

Bel Air

Median
$290k
DOM
6
Sales
28
Inv
3

Canton

Median
$430k
DOM
70
Sales
9
Inv
16

Catonsville

Median
$441k
DOM
15
Sales
116
Inv
16

Charles Village

Median
$171k
DOM
30
Sales
6
Inv
1

Clarksville

Median
$1.01m
DOM
7
Sales
22
Inv
5

Cockeysville

Median
$370k
DOM
21
Sales
29
Inv
10

Columbia

Median
$580k
DOM
12
Sales
210
Inv
31

Ellicott City

Median
$718k
DOM
16
Sales
152
Inv
39

Federal Hill

Median
$177k
DOM
100
Sales
4
Inv
2

Fells Point

Median
$270k
DOM
57
Sales
12
Inv
10

Glen Arm

Median
$392k
DOM
10
Sales
7
Inv
7

Green Spring Valley

Median
$1.85m
DOM
9
Sales
2
Inv
1

Guilford

Median
$936k
DOM
34
Sales
21
Inv
5

Hampden

Median
$400k
DOM
7
Sales
7
Inv
4

Hampstead

Median
$375k
DOM
24
Sales
17
Inv
1

Locust Point

Median
$490k
DOM
42
Sales
7
Inv
5

Lutherville-Timonium

Median
$525k
DOM
15
Sales
89
Inv
26

Mays Chapel

Median
$579k
DOM
16
Sales
39
Inv
12

Middle River

Median
$283k
DOM
41
Sales
34
Inv
14

Monkton

Median
$859k
DOM
5
Sales
8
Inv
10

Mount Washington

Median
$470k
DOM
14
Sales
17
Inv
2

Owings Mills

Median
$268k
DOM
21
Sales
43
Inv
12

Phoenix

Median
$840k
DOM
61
Sales
1
Inv
1

Pikesville

Median
$460k
DOM
25
Sales
97
Inv
47

Reisterstown

Median
$350k
DOM
12
Sales
59
Inv
12

Roland Park

Median
$536k
DOM
26
Sales
7
Inv
4

Ruxton

Median
$970k
DOM
11
Sales
18
Inv
5

Severna Park

Median
$678k
DOM
17
Sales
124
Inv
21

Sparks

Median
$288k
DOM
18
Sales
20
Inv
7

Towson

Median
$515k
DOM
19
Sales
105
Inv
37

Westminster

Median
$638k
DOM
34
Sales
22
Inv
10

White Marsh

Median
$424k
DOM
17
Sales
10
Inv
7

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Data provided by MRIS - Bright MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Jun 30, 2023 end of day. This report was last updated Jul 7, 2023.

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