Greater Baltimore AreaCoastal DelawareCoastal MarylandGreater Wilmington & Southern PAGreater DC Capital Region

Market Update

Greater Baltimore Area

Q1 2025

Residential Property Snapshot

Single Family Homes & Condos | Q1 2025
Med. Sales Price
$430k
1% more than in
Q1 2024
Avg. Days On Market
36
13% more than in
Q1 2024
Closed Sales
4,156
0% change from
Q1 2024
Inventory
3,113
46% more than in
Q1 2024

Sales Price vs. Closed Sales

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
Closed
New
Inventory

Closed Sales by Price

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 2025

Median Sales Price vs. Average Days on Market

Single Family Homes & Condos

  • Single Family Homes
  • Condos
 |  Q1 Last 5 Years
By Year
By Price

Market Data by Year

Single Family Homes & Condos

  • Single Family Homes
  • Condos

 |  Q1 2025

Rotate your device to view as table
'24 - '25
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
46%
New Listings
New Listings represents the number of properties listed during the quarter.
20%
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.
42%
Closed Sales
0%
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.
13%

34 Communities

Communities

Annapolis

Median
$679k
DOM
25
Sales
63
Inv
74

Baltimore City

Median
$290k
DOM
50
Sales
403
Inv
493

Bel Air

Median
$310k
DOM
17
Sales
23
Inv
14

Canton

Median
$380k
DOM
30
Sales
6
Inv
7

Catonsville

Median
$450k
DOM
25
Sales
45
Inv
15

Charles Village

Median
$210k
DOM
37
Sales
4
Inv
5

Clarksville

Median
$1.24m
DOM
12
Sales
10
Inv
9

Cockeysville

Median
$470k
DOM
19
Sales
35
Inv
10

Columbia

Median
$536k
DOM
18
Sales
112
Inv
57

Ellicott City

Median
$658k
DOM
22
Sales
92
Inv
36

Federal Hill

Median
$332k
DOM
54
Sales
2
Inv
2

Fells Point

Median
$290k
DOM
119
Sales
6
Inv
14

Glen Arm

Median
$583k
DOM
9
Sales
4
Inv
3

Green Spring Valley

Median
$358k
DOM
59
Sales
1
Inv
1

Guilford

Median
$535k
DOM
5
Sales
1
Inv
5

Hampden

Median
$410k
DOM
12
Sales
7
Inv
5

Hampstead

Median
$250k
DOM
35
Sales
7
Inv
5

Locust Point

Median
$655k
DOM
3
Sales
2
Inv
9

Lutherville-Timonium

Median
$455k
DOM
23
Sales
54
Inv
16

Mays Chapel

Median
$282k
DOM
24
Sales
16
Inv
8

Middle River

Median
$272k
DOM
40
Sales
31
Inv
13

Monkton

Median
$596k
DOM
15
Sales
4
Inv
9

Mount Washington

Median
$360k
DOM
36
Sales
5
Inv
3

Owings Mills

Median
$297k
DOM
57
Sales
48
Inv
28

Phoenix

Median
n/a
DOM
0
Sales
0

Pikesville

Median
$337k
DOM
43
Sales
72
Inv
59

Reisterstown

Median
$355k
DOM
38
Sales
40
Inv
15

Roland Park

Median
$870k
DOM
5
Sales
5
Inv
4

Ruxton

Median
$820k
DOM
32
Sales
4
Inv
10

Severna Park

Median
$737k
DOM
32
Sales
60
Inv
28

Sparks

Median
$538k
DOM
43
Sales
12
Inv
11

Towson

Median
$475k
DOM
36
Sales
56
Inv
48

Westminster

Median
$452k
DOM
33
Sales
18
Inv
24

White Marsh

Median
$400k
DOM
46
Sales
10
Inv
5

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Data provided by Bright MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2025 end of day. This report was last updated Apr 4, 2025.

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