Local Market Updates A free research tool from MRIS, Inc.
August
Baltimore City New Listings
Year to Date
2009
2010
Change
2009
2010
Change
1,277
1,218
- 4.6%
9,317
9,846
+ 5.7%
Closed Sales
446
381
- 14.6%
3,316
3,683
+ 11.1%
Pending Sales
466
468
+ 0.4%
3,587
4,043
+ 12.7%
$150,000
$93,500
- 37.7%
$145,050
$131,350
- 9.4%
90.0%
87.5%
- 2.8%
87.8%
88.9%
+ 1.2%
Average Days on Market Until Sale
110
105
- 4.6%
122
109
- 10.4%
Single-Family Detached Inventory
866
949
+ 9.6%
--
--
--
4,797
4,634
- 3.4%
--
--
--
Median Sales Price* Percent of Original List Price Received at Sale*
Townhouse-Condo Inventory
*Does not account for seller concessions. Some of the figures referenced in this report are for only one month worth of activity. As such, they can sometimes look extreme due to the small sample size involved.
Activity—Most Recent Month 1,277
1,218
Activity—Year to Date 2009
2009
2010
9,317
446
- 4.6% 4 6%
Closed Sales
Median Sales Price $150,000
2010
381
3,316
14 6% - 14.6%
New Listings
9,846
3,683
+ 11.1% 11 1%
+ 5.7% 5 7% New Listings
Closed Sales
Percent of Original List Price Received at Sale 2009
$145,050 $131,350
2010
2009
90.0%
87.5%
87.8%
2010
88.9%
$93,500
- 9.4%
- 37.7% August
Year to Date
Days on Market Until Sale 105
August
Year to Date
Inventory of Homes for Sale 2009
110
+ 1.2%
- 2.8%
2010
122
4,797
109
4,634
2009 2010
866 - 4.6% August
- 10.4% Year to Date
949 + 9.6%
Single-Family Detached
- 3.4% Townhouse-Condo Attached
All data provided by RealEstate Business Intelligence, LLC | An MRIS company Reports are created and maintained by 10K Research and Marketing. Data current as of 9/9/2010. This report may be reproduced by MRIS members.