Altos Research

Baltimore, MD

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Baltimore, MD

Sun Oct 21 2018
This week the median list price for Baltimore, MD is $234,400 with the market action index hovering around 36. This is less than last month's market action index of 42. Inventory has held steady at or around 682. Click here to stay informed with the Baltimore market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Baltimore, MD

Sun Oct 21 2018
This week the median list price for Baltimore, MD is $234,400 with the market action index hovering around 36. This is less than last month's market action index of 42. Inventory has held steady at or around 682. Click here to stay informed with the Baltimore market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Baltimore market.
Median List Price $234,400
Per Square Foot $156
Days on Market 101
Price Decreased 51%
Price Increased 2%
Relisted 19%
Inventory 682
Median House Rent $1,313
Most Expensive $7,900,000
Least Expensive $10,000
Market Action Index
Slight Seller's Advantage
36

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$574,950 2,793 0.25 - 0.5 acre 4 3 87 18 12 122
$273,950 1,618 6,500 - 8,000 sqft 4 2 92 23 25 80
$199,900 1,385 6,500 - 8,000 sqft 3 2 92 17 20 104
$114,900 1,319 4,500 - 6,500 sqft 3 1 95 30 25 96