Weekly Market Report: Week Ending February 25, 2024

  • New listings are up for the fourth week in a row. This is a good sign for inventory as listing activity continues trending above last year.

  • Time to contract breaks the downward trend. While the downward trend has halted, the median time to contract is still 3 days faster than the same week last year.

  • Baltimore Metro median list price returns under $400k. While the median list price has increased compared to last week, it is still down compared to the same week last year.

This Week

  • Showings: 13,665

  • New Purchase Contracts: 746

  • Median Time to Contract: 20 days

  • New Listings: 725

  • Median List Price: $359,000

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Weekly Market Report: Week Ending March 10, 2024