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