"In November, home prices fell substantially from the month before, with a median listing price of $240,000. The number of listings on the market remained practically unchanged from last month, which is typical for this time of the year in Baltimore, and homes are also selling close to the same pace as the same time last year. Home prices in Baltimore Typically, home price per square foot in Baltimore tend to fall in November."
"And the most recent data shows that the price per square foot decreased by 2.8% compared with the month before. So, how does this compare with the rest of the U.S.? Nationally, home price per square foot decreased 1.2%, which means price changes in Charm City are larger the national market."
Median listing price in Baltimore fell to $240,000 in November, marking a substantial month-over-month decline. The number of active listings was nearly unchanged from the prior month, which is typical for this time of year, while inventory rose 32.5% year-over-year to 3,002 homes. Price per square foot in Baltimore decreased 2.8% from the previous month, a larger decline than the national per-square-foot decrease of 1.2%. Homes in Baltimore averaged 51 days on market in November, three days longer than the prior month and one day longer than last year. Nationally, homes averaged 64 days on market in November.
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