Home Sales in Baltimore Region Rise Almost 16 Percent in October

  • Post author:
  • Post category:County News

Home sales in the Baltimore region rose almost 16 percent in October, the highest level of home sales for the month of October in at least ten years.

As reported by the Baltimore Business Journal,

During the month, 2,965 sales closed across the Baltimore area, up 15.7 percent from 2,562 in October 2014, according to data released Tuesday by Rockville-based RealEstate Business Intelligence. The median sales prices dropped 1.7 percent year-over-year to $235,000. Despite the overall drop, prices rose in every local jurisdiction except for Howard County.

Townhome sales realized the largest increase, followed by single family homes. Condo sales declined.

The article summarized how each jurisdiction in the region fared in October:

  • Anne Arundel County — 661 sales, prices up 2.3 percent to $301,900
  • Baltimore City — 613 sales, prices up 5.2 percent to $105,000
  • Baltimore County — 847 sales, prices up 1.4 percent to $214,900
  • Carroll County — 181 sales, prices up 0.9 percent to $287,500
  • Harford County — 344 sales, prices up 2.7 percent to $231,100
  • Howard County — 319 sales, prices down 3.3 percent to $387,000