Market activity slows with the season, however indicators are stronger than last year; Price growth flattens, despite shrinking inventory
The Baltimore Metro housing market remains stronger than last year, but a seasonal slow-down is taking place throughout the region. Sales numbers declined from last month, with the sharpest drop occurring in the single-family home segment. Condo sales, on the other hand rose, which could be due to their lower price points. Proportionally, condo sales continue to grain traction within the market, which could suggest a change in location preferences in the active buyer market.