Prices remain flat; Active listings remain historically low, but new listings rise sharply
After a slow start to the year, demand continues on an upward trend in the Baltimore Metro Area housing market. Sales and new pending contracts both rose at double-digit rates relative to last year, evidence of improved confidence among buyers. Despite the demand pressures, the median price remained flat in the region, rising only $500 from last year. There were increases in median price at the jurisdiction level, however many were slower than in recent months.