Baltimore-area home sales rise 24% in November

Baltimore-area home sales rose 24 percent in November, boosted by higher demand for condominiums.

During the month, 2,107 units sold in the area, up from 1,626 in November 2011, according to data released Monday by Rockville market research firm RealEstate Business Intelligence. Compared with October, home sales increased 2.5 percent from 1,967.

The median sale price of a home in the Baltimore area increased 3.5 percent in November to $230,000, up from $222,250 in the same month last year. Compared…