Residential Sales Post Record Gains (BBJ Story)
Residential sales in the Baltimore metro area in September posted the highest gains in a decade, a new report showed. The average housing sales price last month was $270,000 — a $17,000 increase over the median price in September 2017.
Last month's prices also showed a jump of 19.2 percent above data from September 2011 that posted a low median price of $226,600. The increase in housing value occurred even as recent housing trends show inventory levels declining. The report focuses on Baltimore city and Anne Arundel, Baltimore, Carroll, Harford and Howard counties. Howard County continued to post the region's highest residential sales and Baltimore city the lowest.