Baltimore-area home sale prices reached a March record last month, as inventory levels remained below historic averages.
Median sales prices across the region hit $264,000, up 1.9 percent from March 2018, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.
The number of closed sales, however, declined for the seventh straight month. Sales in March fell by 7.9 percent to 2,838. Pending sales, meantime, rose 4.5 percent to 4,410.
March’s overall sales…
from Fort Lauderdale Real Estate News & Residential Real Estate News – Residential Real Estate News Headlines | Bizjournals.com & Banking & Financial News – Banking & Financial News Headlines | Bizjournals.com http://feeds.bizjournals.com/~r/industry_21/~3/xJiHcl44Rxg/baltimore-area-home-prices-reach-march-record-amid.html