Baltimore County and Catonsville, MD Market Conditions

By
Real Estate Agent with Coldwell Banker Residential Brokerage MD RE License 579412

Baltimore County and Catonsville, MD Market Conditions

The market is shifting in many areas of the country and the stresses of a much higher interest rate than a year ago and putting pressure on home sale prices in some areas.  The information in the table below is taken from our local MLS and is believed to be accurate at the time it was collected and shows that on average prices are still rising over the same time last year and there is still high demand for homes, multiple offers, and homes selling for more than the list price despite declining sales numbers.

Maryland is somewhat sheltered from this pressure due to how close we are to Washington DC and the number of defense contractor employers in Maryland. I live in Catonsville, which is a convenient and central location close to Baltimore and close enough to use the MARC train to commute to Washington DC, in addition, Catonsville has that small-town feel with good schools, entertainment, and shopping close by.

As the market shifts, it's even more important that sellers choose an agent that is in tune with market conditions.



 

06/2021

06/2022

07/2021

07/2022

08/2021

08/2022

Baltimore Co - avg $

$370693

$398315

$368019

$382394

$354584

$385898

# Homes Sold

1332

1067

1295

1022

1226

955

% of list $

102.9%

103.5%

102.4%

102.2%

101.3%

104.5%

Catonsville-avg $

$370513

$424537

$373966

$441031

$370585

$408869

#Homes Sold

79

68

58

55

67

64

% of list $

104.6%

103.4%

104.1%

103.4%

101.7%

102.7%

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If you are thinking of buying or selling a home in  Maryland give me a call at 410-292-0100 or start your search here and I'll talk about the market conditions and what your home could possibly be worth in today's marketplace if you are thinking of selling.  If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone are worth the plunge into today's market. Coldwell Banker and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here to Maryland or anywhere in the United States or abroad.  Ask me how.

During these trying times, Coldwell Banker and I are equipped with the latest technology to sell your home using Virtual Open Houses, Virtual showings, electronic signing, virtual inspection, and even online closings.   You can reach out to me through Snapchat, Duo, Skype, Google Hangouts, What's App, text messaging, or simply by phone.  We take you and your family's health and safety very seriously.  

June Piper-Brandon ~ Associate Broker ~ MRP, AHWD, CDPE, ePro

Coldwell Banker

410-292-0100 - Direct   410-461-7600 Office

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

Comments (1)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Baltimore home buyers and sellers are sure to value your real estate market report, June.

Sep 20, 2022 06:58 PM