Baltimore home prices fall in February 2018

Baltimore home prices fall in February 2018
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The median sale price of a home sold in February 2018 in Baltimore fell by $9,173 while total sales decreased by 46.3%, according to BlockShopper.com.

In February 2018, there were 396 homes sold, with a median sale price of $70,000 – a 11.6% decrease over the $79,173 median sale price for the same period of the previous year. There were 738 homes sold in Baltimore in February 2017.

The median sales tax in Baltimore for 2018 was $2,487. In 2017, the median sales tax was $2,463. This marks an increase of 1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Baltimore to other Baltimore city County cities in February 2018:

City Feb. 2018 Home Sales Feb. 2017 Home Sales % change (Total Home Sales) Feb. 2018 Median Sales Price Feb. 2017 Median Sales Price % change (Median Sales Price)
Dundalk 1 3 -66.7% $98,010 $85,000 15.3%
Baltimore 396 738 -46.3% $70,000 $79,172.50 -11.6%
Rosedale 2 0 $67,050 $0
Towson 0 2 -100% $0 $102,214.50 -100%
Parkville 0 1 -100% $0 $188,000 -100%
Pikesville 0 2 -100% $0 $102,190 -100%


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