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Saturday, November 16, 2024

Baltimore home prices rise in the first quarter of 2019

Realestate4

The median sale price of a home sold in the first quarter of 2019 in Baltimore rose by $10,000 while total sales increased by 52.5%, according to BlockShopper.com.

From January through March of 2019, there were 2,027 homes sold, with a median sale price of $100,000 - a 11.1% increase over the $90,000 median sale price for the same period of the previous year. There were 1,329 homes sold in Baltimore in the first quarter of 2018.

The median sales tax in Baltimore for the most recent year with available data, 2018, was $2,487, approximately 2.5% of the median home sale price for the first quarter of 2019.

The following table compares Baltimore to other Baltimore city County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Towson51400%$475,000$585,000-18.8%
Pikesville52150%$140,000$85,25064.2%
Parkville41300%$127,500$129,000-1.2%
Baltimore2,0271,32952.5%$100,000$90,00011.1%
Dundalk103233.3%$85,650$98,010-12.6%
Rosedale03-100%$0$65,000-100%

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