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Baltimore City Wire

Friday, November 22, 2024

Home prices in Baltimore City during February 2023 fell compared to the same period in 2022

Realestate077

In February 2023, the median sale price of a home in Baltimore City fell by $44,000 from the same period in the previous year, while total sales decreased by 99.2%, according to BlockShopper.com.

Data shows that there were seven homes sold in February 2023, with a median sale price of $106,000 - a 29.3% decrease from the $150,000 median sale price for the same period of the previous year. There were 875 homes sold in Baltimore City in February 2022.

For context, the median sales tax in Baltimore City, based on the latest available data from 2018, was $2,496, which stands at 2.4% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Baltimore City from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$150,000$150,000$95,000$95,000$135,000$135,000$135,000$135,000$132,500$132,500$155,000$155,000$164,000$164,000$145,500$145,500$126,960$126,960$140,000$140,000$65,000$65,000$89,900$89,900$106,000$106,000

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