Buzz

Home Sales Improve In August...Sort Of

Tuesday, September 20, 2011

Recently released numbers show mixed results for Baltimore's real estate market in August. Sales were up, but prices were down.

From the source:

Baltimore-area home sales grew more than 6 percent in August, but the average sale price continued to tumble.

During the month, 2,046 homes were sold, up from 1,925 in August last year, according to Rockville market research firm Metropolitan Regional Information Systems.

The uptick in home sales, one of the better August months in the past several years, is likely tied to lower interest rates and cheaper homes.

Still, the average home sale price in the Baltimore area slipped 5.4 percent to $274,735.

The full story is here.

Signup for Email Alerts

Buzz

Home Sales Improve In August...Sort Of

Related Tags