The Baltimore home demand index for January 2025 is 55, which is down 18 points from last month, falling into the “limited” category from the Baltimore home demand index for December 2024 that was “slow” at 73. (Please note that the index is one month behind, meaning the data for the January 2025 report is from December 2024 data.) The data is very similar to this point last year.

The Baltimore home demand index is a report created by T3/Bright MLS, which is the company that runs our Baltimore real estate multiple listing service.

Here is the link to the Baltimore home demand January 2025 report.

This is a multi-area overview of Baltimore area home sales for the prior month. It includes Anne Arundel, Baltimore City, Baltimore, Carroll, Harford, and Howard counties. Your Baltimore neighborhood’s value may have different scenarios, prices and timelines than this general area report.

Baltimore condos above $403,000 continued to be in higher demand than other types of homes in the Baltimore real estate market.

For Baltimore single family homes under $360,000, the market remained “Limited” at 56 (down from 65 in December), $360-815,000 was “Limited” at 50, down from “Slow” at 71, and above $815,000 was “Limited” at 35, down from 58 in December.

Baltimore Condos below $403,000 fell into the Limited” range at 69, down from the “Slow” range at 89 last month. Condos above $403,000 fell into the “Slow” category at 75, down from the “Moderate” range at 110.

Townhouses have only one category – any/all townhouses in the Baltimore area, and that fell into the “Limited” category at 61, down from the “Slow” range at 80.

We are continuing to see a changing Baltimore real estate market. This month saw some rises and some drops in the various categories of Baltimore home sales.

Here is the Baltimore Home Demand Index December 2024 so you can see the changes month-over-month.

Please contact me to help you navigate the Baltimore real estate market.