The Baltimore home demand index for November 2024 is 72, which is down from last month, remaining the “slow” category from the Baltimore home demand index for October 2024 that was “slow” at 84. (Please note that the index is one month behind, meaning the data for the November 2024 report is from October 2024 data.)

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

Here is the link to the Baltimore home demand November 2024 report.

This is a multi-area overview of Maryland 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 $400,000 continued to be in higher demand than other types of homes in the Baltimore real estate market.

For Baltimore single family homes under $355,000, the market fell to “Limited” at 62 (down from 74 for October), $355-814,000 was “Slow” at 72 (down from “Slow” at 84) and above $814,000 was “Slow” at 71 (down 18 points from “Slow” at 89 in October.)

Baltimore Condos below $400,000 stayed into the “Steady” range at 91, down from 96 last month. Condos above $400,000 dropped, falling into the “Moderate” range at 122, down from 142 last month.

Townhouses have only one category – any/all townhouses in the Baltimore area, and that remained in the “Slow” range at 75, down thirteen points from 88 last month.

We are continuing to see a changing Baltimore real estate market. This month saw drops in all categories of Baltimore homes.

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

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