The Baltimore home demand index is a report created and released by T3/Bright MLS, our Baltimore multiple listing service.
The Baltimore home demand index for November 2021 was 119, a drop of two points from the Baltimore home demand index for October 2021 that was moderate at 121.
Here is the link to the Baltimore home demand November 2021 report.
More expensive condos and higher priced single family homes continued to be in the most demand, according to the report, though both categories showed a drop from the prior month.
For single family homes under $250,000, the market was “limited” at 50 (up from the limited market at 47 in October,) $250-590,000 was moderate at 128 (up one point from October,) and above $590,000 was high at 192 (High is 130 and above, though this was a drop from 217 in October.)
Condos below $310,000 were in the “steady” range at 109, a drop from the moderate range of 114 from last month. Condos above $310,000 were very high at 243, a drop from the October number of 255.
Townhouses have only one category – any/all townhouses in the Baltimore area, and that was high at 130, down 2 points from the 132 number last month.
This is a very interesting report and a newer one to me. I look forward to following it to see what it shows for December.
Please contact me to help you navigate this Baltimore real estate market!
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