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September 6, 2008

Poll: Predict August prices

You're an opinionated bunch, so why leave the housing-market predictions to the economists? Step right up and guess which direction Baltimore metro area home prices headed in August, the figures that Metropolitan Regional Information Systems expects to release this Wednesday.

You'll notice I don't specify median or average in the poll below -- that's because everyone has their own preference. Well, every wonk. So you pick. To get you started, keep in mind that the average home price was $323,134 in August 2007 and the median was $279,900. (You can see past price figures at MRIS.)

UPDATE as of 8 p.m. 9/9: Three-quarters of you think prices will be down from a year earlier. Ten percent think prices will be down vs. two years ago, 12 percent think prices will be down vs. three years ago and 2 percent think prices will rise.

Posted by Jamie Smith Hopkins at 12:08 PM | | Comments (0)
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About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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