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April 10, 2010

Baltimore-area housing market in March

You can check out today's story about how home sales and prices fared in the Baltimore metro area last month, or you can chew on these stats -- or, better yet, both:

4 percent: The drop in average sale prices between March 2009 and March 2010

17 percent: The increase in the number of homes sold, year over year

1,808: Homes sold last month

3,648: Homes sold in March 2005, pre-bust

39 percent: The increase in the number of contracts signed, year over year 

                     Also the share of homes in Baltimore City bought entirely with cash

12 percent: The all-cash share in the 'burbs

4/30: The deadline to sign a contract to qualify for the $8,000 first-time buyer tax credit or the $6,500 repeat-buyer credit

Here's where to find more data from Metropolitan Regional Information Systems. What numbers interest you?

Posted by Jamie Smith Hopkins at 7:00 AM | | Comments (0)
Categories: Housing stats
        

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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.
Baltimore Sun articles by Jamie
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