Making it official: 2010 in Baltimore's housing market
While we wait for February home sale statistics, here's something to whet your appetite: the official 2010 tally for the Baltimore metro area from the keeper of the multiple-listing service. (Earlier figures were preliminary.)
Overall, the number of home sales dropped about 3 percent in the region -- the city and surrounding suburbs -- last year vs. 2009, according to Metropolitan Regional Information Systems' stats arm, RealEstate Business Intelligence.
Prices dropped not quite 1 percent on average, to $274,000. (The decline in median price, for those who prefer that measure, was 2 percent -- with half the homes selling for less than $235,000 and half selling for more.)