Maryland Blogger: Baltimore Metro Area Home Sales, July, 2015

Baltimore Metro Area Home Sales, July, 2015

Baltimore Metro Area Home Sales, July, 2015

 

If you are planning to purchase a home in the Metro Area of Baltimore, Maryland, you will want to learn about the current market conditions. The following chart will provide an overview of the July activity in the area.

Real estate market conditions vary from community to community. We recommend the use of an exclusive buyer agent to provide the information you will need to make the best decisions for your family. Those who plan to use mortgage financing should obtain a pre-approval letter. Your buyer agent will be happy to suggest names of mortgage loan officers who have a record of success.

 

In July, the Baltimore Metro housing market saw double-digit increases in salesand pending contracts, slight growth in in inventory levels, and a smallincrease in year-over-year median sales prices.  Closed sales of 3,623increased by 23.0% from July 2014, although down 6.5% from last month. The number of new contracts increased 15.7% from the prior year to 3,959, andreached the highest July level in a decade. The median July sales price of$259,900 was up $3,900 from July 2014, and unchanged from last month. Total sold dollar volume across the Baltimore Metro region in July was nearly$1.1 billion, up 20.8% percent from last year.RealEstateBusiness Intelligence

 

 

 

Rose, Kentlands IMG_6099

Photograph by Roy Kelley using a Canon PowerShot G11 camera.  

Roy and Dolores Kelley Photographs

Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

Comment balloon 12 commentsRoy Kelley • July 08 2015 02:32PM

Comments

Roy,

I really love the fact that you keep up with the market.  Wishing you a lovely evening with Dolores.  By the way, the newest  Inspector Ganache book was released today.  I have it on my iPad with 5 other books to read...I can't wait.  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding and Marketing (Napa Consultants) almost 2 years ago

Thanks so much for your comment. Enjoy the new book.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 2 years ago

Great news for Baltimore Sellers, Roy!  Love the photo of the rose!

Posted by Christine OShea (RE/MAX Realty Select) almost 2 years ago

Roy,

 Good things to know if you are planning to buy a home in the Baltimore Metro area! I hope you have  a great evening my friend!

Posted by Yolanda Cordova-Gilbert, C&G Real Estate Consulting (C&G Consulting) almost 2 years ago

Thanks, again, for your comments. Have a great evening.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 2 years ago

when you compare those to the 5yr avg you can see how good the market is recovering

Posted by David Shamansky, Creative, Aggressive & 560 FICO - OK, Colorado Mtg (US Mortgages - David Shamansky) almost 2 years ago

Wow!  I am totally impressed with these numbers and love the essay style of reporting them. 

Posted by Judi K Barrett, BA, Integrity Real Estate Services -IDABEL OK (Judi Barrett~Integrity Real Estate Services~Idabel, Oklahoma) almost 2 years ago

It is always good to hear from you. Have an outstanding week.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 2 years ago

Thanks Roy. Great information for those with an interest in the Baltimore Metro area real estate market.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 2 years ago

roy, Home buyers and sellers in Baltimore will appreciate this information.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) almost 2 years ago

Thanks, again, for your comments and for your continued support.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 2 years ago

Good Monday morning to all. We have a warm and muggy day in Maryland.

Keep cool and have an outstanding week.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 2 years ago

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