Like the D.C. region’s housing market, the housing market in Baltimore, Maryland, remains strong. The median price of what sold in the Baltimore metro in March was up 10.4% from a year ago, and what sold went under contract in an average of eight days.
Unlike the D.C. housing market, Baltimore is considerably more affordable.
“The median price of a condo in the District is about $465,000. But a condo in Baltimore will run you about $210,000,” said Lisa Sturtevant, chief economist at listing service Bright MLS.
“Same in the suburbs. For example the median price of a single-family home in Montgomery County right now is over $800,000, however if you go up to Baltimore County, the price of a single-family home is under $400,000.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
