Housing Market

Baltimore-area home sales, prices climb in November

Baltimore-area home sales, prices climb in November

Baltimore-area home sales and prices continued to climb in November as the inventory of available homes sunk to a 10-year low.

A total of 3,003 homes sold for a median prices of $254,000, up 5.8 percent from the same time last year and the highest November sales volume and median price in a decade, according to a ShowingTime report released Monday.

Active listings declined by 11 percent, to 9,712, marking the 27th consecutive month of declining year-over-year inventory levels and the lowest November level in a decade, according to the monthly report, based on listing activity from MRIS, a division of the multiple-listing service Bright MLS.

In Baltimore, November home...

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