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National Association of Realtors

Baltimore housing prices stagnate amid strong sales

Baltimore housing prices stagnate amid strong sales

The four-bedroom, 2.5-bath home on Cromwell Bridge Road in Towson listed in June for $324,900. And lingered.

June Piper-Brandon, a real estate agent with Century 21 New Millennium, and the seller, David Walcher, recently reduced the price by about $25,000. Even so, no one showed up at an open house this weekend.

"We keep dropping the price and hoping," Piper-Brandon said.

The good news and the bad news in Baltimore's real estate market is the same for both buyers and sellers: Prices aren't going up.

Nationwide home prices recovered to pre-housing-crash levels in June, rising 6.5 percent year-over-year after months of steady gains, according to the most...