Housing Market

Baltimore home prices drop in October, but remain historically high

Baltimore home prices drop in October, but remain historically high

The median sale price for homes in the Baltimore region dropped $10,100 from September to October and remained unchanged from a year ago.

October’s median sales price of $259,900 marks the third month of dipping prices after a sustained rise that peaked in June at $285,000, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS, the region’s multiple listing service.

Nonetheless, prices remain historically high. Prices in the region remain well above the five-year average of $249,380 and the 10-year average of...

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