Housing indicator reflect strong seller market Baltimore region

The listing for Michael Rothmeier’s Parkton home went live on a Thursday. It sold four days later for $17,000 above the list price. The home’s quick sale reflects a regional housing market that is heating up as household incomes and jobs grow. Homes are selling faster than they have been in a decade and for more of the asking price than in years. The median days on the market for homes listed for sale in the Baltimore region was just 15 days in June, “by far” the fastest in the last decade, according to monthly data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.

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Source: The Baltimore Sun