Shalom Properties

Baltimore Metro Area - April 2020 Baltimore Metro Market Activity Overview:

Howard County saw about half its average April new listing volume for single-family units, while Anne Arundel slid to a low level of new listings not seen since May 2010.
Baltimore County witnessed a -29.2% month-to-month loss in new listing. Usually, April grows +14.9% from March.
New pending sales fell -22.6% month-to-month - a degree of decline last seen in December 2013.
As well, while the region saw its first year-over-year decline in closing volume in seven months, the losses were smaller than surrounding metro areas (DC: -19.0%, Philadelphia: -18.5%).
Howard County saw a price surge in several of its suburban cities, as units in Woodbine ($705.0K, +70.6%), Woodstock ($529.0K, +85.6%), and Highland ($872.0K, +57.1%) closed at higher costs.
Harford hit a best in a decade median sale price, with Havre de Grace ($322.5K) advancing +30.6%.
All counties achieved a ten-year overall low for days on market, as Anne Arundel’s days on market for detached units (9 days) declined by just over two weeks.

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