Top Small Teams in Baltimore, Maryland – Ranked By Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    Perlow Home TeamMonument Sotheby’s International RealtyBaltimore, MD$48,269,545View Profile
    Reside MBBMonument Sotheby’s International RealtyBaltimore, MD$45,508,085View Profile
    Fredeking TeamMonument Sotheby’s International RealtyBaltimore, MD$35,964,965View Profile
    Access Home GroupMonument Sotheby’s International RealtyBaltimore, MD$31,787,890View Profile
    Azam Khan & Bill Magruder GroupLong & Foster Real EstateBaltimore, MD$29,744,200View Profile
    Key Home TeamBerkshire Hathaway HomeServices PenFed RealtyBaltimore, MD$28,770,292View Profile

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    2023 Baltimore, Maryland Housing Market Summary

    Baltimore, Maryland started 2023 with a total of 254 single-family homes on the market, with a median home price of $267,750 and an average price per square foot of $133. By the end of the year, inventory had increased to 330 homes on the market (+29%), with a median home price of $235,000 (-12%) and an average price per square foot of $126 (-5%).

    At the start of 2023, the median days on market (DOM) was 56 days – by the end of the year, median DOM had remained the same at 56 days.

    Baltimore started the year with 42% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 34% of Baltimore homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Baltimore started 2023 as a strong seller’s market, with an MAI score of 45; by the end of the year, the MAI had dropped to 42 – a slight seller’s advantage.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Real Estate News

    First-time homebuyers are hurt by the recent commission changes.

    Opinion: No benefit to home sellers is worth sacrificing first-time homebuyers 

    Apr 01, 2024By

    Policymakers must work with the real estate industry to develop a model that prioritizes first-time homebuyers.

    Housing Market News

    Balance

    Weekly active inventory growth still too slow 

    Mar 30, 2024By

    With higher mortgage rates, we should be able to grow weekly active inventory between 11,000 – 17,000 on some weeks.

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    Agent News

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    Proptech startup Courted grows its roster of brokerage partnerships  

    Mar 29, 2024By

    The company was invited to join the REACH Class of 2022, a technology scale-up program backed by the NAR