Baltimore-area home sales, inventory drop in August


Baltimore-area home sales and listings continued to drop in August even as the median sales price increased compared to a year ago.

Sales volume across the region was down 1.5% and active listings were down 4.2% from August 2018, the second month in a row of declining inventory after nine straight months of increases, according to data provided by MarketStats by ShowingTime based on listing activity from Bright MLS.

New listings also declined by 3.3%, the third month in a row they have declined…

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