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Sales In Baltimore

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BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun Staff Writer | August 5, 1995
Home sales in metropolitan Baltimore fell for the 13th straight month, dipping 3 percent in July, the Greater Baltimore Board of Realtors said yesterday.Sales of new and existing homes fell to 1,673, compared with 1,718 homes sold in the same period last year, the board said.Nonetheless, the figures came as encouraging news to industry officials because they indicate the housing market may have seen the last of the sharp declines of the past year.The market should gain momentum in the coming months, based on a 36 percent jump in the number of contract signings in the region compared with last July, the board said.
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BUSINESS
By Natalie Sherman | January 10, 2014
More homes sold in the Baltimore metro region last month than in any December since 2006, as the housing market continued its slow recovery. A total of 2,164 units closed in December, up 11 percent from the same time in 2012 and 6 percent since November, according to data provided by RealEstate Business Intelligence (RBI), a subsidiary of online listing service MRIS. In December 2006, 2,583 units sold, according to the numbers, also from the George Mason University Center for Regional Analysis.   "This increase in closed sales from November does not follow typical seasonal patterns as this change is generally flat," according to the RBI analysis.
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BUSINESS
By Trif Alatzas and Trif Alatzas,SUN STAFF | April 12, 2003
Existing-home sales in the Baltimore metropolitan area rose 4.3 percent last month compared with March 2002 and the average sales price increased 9.09 percent as housing continues to help prop up the local economy. Sales in Baltimore and the five surrounding counties rose to 3,032 homes in March compared with 2,907 in the corresponding month last year, according to figures released yesterday by Metropolitan Regional Information Systems Inc., the Rockville listing company used by agents and brokers.
BUSINESS
By Eileen Ambrose, The Baltimore Sun | September 10, 2013
Sales of homes in metro Baltimore jumped nearly 17 percent in August from a year earlier, with demand pushing up the month's sales prices to the highest levels since 2008, according to a report released Tuesday. The median price for a home sold last month was $252,000, 5 percent higher than in August 2012, reported RealEstate Business Intelligence and the Center for Regional Analysis at George Mason University. The report is based on housing data from the Metropolitan Regional Information Systems Inc., the region's listing service.
NEWS
December 9, 1998
Because of incorrect information supplied by the Metropolitan Regional Information System, the percentage rise of existing home sales in the Baltimore area for November was reported incorrectly in yesterday's Business section.These are the correct figures: Sales of existing homes in the Baltimore area rose 37.35 percent over the same period last year. Sales in Baltimore City were up 49.75 percent; Baltimore County sales rose 30.09 percent; Carroll County sales rose 58.78 percent; Harford County sales rose 14.11 percent; and Howard County sales rose 40.76 percent.
BUSINESS
February 21, 1993
This chart and map track recent movements in single-family home sales in Baltimore and Baltimore County by ZIP code. The chart lists sales volume and median price for November, the most recent month available, and for the first 11 months of 1992, and compares those figures to 1991 statistics. The map reflects percentage changes between the median price during January-November 1992 and the same period last year. The information is provided by Rufus S. Lusk & Son Inc.
BUSINESS
April 7, 1991
This chart and map track movements in single-family home sales in Baltimore and Baltimore County. It lists sales volume for January 1991 and for all of 1990, and compares those figures to 1989 statistics.Year-to-date figures were not used because they would have reflected only one month of data. Instead, the chart includes sales and price information for 1990 and comparisons to 1989, which offer a more complete indication of sales trends.Charts and maps will appear for Anne Arundel County (April 14)
NEWS
By Jamie Smith Hopkins, The Baltimore Sun | July 10, 2012
Baltimore-area homeowners trying to sell are having the easiest time of it in six years, with the balance of power — though not price — back to where it was before the market crashed. And while prices remain below their housing-bubble highs, they are rising again. The average sale price in the Baltimore region rose 9 percent in June compared with a year earlier, the fourth month in a row of gains, Rockville-based RealEstate Business Intelligence said Tuesday. Some of the increase is simply fewer foreclosures to pull down the average.
BUSINESS
Jamie Smith Hopkins | June 13, 2012
You've probably noticed if you're looking to buy a home: The choices out there really shrunk in the last year. That's been a theme in the 2012 housing market, here and elsewhere. Locally, it's driven by fewer foreclosures (well, for now, at least ), a pickup in sales and plenty of homeowners who might like to move but can't or won't sell at today's prices . All told, about 12,700 homes were listed for sale in the Baltimore metro area in May, less than in May 2006, when more than 13,700 homes were for sale.
BUSINESS
By Gus G. Sentementes, The Baltimore Sun | February 10, 2012
January home sales slipped by 5 percent in the Baltimore area, while the number of homes on the market reached its lowest point in nearly six years, numbers released Friday show. There were 1,334 homes sold in the area last month, down from January 2011 but 4 percent higher than the five-year average for the month, according to data from the Metropolitan Regional Information Systems. The median sale price of a home in Baltimore rose 29 percent, to $93,100, but the city continued to be the most affordable in the region.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | November 11, 2010
From the Real Estate Wonk blog: Here's a snapshot of how the housing market in the Baltimore metro area looked in October: --Home sales dropped 30 percent vs. a year earlier, when buyers were rushing to get the first-time home buyer tax credit --The number of homes changing hands totaled less than 1,600, the smallest amount in the month of October for at least 12 years (that's how far back the records go) --Average prices fell just over 1 percent, to about $272,000 (though remember to take this calculation with a grain of salt)
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,lorraine.mirabella@baltsun.com | April 11, 2009
Home sales and prices in metropolitan Baltimore continued to slide in March, statistics released Friday showed, though the decline was not as sharp as in recent months. Sales in Baltimore and the five surrounding counties fell more than 18 percent last month, with 1,545 homes changing hands. Home values dipped nearly 6.5 percent compared with a year earlier, to an average sales price of $278,511, according to Rockville-based real estate listing service Metropolitan Regional Information Systems Inc. Sales in the Baltimore area have been down on a monthly basis by more than 30 percent in eight of the past 14 months, including by 31 percent in February.
NEWS
November 25, 2007
Voters to decide on slots next year Lawmakers gave final approval to a referendum on slot machines for the November 2008 ballot. If approved at the ballot box, the measure would allow thousands of slot machines at five locations throughout the state. Priest removed after abuse allegation The Rev. Michael Salerno has been removed as pastor of St. Leo Roman Catholic Church in Little Italy because of a claim that he sexually abused a teenage boy 30 years ago. Tax increases are on the way Marylanders soon will be feeling a pinch in their pocketbooks under the plan approved during the special session that includes $1.3 billion in tax increases.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun reporter | January 17, 2007
Move over, Boardwalk and Park Place. The swanky Ritz-Carlton condominium project rising at Baltimore's Inner Harbor is pulling in buyers as fast as units are released for sale, and the first two mid-rise buildings are expected to be just about full when they open in the fall. The developer credits the cachet of the luxury Ritz-Carlton brand and the project's prime waterfront location for the strong demand, even as the housing slump has stalled condo sales in Baltimore and elsewhere. When the last batch of five were put out for sale in mid-December, including a penthouse with a price tag north of $5 million, all were gone in a day. All three of the $5 million-plus penthouses have been sold.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,Sun reporter | September 9, 2006
The number of houses sold in the Baltimore area fell more than 25 percent in August compared with August 2005, and prices went up less than 5 percent, leaving frustrated sellers with houses sitting on the market longer than expected. Sales in the city and five surrounding counties totaled 3,460 homes in August, down from 4,639 a year earlier, Rockville-based Metropolitan Regional Information Systems Inc. said yesterday. The area has not seen such a sharp decline in sales in any month since the MRIS began tracking data in the region in March 1999.
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