As someone deeply rooted in Baltimore real estate, I’m seeing a notable shift: active listings in our area reached 7,800 in Late-Q3, which is about 16% higher than last year. This means buyers have more choices right now than we've seen in years. For sellers, the steady flow of new listings—up roughly 1%—underscores the importance of setting prices thoughtfully from the start. Median list prices have edged down by about 3% to $375,000, opening up new value opportunities and negotiation room for buyers who are watching affordability closely. With nearly 22% of listings experiencing price cuts (a 2 percentage point annual increase), sellers are clearly more flexible, and buyers have gained some leverage. Homes are averaging 46 days on the market—up 18% year-over-year—so both sides should be prepared for a more deliberate pace. Whether you’re looking to buy, sell, or invest across Baltimore City, Baltimore County, or nearby Maryland communities, these trends are shaping our local market in real time.
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