Active listings in Baltimore surged by 16.2% year-over-year in late Q3, reaching 7,800 homes—offering buyers the broadest selection we've seen in years. Fresh listings also ticked up by about 1%, a clear sign that new supply continues to build and sellers are encouraged to price their homes accurately from the start. The median list price dipped around 3% to $375,000, which makes for a more compelling value for those weighing affordability and looking for some negotiating power. Nearly 22% of Baltimore listings saw price cuts, up about 2 percentage points from last year, suggesting sellers are adjusting expectations and buyers have more leverage at the table. Homes are now spending 46 days on the market, an 18% increase, giving buyers extra breathing room to make decisions while encouraging sellers to take a more patient approach. Having worked extensively throughout Baltimore and the surrounding counties, I recognize how these shifts can shape both your strategy and your confidence in the process.
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