Baltimore housing market rising, despite distressed past

MRIS Chairman of the Board Cindy Ariosa provides the what and where of Baltimore’s rising market
  • Baltimore's median sales price hit $275,000 in June, a 5.8 percent year-over-year increase and 5 percent month-over-month rise.
  • New listings are up 5.8 percent since last June.
  • Healthy job market, homebuyer tax credits and affordability are bringing more millennials and baby boomers to the city.
  • Canton, Fells Point, Camden Yards and Remington are hot neighborhoods at the moment.

The Baltimore housing market is seeing surging prices, fewer days on the market and plenty of new listings, according to MRIS. Charm City is blossoming, notwithstanding the fact that residual foreclosures remain high.