MRIS reports DC, Baltimore housing conditions for February

Conditions favor buyers in Baltimore, sellers in DC
  • The median days on the market for an existing home in Washington, D.C. stands at 20 days.
  • Buyers paid 99 percent of a homes' original listing price in the district last month.
  • Median days on the market for a home in Baltimore is 72.

Recent existing home sales data for Washington, D.C. and Baltimore suggest it’s a seller’s market in the district and a time for buyers in the Charm City. In February, the District witnessed a number of market conditions that benefit sellers: a favorable listing-to-sales price ratio, rising sales prices, an increase in pending new sales and low days on the market.