DC and Baltimore metros set new sales and price records

Both metros nearing two straight years of rises in closed sales
  • Washington D.C.'s closed sales set a new record of 5,938 in the month of June.
  • The Baltimore metro area has experienced 23 consecutive months of increased closed sales.
  • D.C. and Baltimore metros saw annual median home price increases of 1.6 percent and 5.8 percent, respectively.

The month of June managed to set new records for Washington D.C. and the Baltimore metro areas, according to MRIS data. Sellers watched as median home prices crept up, while buyers had to act fast, as inventory levels have slowly declined since last year.