Baltimore and DC real estate see decade highs in pending contracts in August

  • The median sales price of a home in the D.C. metro was up 2.4 percent annually in August, and Baltimore saw a 2 percent uptick in the same time frame.
  • Both metro areas saw a double digit increase in sales volume, at 16.1 percent and 14.5 percent in D.C. and Baltimore, respectively.
  • New contracts in the D.C. metro increased to 4,907, which is the highest reported number in August since 2005.

Let's make 2018 your breakout year!
Join real estate's best to unlock growth at Connect SF, July 17-20, 2018

August was a banner month for Washington D.C. real estate, according to a new market report. Hitting multiple records, August saw rising prices and climbing sales in both the D.C. and Baltimore metro areas, a new report from MRIS says.