Homes sales across Greater Baltimore Metropolitan region continued to improve in January, rising 9 percent, according to a report released Wednesday from Rockville-based Metropolitan Regional Information Systems Inc.
The median sale price, however, declined 2.2 percent compared with the same month last year, according to the market research firm.
The average home sold for $225,000 in January, compared with $230,000 during the period last year.
In January, 1,103 homes were sold in Greater Baltimore — Baltimore City, Anne Arundel County, Baltimore County, Carroll County, Harford County and Howard County. That’s up from 1,015 during January 2009.
Another bright spot was the number of days homes stayed on the market, which declined 19 percent. The average home sold in January was on the market 112 days, compared with 138 during January 2009.
Nick Gioia | www.ngrealtygroup.com