Jamie Smith Hopkins from The Sun summarizes data from MRIS as it pertains to Baltimore in "2007 in the rear-view mirror."
Examples:
Examples:
--Average prices in the Baltimore metro area rose 2.3 percent to about $316,900. That's very close to the preliminary figure.
--Median price (impossible to calculate from the monthly reports) was $273,000, up almost 2 percent.
--Sales fell almost 18 percent, also a minor change.
--Reported average days on market rose from 60 to 92.
Interested in your own area in Maryland? Go to MRIS and run your own report, on the county of your choice. (Virginia and WV in addition to Maryland)
- Cass
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