The present housing market in North Baltimore is down with high active listings and low sales volume. Home prices have decreased 55.7% in the past month. With 2.5 months of supply, North Baltimore's inventory levels remain relatively tight. Sales volume is down 33% compared to seasonal expectations. A significant 80.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the North Baltimore market with the affordability index at 112.1. Based on current market indicators, home prices in North Baltimore are projected to increase by approximately 8.7% over the next month.
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