Baltimore Metro

August 2025 | 
Home Demand Index: 89 | 
Tier: Slow

Metro Area Overview

The Home Demand Index (HDI) for the Baltimore metro area currently stands at 89, reflecting a notable decrease from 95 last month and slightly below the 90 recorded during the same period last year. This month’s reading places the region in the Steady demand category, but the month-over-month dip suggests a seasonal cooling or increased buyer hesitancy amid affordability pressures. The minimal year-over-year change indicates that while demand has softened in the short term, market sentiment remains relatively stable compared to last summer.
The market trend line, below, provides a high-level monthly overview of the Home Demand Index for each of the metro market areas within the Greater Baltimore Metro Area. The Home Demand Index is baselined at 100, with 90-110 indicating a steady market. Index values above 110 indicate moderate and high activity while Index values below 90 indicate slower or limited activity. For more information for a given period of time, click on any point on the map to pull up the monthly report.
Metro Market Trend Data by Bright MLS | T3 Home Demand Index
Each of the market areas listed above are defined as follows:
  • Baltimore Metro – Anne Arundel, MD; Baltimore City, MD; Baltimore, MD; Carroll, MD; Harford, MD; Howard, MD;
  • DelMar Coastal – Somerset, MD; Sussex, DE; Wicomico, MD; Worcester, MD;
  • Maryland Eastern Shore – Caroline, MD; Cecil, MD; Dorchester, MD; Kent, MD; Queen Annes, MD; Talbot, MD;

Baltimore | August 2025

Home Demand Index

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The Home Demand Index (HDI) for the Baltimore metro area currently stands at 89, reflecting a notable decrease from 95 last month and slightly below the 90 recorded during the same period last year. This month’s reading places the region in the Steady demand category, but the month-over-month dip suggests a seasonal cooling or increased buyer hesitancy amid affordability pressures. The minimal year-over-year change indicates that while demand has softened in the short term, market sentiment remains relatively stable compared to last summer.
Demand by home type in Baltimore reveals diverging trends this month. Entry-level single-family homes registered an index of 67, down from 71 last month, suggesting growing affordability challenges despite a slight improvement over last year. Mid-range single-family homes dipped to 91 from 97 but remain stronger than the 89 recorded a year ago, indicating sustained interest from move-up buyers. The luxury single-family segment declined to 114 from 130 but far exceeds last year’s 101, highlighting ongoing strength in the high-end market. Entry-level condos dropped to 114 from 124, though demand remains elevated versus last year’s 107, while luxury condos rose to 161 from 158, continuing to lead the market with persistent high demand. Townhouses decreased to 90 from 93 last month and 94 a year ago, indicating a modest decline in buyer interest for this versatile segment.
Monthly Statistics for August 2025
Home Demand
Index
89
(Slow)
Home Demand Index
from prior month
95
Home Demand Index
from prior year
90
Index change
from prior month
-6.3%
Index change from
same time last year
-1.1%
Bright MLS | T3 Home Demand Index

www.homedemandindex.com