MD: Baltimore Home Sales Up, Prices Dip in February

Gay Maryland Real EstateBaltimore-area home buyers picked up the pace in February ahead of the important spring selling season, helped along by unseasonably mild weather.

Real estate agents say they’re seeing more activity and hope it’s a good sign for spring, rather than simply an early start that will come with an early end. Buyers signed contracts on nearly 2,500 homes in the Baltimore region in February, up 16 percent from a year ago, according to numbers released Monday by Rockville-based Metropolitan Regional Information Systems.

That’s the largest number of new contracts for the month since 2007, just before the financial crisis turned a housing slump into a full-fledged crash. “It feels really busy,” said Pat Hiban, with the Pat Hiban Real Estate Group at Keller Williams Crossroads Realty in Columbia. “The weather brings out buyers. … We basically skipped winter.”

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