State of the City Market

Live Baltimore presented its annual summary of neighborhood residential real estate activity for the 2023 calendar year at its standing-room-only State of the City Market event on Wednesday, January 24, 2024, held at Coppin State University.

Live Baltimore’s Executive Director, Annie Milli, provided key takeaways, trends, and highlights from the City’s 2023 residential housing market. A panel discussion about West Baltimore projects and development followed the presentation, and the event ended with an audience Q&A session.

The panelists for the event included:

• Tim Regan, President and CEO of Whiting-Turner Contracting Company (pictured left)
• Kate Sylvester, Deputy Administrator, Chief Program Delivery Officer of Maryland Transit Administration (pictured second from the right)
• Chad Williams, Executive Director of West North Avenue Development Authority (pictured right)

Watch the entire State of the City Market 2023 event below.

You can use the video chapters to skip to different portions of the event.

Download the 2023 Home Sales Report

Live Baltimore’s 2023 Baltimore City Home Sales by Neighborhood report lists all residential home sale data for individual neighborhoods, including average sales price, median sales price, total number of sales, and sum of sales.

Additional Market Highlights

Underscoring the market strength shared during the event, we are also pleased to highlight the following list of noteworthy and exceptional transactions identified over the past year. These examples showcase firsthand the beauty and value homebuyers found in Baltimore City in 2023. 

Over East: 

5640 Purdue Avenue – A new build in Woodbourne Heights that was purchased for $425,000 (more than double the neighborhood’s $206,000 median) in February 

2339 Boston Street — A waterfront townhome in Canton that was purchased for $1,060,000  

(nearly three times the neighborhood’s $375,000 median) in July  

4304 Dewey Avenue — A conveniently located cottage in Hoes Heights that was purchased for $495,750 (nearly $200,000 above the neighborhood’s $309,500 median) in September 

820 Evesham Avenue — A move-in ready detached home in Chinquapin Park that was purchased for $453,000 (nearly twice the neighborhood’s $235,000 median) in December 

Over West: 

4107 Liberty Heights Avenue — A six-bedroom home in Central Forest Park that was purchased for $580,000 ($200,000 above the neighborhood’s $380,000 median) in April 

3301 Dorchester Road — A completely redone detached home in historic Ashburton that was purchased for $576,500 (twice the neighborhood’s $288,250 median) in April 

2301 Whitley Road — A recently built, corner lot home in Cheswolde that was purchased for $845,000 (nearly three times the neighborhood’s $309,500 median) in July 

510 Drury Lane — An architectural gem in Ten Hills that was purchased for $515,000 (more than $150,000 above the neighborhood’s $385,000 median) in September 

2412 Reisterstown Road – An updated, porch front rowhome in Mondawmin that was purchased for $230,000 (more than three times the neighborhood’s $69,000 median) in October 

411 Old Orchard Road — Another architectural masterpiece in Ten Hills that was purchased for $600,000 (more than $200,000 above the neighborhood’s $385,000 median) in October