February Baltimore Metro Market Update

Hey there, my name is Alexander Cruz, the Director of Sales and Acquisitions at CR of Maryland. I wanted to provide you with an update on the Baltimore market and take a look at the 2020 market results as we move further into 2021 – we’re excited to share these great stats! If you’re not already on our mailing list, be sure to sign up HERE to receive this info to your inbox every month! 

Numerous owners in the CR community have newfound equity from their CR turnkey investments, and we look forward to helping each of you achieve these same results with us. Due to the high demand of buyers, we appreciate everyone’s patience as we work through our waiting list.

We are also incredibly pleased to welcome Margaret Chua to the CR team! Margaret is our new Turnkey Sales Specialist and she is looking forward to working closely with each of you.

As seen above, the yearly median sales price in the Baltimore Metro broke the $300.0K price barrier for the first time.
In the above graph we can see the Baltimore metro achieved its highest yearly median sales price on record, up by nearly +$25K from 2019. Baltimore City saw the region’s sharpest gain in the median sales price, and December reported a new ten year high for the month, as townhome sales prices rose 15.7% to $243.0K.

Meet Margaret!

Born and raised in the Philippines, Margaret started her Baltimore journey in January of 2008. She is proud to bring over 14 years of exceptional sales and managerial skills to the CR of Maryland team. She is very passionate, hardworking, and committed to giving the ultimate customer service experience to her clients. In her spare time Margaret loves cooking, reading, outdoor adventures and spending quality time with her family.

We are so pleased to have Margaret as part of the CR of Maryland team and look forward to watching her grow as a part of our CR Turnkey family!

Interested in Baltimore as the location for your next turnkey investment property? You can view our sold homes HERE to take a look at the quality of our product or take a 3D tour of one of our favorite renovations HERE.
If you’d like to talk more about your investment plans over the next 90 days, you can book a time that is convenient for you here: https://calendly.com/margaret-121/30min